Tuesday, December 22, 2009

The "Costs" of Medical Care: Part III - Thomas Sowell

EXCERPT:

"One of the strongest talking points of those who want a government-run medical care system is that we simply cannot afford the high and rising costs of medical care under the current system.

First of all, what we can afford has absolutely nothing to do with the cost of producing anything. We will either pay those costs or not get the benefits. Moreover, if we cannot afford the quantity and quality of medical care that we want now, the government has no miraculous way of enabling us to afford it in the future.

If you think the government can lower medical costs by eliminating 'waste, fraud and abuse,' as some Washington politicians claim, the logical question is: Why haven't they done that already?"