I doubt that Universal Health Care will end up on the agenda this year, but this is an interesting discussion via CBS Sunday Morning:
October 26, 2008
While yesterday's US stock market close was poor, Asia and Europe didn't follow today as debt in Greece, Spain, Portugal, etc... rallied, their CDS narrowed and stocks bounced. The Greek finance minister said January tax revenues came in above expectations and that spending was below target for the month and said "that means the deficit reduction for January is well within what we have promised." The euro is rising in turn. Also helping is the story that Trichet is headed to the European Union leaders summit a day early in order to address Greece's problems even as the Greek finance...
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November 6th, 2008 at 9:19 am
Main thing not covered: lawyers. Any health care system here would be called the lawyer enrichment act. They will sue for everything, especially any refusal to treat one of the 14 million illegals, a number that will probably double when we get a system so the free loaders can get free stuff.
November 6th, 2008 at 2:28 pm
I wonder how much health care quality in European countries benefits from innovations in the United States. Not to say that our health care system is perfect, but ripping off U.S. patients does provide big R&D incentives here.
November 6th, 2008 at 7:57 pm
I would say that most expensive drugs from overpriced pharma R&D mostly stay in the States, so the impact of US innovation on the contents of that doctor’s bag is questionable. Nobody’s perfect, but nobody is ripping you off, either.
What I see here is two approaches to risk management. Should failure be punished by lack of medical care for those with low income, and covered by bailouts for ultra high incomers? The excuse seems to be that if the fat cats were left to fail, everybody would lose safety – but was it there in the first place?