tag:blogger.com,1999:blog-4567550251914645088.post1244915691097999671..comments2023-06-28T04:53:15.187-04:00Comments on The Blog of Burgher Jon: On Nationalized HealthcareBurgher Jonhttp://www.blogger.com/profile/02480605431184499792noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-4567550251914645088.post-90678625336062377822009-09-15T22:48:01.333-04:002009-09-15T22:48:01.333-04:00I'm not saying, I got any of the data from Gre...I'm not saying, I got any of the data from Greenspan. I'm saying that he articulated the point I'm trying to make nicely in his book.<br /><br />Greenspan did not foresee the economic consequences of some of his actions as well as he could have (same could be said for Bill Clinton and many others). That doesn't mean we should throw out any concept he's ever articulated. That would be to throw out much wisdom and sound economics.Burgher Jonhttps://www.blogger.com/profile/02480605431184499792noreply@blogger.comtag:blogger.com,1999:blog-4567550251914645088.post-57774127098847899882009-09-15T22:40:31.010-04:002009-09-15T22:40:31.010-04:00You mean to tell me you got that from Alan Greensp...You mean to tell me you got that from Alan Greenspan, one of the architects of last fall's financial meltdown?!Schultzhttps://www.blogger.com/profile/15081403187993259643noreply@blogger.comtag:blogger.com,1999:blog-4567550251914645088.post-7903323871803024532009-09-15T08:47:30.189-04:002009-09-15T08:47:30.189-04:00My rationale for rising health care costs comes fr...My rationale for rising health care costs comes from the <a href="http://www.cbo.gov/publications/collections/health.cfm" rel="nofollow">CBO</a>. It's also one of the key points in Greenspan's book The Age of Turbulence.<br /><br />The French have a system that works much better then ours in the current economic system, but is also unprepared for a rise in health care costs. I'm NOT saying it's not a better system (intentional double negative), I'm just saying that it doesn't solve the big problem either. Even with a hybrid system like France or England, the pace of medical innovation will slow. Would be drug makers and surgical innovators will not want to create innovations that will not be covered by the "base" system. There will be too few customers willing to go beyond "base" to make such advancements economically profitable. <br /><br />Again, I'm not saying this is necessarily a poor choice, but it is A choice. The point of my post was not to push an agenda, but to point out that I think it's disappointing that people are only focused on how efficient rivaling systems would be in addressing the CURRENT health care crisis and are ignoring the fact that whatever decision we make about health care will impact how we incentivize innovation in health care for the next 50 years.Burgher Jonhttps://www.blogger.com/profile/02480605431184499792noreply@blogger.comtag:blogger.com,1999:blog-4567550251914645088.post-15127451719588144522009-09-14T22:53:22.075-04:002009-09-14T22:53:22.075-04:00I don't know where to begin, burgher jon. Your...I don't know where to begin, burgher jon. Your reasoning for rising health care costs is baffling. I will say that there is a third option, and that is to have a hybrid health care system like the one in France. France has a public health insurance plan alongside of private insurance plans. France is usually ranked #1 overall for health care quality, and they do that by spending much less per capita than we do here in the US. Obamacare is not "socialized" medicine, but an aim to implement something along the lines of what the French have. <a href="http://www.npr.org/templates/story/story.php?storyId=92419273" rel="nofollow">Here is a related NPR story from last year.</a>Schultzhttps://www.blogger.com/profile/15081403187993259643noreply@blogger.comtag:blogger.com,1999:blog-4567550251914645088.post-37809916050128430062009-09-13T20:10:13.459-04:002009-09-13T20:10:13.459-04:00just want to say nice article to readjust want to say nice article to readGho Chenghttp://healthcareplan1.blogspot.com/2009/09/healt-care-note-obama-health-care-will.htmlnoreply@blogger.com