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The problem with socialized medicine is the problem

Posted on: September 22, 2017 at 08:21:28 CT

ummmm MU

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with socialized anything.

Such systems rebuke honest price discovery and profit/loss market feedback. The bureaucrats that arrange these systems are left to essentially guess on where to place certain resources, leading to an inevitable misallocation of precious resources (i.e. waste). Also, there is no attention paid by the bureaucrats to the capital structure that underlies the consumer good of medical care. Over time, the capital structure is therefore eroded away resulting in serious supply shortages, especially since the demand will likely not cease to grow because people will be less likely to economize away from dependent use on medical care (i.e. take less care of themselves).

That is a nutshell version, but it should be applied to any and every consumer good or service, including the great many that have already been preempted and subjected to a government monopoly.

Please explain why this message is being reported.

REPLY

MESSAGE THREAD

i'm a pretty hard left lean. so please explain - gmmm98 MU - 9/21 20:45:42

The problem with socialized medicine is the problem - ummmm MU - 9/22 08:21:28

Govt set price controls never work - tigerinhogtown STL - 9/22 00:27:02

my perception is that the market has already failed(nm) - gmmm98 MU - 9/22 07:03:13

Your perception is wrong. The consumer goods of medical - ummmm MU - 9/22 08:22:19

What's your personal experience with the health care system? - ScottsdaleTiger MU - 9/22 00:13:15

Keep your fvcking hands out of my pocket - SwampTiger MU - 9/21 22:04:05

so **** everybody not you? - gmmm98 MU - 9/21 22:29:32

To me, it's not all or nothing. - Zeaux MU

- 9/21 21:14:31

are your random thoughts from years ago - gmmm98 MU - 9/21 21:27:23

I'm not paying attention to what's going on with G-C - Zeaux MU

- 9/21 21:35:18

am i understanding you to believe insurers - gmmm98 MU - 9/21 21:42:54

62 percent of hospitals are nonprofit - TigerFan92 MU - 9/21 21:20:47

I wasn't aware of the 62% figure. - Zeaux MU

- 9/21 21:37:02

It was 90% plus as Christian missionaries established nearly - TigerFan92 MU - 9/21 22:02:34

It is rationing of healthcare. Period end of storry - tman KC - 9/21 21:10:49

so like, palin's death panels? - gmmm98 MU - 9/21 21:32:34

Haven't studied the new bill. You asked about - tman KC - 9/21 21:43:07

When u get sick, the gov't would decide if u should b healed - TigerFan92 MU - 9/21 21:09:03

can you compare aca v. graham cassidy here? - gmmm98 MU - 9/21 21:11:31

And before Obamacare how many died without - TigerFan92 MU - 9/21 21:15:40

man. preventative care. - gmmm98 MU - 9/21 21:19:41

Agree gov't can get involved in preventative and - TigerFan92 MU - 9/21 21:25:41

tell me more about canada v. us on innovation, please(nm) - gmmm98 MU - 9/21 21:29:32

RE: tell me more about canada v. us on innovation, please(nm) - TigerFan92 MU - 9/21 21:39:21

interesting. thanks.(nm) - gmmm98 MU - 9/22 07:27:50

Turn off CNN and think for yourself - TigerFan92 MU - 9/21 21:13:49

i came here stating very openly my biases - gmmm98 MU - 9/21 21:16:42

ok but take a 95 yr old who needs a heart transplant and - TigerFan92 MU - 9/21 21:35:12

95 yr olds don't qualify for a heart transplant - catbirdseat MU

- 9/22 06:38:41

if there is socialized medicine - gmmm98 MU - 9/21 21:55:38

currently the insurer would pay for any approved procedure - TigerFan92 MU - 9/21 22:00:13

but that example was a medicare recipient, no?(nm) - gmmm98 MU - 9/21 22:01:14

RE: but that example was a medicare recipient, no?(nm) - TigerFan92 MU - 9/21 22:04:03

Yes you did. Too bad you also didn't say you were open - tman KC - 9/21 21:30:12

i have turned on cnn once in the last calendar year - gmmm98 MU - 9/21 21:34:23

You are simple regurgitatING your instead of - tman KC - 9/21 21:46:45

this makes no sense. at all. - gmmm98 MU - 9/21 21:48:59

Actually take a minute to digest what is being said - tman KC - 9/21 21:51:57

so, i came here, openly stating my biases - gmmm98 MU - 9/21 22:00:14

I am stating you came here to pick a fight - tman KC - 9/21 22:29:04

arguing is how i best learn from opposing viewpoints - gmmm98 MU - 9/22 07:08:56

Simply put, it doesn't work. Just look at the VA. - Alferd Packer MU

- 9/21 21:05:33

VA works. - catbirdseat MU

- 9/22 06:41:24

Works for israel - JayHoaxH8r MU

- 9/21 21:20:09

Same reason socialized anything is wrong - El-ahrairah KC - 9/21 20:59:56

there are lots of bridges that don't serve my purposes - gmmm98 MU - 9/21 21:14:12

Damn. Not used to intelligent questions from a lib. - GA Tiger MU - 9/21 20:58:47

RE: Damn. Not used to intelligent questions from a lib. - o'lineydisciple MU - 9/22 08:27:50

i think tort reform is a nonstarter - gmmm98 MU - 9/21 21:09:16

Western slash and burn "medicine" in and of itself is not - Uncle Fester USMC - 9/21 20:55:03

that's an interesting comment - gmmm98 MU - 9/21 21:04:22

Who pays for it? (nm) - MIZ45 MU - 9/21 20:53:19

We cannot afford it - Spanky KU - 9/21 20:49:35

Maybe we could save money here #draintheswamp - playhard KC - 9/21 21:33:10

stay on point(nm) - gmmm98 MU - 9/21 21:47:12

obviously a very rational concern - gmmm98 MU - 9/21 20:58:08

there are definite areas to cut in the military.... - Spanky KU - 9/21 21:03:44

i cannot agree on eductation - gmmm98 MU - 9/21 21:05:54

do you think the education money is being spent well? - Spanky KU - 9/21 22:47:36

Do you think that's what we have? - El-ahrairah KC - 9/21 21:10:13

is your question "do i think we have an educated public?" - gmmm98 MU - 9/21 21:12:54

Lol - El-ahrairah KC - 9/21 21:16:24

We could cut it all and be safe - El-ahrairah KC - 9/21 21:05:50

good catch there - El-ahrairah KC - 9/21 21:02:00

Ineffective? - Spanky KU - 9/21 21:04:37

For reference - El-ahrairah KC - 9/21 21:06:53

Those were POLITICAL losses... not military - Spanky KU - 9/22 11:22:49

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