America's medical system has problems, but profit is the least of it. Government mandates, overregulation and a tax code that pushes employer-paid health insurance prevent the free market from performing its efficient miracles. Six out of seven health-care dollars are spent by third parties. That kills the market. Patients rarely shop around, and doctors rarely compete on price or service.Third in a series on articles by John Stossel on his interaction with Michael Moore. In it he disputes more claims of how government does a better job of providing services than the private sector. Moore's popular belief that certain services shouldn't be "tainted" by profit is deceptive - and attractive to those who don't understand what profit truly is.
Private competitors innovate or die. Government workers do what they did last year. That's why I want the private sector to provide my health care. Pursuit of profit will give us our best medicines and medical devices.
I'll pay you $1,000 if you can name one thing government does more efficiently than the private sector.
Thursday, July 19, 2007
Where Michael Moore is Wrong
http://www.realclearpolitics.com/articles/2007/07/where_michael_moore_is_wrong.html
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment