A Quote by Thomas Sowell
Virtually everything that the government does costs more than when the same thing is done in private industry - whether it is building housing, running prisons, collecting garbage, or innumerable other things. Why in the world would we imagine that health care would be the exception?
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One of the biggest reasons for higher medical costs is that somebody else is paying those costs, whether an insurance company or the government. What is the politicians' answer? To have more costs paid by insurance companies and the government. ... [H]aving someone else pay for medical care virtually guarantees that a lot more of it will be used. Nothing would lower costs more than having each patient pay those costs. And nothing is less likely to happen.
What do we have for veterans? Government-run health care. I understand that. Congressmen and senators... they get five choices of government-run health care. Why should a congressman and senator get anything more than a regular citizen does? Why are they privileged and the rest of us aren't?
We can only imagine what would happen to our health care and to the quality of our health care here in North Dakota if we took the federal government out of health care.
The standard of 'affordable' housing is that which costs roughly 30 percent or less of a family's income. Because of rising housing costs and stagnant wages, slightly more than half of all poor renting families in the country spend more than 50 percent of their income on housing costs, and at least one in four spends more than 70 percent.
I can remember the time when, if we wanted a house or housing, we relied on private enterprise. In fact, Americans built more square feet of housing per person than any other country on the face of the earth. Despite that remarkable accomplishment, more and more people are coming to believe that the only way we can have adequate housing is to use government to take the earnings from some and give these earnings, in the form of housing, to others.
Americans believe that the private sector is always more efficient and cheaper than big government, and particularly when you go among Republicans, even after five beers, they still believe it. But I always say, "If it's really true, why would they need that 12 percent extra on a traditional government program? Explain to me why something that costs more saves me money as a taxpayer.".
Since environmental and health damage is not factored into reducing GDP - and in fact the resulting health costs and the costs of cleaning up the environment would also inflate GDP, a GDP obsessed government would try and dismantle environmental and health regulations.
It is hard to imagine having a government more secretive than the United States. Virtually everything that government does, of any significance, is conducted behind an extreme wall of secrecy. The very few leaks that we’ve had over the last decade are basically the only ways that we’ve had to learn what our government is doing.
Health care costs are on the rise because the consumers are not involved in the decision-making process. Most health care costs are covered by third parties. And therefore, the actual user of health care is not the purchaser of health care. And there's no market forces involved with health care.
President Obama famously promised that the Affordable Care Act would not only slow the growth in health care costs, but would also reverse these trends, making the average health insurance plan cheaper. That isn't happening.
Whether government finances its added spending by increasing taxes, by borrowing, or by inflating the currency, the added spending will be offset by reduced private spending. Furthermore, private spending is generally more efficient than the government spending that would replace it because people act more carefully when they spend their own money than when they spend other people's money.
What I am saying is, all health care has a problem with costs. Medicare is growing slower than the private insurance plans. Why? Because of their efficiency. They don't have to give money to shareholders. Why should be defending shareholders?
We need legislation that encourages increased competition and tort reform and combats fraud, waste, and abuse. This would drive down health care costs, provide more 'bottom line' for our small businesses and lead to more private sector job growth.
The way things are supposed to work is that we're supposed to know virtually everything about what they [the government] do: that's why they're called public servants. They're supposed to know virtually nothing about what we do: that's why we're called private individuals.
In business, you don't necessarily need heart, whereas here, in government, almost everything affects people. So if you're talking about health care - you have health care in business but you're trying to just negotiate a good price on health care, et cetera, et cetera. You're providing health. Here, everything, pretty much everything you do in government, involves heart, whereas in business, most things don't involve heart. In fact, in business you're actually better off without it.
It is when physicians are bogged down by their incomplete technologies, by the innumerable things they are obliged to do in medicine when they lack a clear understanding of disease mechanisms, that the deficiencies of the health-care system are most conspicuous. If I were a policy-maker, interested in saving money for health care over the long haul, I would regard it as an act of high prudence to give high priority to a lot more basic research in biologic science.
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