4 ms·
The US already spends more on healthcare than just about every other country and the inefficiency of that spending is an obvious problem that should probably be
by AnthonyMouse 2y ago
The US already spends more on healthcare than just about every other country and the inefficiency of that spending is an obvious problem that should probably be addressed before throwing any more money into the fire. But if it was addressed then the amount of spending needed would go down rather than up.
That other stuff doesn't even cost a significant amount of money by comparison and could be well-funded from the savings.
The government doesn't lack for revenue, it lacks for efficiency.
- ripe 2y agoOur healthcare is horribly wasteful and inefficient. But since the US government isn't in charge of it for most people, you can't blame them here. Our ultra-capitalist healthcare "system" achieved this spectacular waste all by itself.
- AnthonyMouse 2y agoThe US does not have an "ultra-capitalist" healthcare system. Its healthcare system is heavily regulated and subsidized and many of those regulations are bought and paid for by the incumbents to prevent competition, i.e. the thing that allows private systems to be efficient. You can't just call something "capitalism" while regulating it into market concentration and expect that to work.
- ripe 2y agoYou're making a "no true Scotsman" argument. This is, in fact, how capitalism works whenever you fail to regulate it. Rent-seeking and regulatory capture is a feature, not a bug.