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To: 10K a day who wrote (20760)7/6/2001 2:42:42 PM
From: Tunica Albuginea  Respond to of 24042
 
Impristine, we are imploding again this AM as " we've done it again!!"
i.e. miscalculated the data, GDP is weaker etc.
As in....where did the money go????
Where have all the flowers gone......

Anyway Impristine, you have some nice points about
increasing productivity in health agree.Agree: Forget about it.

ama-assn.org

" Moreover, Baumol's principles hold that new
technologies in health care, unlike productivity-increasing
technologies in industries such as banking or insurance,
will only add to costs and consume more of a doctor's time.

It is here that we begin to understand how so many health
care initiatives failed to produce the efficiencies and
cost savings that Wall Street analysts predicted. "


There's another point that did not exist in 1970 when Dr.Baumol
formulated his principles:
Today, unlike 1970, many in health care can't even spell correctly.
How are you going to run a computer?

vbg

TA



To: 10K a day who wrote (20760)7/6/2001 2:51:52 PM
From: Tunica Albuginea  Read Replies (1) | Respond to of 24042
 
Impristine, another point: We don't have Billy Clinton and Algor
to save us.
Had they been here, I am certain all this would not have occurred.
The market and telcos would have been booming.
Clearly this is a a George W. Bush led recession and so will be
significantly worse because we all know Republicans don't know
how to run things.
What we really need here and now are a few good Democrats
that REALLY know how to print money and pass it around.
Alan Greenspan is trying but maybe one person is not enough,

back later,

TA