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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (50883)	6/11/2004 12:53:53 AM
From: AC Flyer	Read Replies (2) \| Respond to of 74559

>>While I'm certainly to the right of Malcolm :o) I have a few items where I think the public good could be better served (and as a corollary the interests of the rich). Healthcare and education are the two primary ones. The problem is not that they are public but as in many things public (including our beloved respective democracies) but a gross lack of accountability.<< Excellent points. There is no one correct answer for health care, unfortunately. Bottom line is if you subsidize something, anything, you will get more of it. In this case, subsidized health care, by any means, results in an insatiable and endless increase in demand for health care services. My own prescription would be to set up either a government-funded or closely supervised private sector system of catastrophic health care insurance, that would pay for trauma care and possibly a narrowly defined set of major health care problems only and then make everyone pay for routine health care out of their own pocket. Of course, employers would be free to offer health care benefits as a component of comp. packages. On education, Malcolm, of course, is also dead wrong. Educational attainment is unrelated to money spent. Washington DC has one of the highest per pupil education expenditures and one of the lowest achievement levels. And don't get me started on teachers' labor unions, another gift from the political left.