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Friday, March 06, 2009

Doctors Caused the Housing Bubble?

People refer to something called the “medical system” as if my visits to my doctor are some part of a well thought-out plan. It’s a statist way of looking at it, of course, and it serves the purposes of people who think that if only they were in charge of doctors, hospitals and drug companies we would all be healthier and everything would be cheaper. In fact one way to reduce what we as a people spend on medical care is to have people die sooner. At least that's the answer being proposed by Mark Warner of Virginia. It's working well in countries that ration medical care like Canada. Think of it as the old fashioned "natural Eskimo" way ... put granny out on an ice floe and give it a push.

It’s statists who have a mental image of a “health care system,” I want to be able to go to my doctor when I’m sick. And I don’t want to have wealthy necrophiliacs like Mark Warner tell me to die because my medical care costs too much.

Charles Krauthammer writes about Team Obama’s nonsense cause-and-effect.

At the very center of our economic near-depression is a credit bubble, a housing collapse and a systemic failure of the entire banking system. One can come up with a host of causes:…

The list is long. But the list of causes of the collapse of the financial system does not include the absence of universal health care, let alone of computerized medical records. Nor the absence of an industry-killing cap-and-trade carbon levy. Nor the lack of college graduates. Indeed, one could perversely make the case that, if anything, the proliferation of overeducated, Gucci-wearing, smart-ass MBAs inventing ever more sophisticated and opaque mathematical models and debt instruments helped get us into this credit catastrophe in the first place.



Yet as we look at the comments following this essay, the Obama supporters, a shrinking band, somehow still refuse to acknowledge that Obama’s formulation is total nonsense. As I have pointed out here, it’s as if by appointing the “indispensable” tax cheat Tim Geithner to the post of Treasury Secretary, Team Obama believes that they have solved the financial crisis and can now move on to more important things … the parts of their agenda that are closer to their hearts, even as the markets tell them that the financial mess is getting worse and their “solutions” are a large part of the problem.

Team Obama seems to be either more incompetent than even I imagined when I voted against them, or they are more evil that I feared.

By the way, is it time for a national discussion on whether people like Mark Warner should be allowed to die with dignity .... sometime soon? Look at him, he doesn't look well.

2 comments:

Anonymous said...

Liberals and progressives don't even try to fix problems. They try (or pretend to try) to ameliorate the effects. You can point out that their attempts at amelioration don't actually ameliorate much, while at best leaving the real problems unaddressed (or aggravated, at worst), but then they squeak about how the appearance of effort at amelioration is a moral imperative, and so it doesn't matter whether they're making things worse or not. It feels like the right thing to do, so we have to do it, and do it now, and do it as hard as we can, whether it works or not.

For example: Liberals look at our urban underclass, and they see tens of thousands of young American men, healthy and reasonably bright, who think drug dealing and street violence are their best shot at making something of themselves. Liberals can't think of anything that needs to be done about that, other than trying (impotently, of course) to force them to use less effective tools to kill each other. What about all those young men whose lives are so broken they're willing to use guns irresponsibly in the first place? To a liberal, that's a confusing thing to think about.

Liberalism is learned helplessness. They advocate obviously useless policies because they believe that all policies are equally useless. They do talk a great game. Rhetorically, they're the hubris champions of all time (the oceans began to recede!), but they don't really believe it. They want carbon taxes in the middle of a recession and all this other crackpot craziness because they don't really believe anything they can do will actually wreck anything. They're like little kids with a gun. They don't understand it's not a toy.

jill said...

Warner has a face that frightens small children. He's not for younger and more sensitive viewers.