Michael Moore's - Sicko !!!

Real goods and services are not wealth, CDB. If you think that then you don't know how our money system works. Wealth is the ownership of money and the control of other people's debts.

Which goes against well over several hundred years of economics. Money means **** if you can't buy anything with it.

Wealth is an increase in the supply of real goods and services. Ownership of money is irrelevant without considering its buying power. It's buying power is determined by the relative supplies of the money commodity and the supply of real goods and services. Control over the fiat money supply gives the power of wealth redistribution, not the power to create actual wealth.
 
Which goes against well over several hundred years of economics. Money means **** if you can't buy anything with it.

Wealth is an increase in the supply of real goods and services. Ownership of money is irrelevant without considering its buying power. It's buying power is determined by the relative supplies of the money commodity and the supply of real goods and services. Control over the fiat money supply gives the power of wealth redistribution, not the power to create actual wealth.


You do realise of course that there is more than double the money owed than physically exists, right?
 
You do realise of course that there is more than double the money owed than physically exists, right?

You do realize there is more than double the fiat money owed than realy exists, right? You do realize there's a difference between actual money and money titles, right? You do realize increased difficulty of paying back debt is an inevitable result of inflation of money titles beyond the actual supply of money commodity, right? And lastly, you do realize that repayment of debt is the last thing any managing/governing authority wants in a fiat inflation, right?
 
You do realize there is more than double the fiat money owed than realy exists, right? You do realize there's a difference between actual money and money titles, right? You do realize increased difficulty of paying back debt is an inevitable result of inflation of money titles beyond the actual supply of money commodity, right? And lastly, you do realize that repayment of debt is the last thing any managing/governing authority wants in a fiat inflation, right?

That's precisely what I was saying. Our monetary system sucks balls. We need to go back to the gold standard. It's one of the reasons why I try to keep as much of my "cash" in gold as possible. Because I don't trust monopoly money.
 
Really? Last time I checked the newly elected Congress has worse ratings but we wouldn't want the reality of health care costs to get in the way of "complaining".

Just be careful some facts don't go flying over your head while you continue to complain.


That's because we're still waiting for Congress to begin impeachment proceedings against Bush. Once this starts, Congress' ratings will skyrocket.
 
Michael Moore said in the film the US was 37th. this didnt make any sence so i looked it up and saw that cuba was worse on the list then the US. I dont see how he can make the point of the US having bad health care when what he compares it to (by his own information in the film) is worse.

btw nice use of the WTF smiley face :thumbsup:

Cuba is an island of 11 million people and a per capita GDP of $4,000, according to the CIA World Fact Book.

The United States is a world superpower with a population of 301 million people and a per capita GDP of $44,000, according to the same book.

Considering we are the richest country in the world, you would think we would have one of the best healthcare systems in this country.

Considering that Cuba is one of the poorest countries in the world, you would expect them to be ranked much lower than two below the United States.

I think it's an embarrassment that we are ranked only two spots ahead of Cuba and 37 spots behind France.

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Cuba is an island of 11 million people and a per capita GDP of $4,000, according to the CIA World Fact Book.

The United States is a world superpower with a population of 301 million people and a per capita GDP of $44,000, according to the same book.

Considering we are the richest country in the world, you would think we would have one of the best healthcare systems in this country.

Considering that Cuba is one of the poorest countries in the world, you would expect them to be ranked much lower than two below the United States.

I think it's an embarrassment that we are ranked only two spots ahead of Cuba and 37 spots behind France.

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But ohh nooooo, socialism is evil! Cuba is an evil empire. LOL!

USA has destroyed the ideals of democracy and voting by bending over for lobbyists. Why bother voting if you live in the US. Your better off getting a job with your favorite lobby group, at least this way, you'll probably have good benefits.
 
Forgot to add ... I have a good friend who goes twice a year every year ... he has family there. Misery and little food ... that is what Cuba has to offer it's people. I am so fortunate that my father was a US resident before Castro and my mother came here to the US less than one year after Castro took power. Castro is a murderous theiving thug who ruined the gem of the caribiean.

No one wants to turn the USA into a communist country. You yankees get so excited when someone mention socialised healthcare. Do you remember the part of the movie where the old brit said healtcare was started when the poor people were allowed to vote? You americans don't even get that choice. No vote on socialised healthcare for you. So much for your freedom.

BTW: I've had to wait 1 WEEK FOR AN MRI on my arthritic hip, and 2 WEEKS for an ultrasound on my abused liver. Canada's healthcare really sucks, doesn't it.
 
On a side note:

I currently live in Toronto, Ontario. Car insurance is not regulated by the provincial government here - meaning I have to shop around for insurance and the cheapest I could find was $5000 for a perfect record (it high because i was born a man).

In Vancouver, BC, home of the 2010 winter games and the city i grew up in, car insurance is regulated by the provincial goverment. Better coverage in BC costs me about $1000.

The insurance companies in Ontario keep on complaining about how they are losing money and deductibles will be rising. The BC provincial insurance company is making record profits every year and, when I was 22, gave me a gold star, which essentialy means I get 1 free accident that wont raise my deductible.

When goverment that gets voted into power has to make money and please the voters, its obvious a little socialism is okay. Especially on the neccesities of life such as health care and insurance.
 
That's precisely what I was saying. Our monetary system sucks balls. We need to go back to the gold standard. It's one of the reasons why I try to keep as much of my "cash" in gold as possible. Because I don't trust monopoly money.

yeah golds a real good investment :think:

you can be like those suckers that bought gold at its peak of $800/oz inthe early 80's only to see it fall to $300/oz in 2000.
A 60% decrease is a great investment compared Dow jones which rose over 1,000% in the same time frame.

you do realize that a commodity such as gold is regulated by the supply and demand for that commodity. so If word got out that they were increasing the supply of gold (which happened between 1980 and 2000, output doubled each year) you'd be screwed.

all this risk for tryin to hedge 2 -3% inflation?
 
Cuba is an island of 11 million people and a per capita GDP of $4,000, according to the CIA World Fact Book.

The United States is a world superpower with a population of 301 million people and a per capita GDP of $44,000, according to the same book.

Considering we are the richest country in the world, you would think we would have one of the best healthcare systems in this country.

Considering that Cuba is one of the poorest countries in the world, you would expect them to be ranked much lower than two below the United States.

I think it's an embarrassment that we are ranked only two spots ahead of Cuba and 37 spots behind France.

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I find it odd that people just accept statsitics without even thinking about what they are reading. one factor they use in this ranking is "life expectancy". Now can anybody tell me what this has to do with health care?


Life expectancy is a poor statistic for determining the efficacy of a health care system because it doesnt need interaction with the health care system. For example, open any newspaper and, chances are, there are stories about people who die "in their sleep," in a car accident or of some medical ailment before an ambulance ever arrives. If an individual dies with no interaction with the health care system, then his death tells us little about the quality of a health care system. Yet all such deaths are computed into the life expectancy statistic.
 
That's because we're still waiting for Congress to begin impeachment proceedings against Bush. Once this starts, Congress' ratings will skyrocket.

Are you smoking the Kool Aid now?
 
You americans don't even get that choice. No vote on socialised healthcare for you. So much for your freedom.

BTW: I've had to wait 1 WEEK FOR AN MRI on my arthritic hip, and 2 WEEKS for an ultrasound on my abused liver. Canada's healthcare really sucks, doesn't it.


We have socialized healthcare for the poor and elderly. Yeah my freedom....... I have the freedom to not pay for your abused liver.
 
I think it's an embarrassment that we are ranked only two spots ahead of Cuba and 37 spots behind France.



.


Actually what is more embarrassing is the unemployment rate of France and that working class citizens get to pay for healthcare for all the unemployed. When laws are passed to try to rectify the situation they riot because they want to have to right to sit on their ass while the government pays for it. Real great system the French have :rolleyes:


The Economics Fueling the French Riots
It's becoming quite clear how unsustainable a system is that actually fosters sky-high youth unemployment -- and not just in France


Could the riots in France spell the beginning of the end of the European economic model? So far the unrest, which started in a Paris suburb and has now spread to more than 300 French towns, including Orleans, Nantes, and Rouen, has been mainly attributed to religious, ethnic, and immigrant issues. And the arson, car burnings, and other attacks so far seem to be centered in Muslim and African communities, fueled by pervasive discrimination and genuine grievances.


Yet the outbursts were supercharged by an economic system that not only tolerates but actually fosters sky-high youth unemployment. In September, an incredible 21.7% of 15- to 24-year-olds in France were unemployed, compared to only 11% in the U.S. and 12.6% in Britain. France isn't alone -- other European countries, such as Belgium, Spain, Greece, Italy, and Finland -- also have persistent youth unemployment rates above 20%.

Such sky-high levels of idle youth are a by-product of the welfare-state mentality that's still pervasive across much of Europe. The idea is that government's main role is to provide a safety net for the population, in terms of jobless and health benefits. Generating growth and creating jobs takes a distinctly lower priority, resulting in high unemployment, especially among the young.

UNDIRECTED ENERGY. By contrast, in the U.S. economic model, rapid economic growth and low unemployment can help pull young people over racial and ethnic hurdles. When businesses need lots of new workers, they are willing to take chances, as they did in the late 1990s. From 1996 to 2000, for example, the unemployment rate for young Americans dropped from 12% to just over 9%.

The problem for Europe -- and France in particular -- is that no society can long survive when 20% of young people, with plenty of energy and no place to put it, are unemployed. It's not simply an immigrant problem. Romano Prodi, the leader of the center-left coalition in Italy, says living conditions are terrible in that country's suburbs, even in areas made up only of Italian citizens.

One important lesson of the French riots is that the European economic model is leaving too many people behind, and that's not sustainable.



Real great system they have there :rolleyes:
 
That's precisely what I was saying. Our monetary system sucks balls. We need to go back to the gold standard. It's one of the reasons why I try to keep as much of my "cash" in gold as possible. Because I don't trust monopoly money.

You're right and wrong. A gold standard would be a good idea. Shifting to it in any way will bring about a mass economic adjustment which will screw a lot of people thanks to the years of bad monetary policy that we've had. Where you're wrong is in the control of debt. It's the control of military power in order to stop the repayment of debt that gives a country control. If the countries that owe the US money were to actually try and pay it back you'd see DC scrambling to find a way to stop that from happening. It would cause the value of the dollar to drop massively and cause a massive strain/drain on any real reserves that still exist in terms of gold and other real property. And you are wrong about control of debt being wealth. Control of debt, especially in a fiat inflation, leads to power which can be used for wealth redistribution. Actual wealth is an increase in the amount of real goods and services.
 
You're right and wrong. A gold standard would be a good idea. Shifting to it in any way will bring about a mass economic adjustment which will screw a lot of people thanks to the years of bad monetary policy that we've had. Where you're wrong is in the control of debt. It's the control of military power in order to stop the repayment of debt that gives a country control. If the countries that owe the US money were to actually try and pay it back you'd see DC scrambling to find a way to stop that from happening. It would cause the value of the dollar to drop massively and cause a massive strain/drain on any real reserves that still exist in terms of gold and other real property. And you are wrong about control of debt being wealth. Control of debt, especially in a fiat inflation, leads to power which can be used for wealth redistribution. Actual wealth is an increase in the amount of real goods and services.


Semantics. By your definition wealth is meaningless. Power means everything. What is wealth without power? The only purpose of wealth is the power it brings.

And yes you are absolutely right it would totally mess **** up if we switched back to a gold standard now. I wasn't saying we should switch instantly, that would be as disasterous as instantly eliminating the income tax and switching to a FAIR tax or similar system. All changes have to be gradual. The trick is finding the path and sticking to it. With something like this though, the trick is finding a path you can keep "hidden."
 
Semantics. By your definition wealth is meaningless. Power means everything. What is wealth without power? The only purpose of wealth is the power it brings.

Incorrect. Wealth benefits everyone. An increase in the production of real goods and services benefits everyone. Wealth redistribution benefits some at the expense of others. Power, military or other, facilitates the latter, not the former.

And yes you are absolutely right it would totally mess **** up if we switched back to a gold standard now. I wasn't saying we should switch instantly, that would be as disasterous as instantly eliminating the income tax and switching to a FAIR tax or similar system. All changes have to be gradual. The trick is finding the path and sticking to it. With something like this though, the trick is finding a path you can keep "hidden."

There is no path because there is no incentive for the government to do it. The gold standard caps government spending by limiting the power of the government to create credit and new titles to nonexistant money. It forces the government to go to the people and tax them directly to support its spending.

Historically all governments have taken control of the mints, taken control of the issuance of money titles, suspended specie payments and then gone off the gold standard. In that order too. If the government is really just a system for redistributing wealth, and I say it is, then it will favor a monetary system that makes that redistribution easier: fiat money and central banking. There is no reason or motivation for anyone in the government, unless they're an idealist like Ron Paul of which there are few, to favor a return to gold.

And even if somehow for some reason they did, a sudden switch is just as good as a gradual. The continuation of bad policy is just that, and in the end leads to nothing but the continuation of the bad effects of the bad policy. The switch is just a matter of sufferring slowly over time or sufferring greatly for a short amount of time.
 
Actually what is more embarrassing is the unemployment rate of France and that working class citizens get to pay for healthcare for all the unemployed. When laws are passed to try to rectify the situation they riot because they want to have to right to sit on their ass while the government pays for it. Real great system the French have :rolleyes:


The Economics Fueling the French Riots
It's becoming quite clear how unsustainable a system is that actually fosters sky-high youth unemployment -- and not just in France


Could the riots in France spell the beginning of the end of the European economic model? So far the unrest, which started in a Paris suburb and has now spread to more than 300 French towns, including Orleans, Nantes, and Rouen, has been mainly attributed to religious, ethnic, and immigrant issues. And the arson, car burnings, and other attacks so far seem to be centered in Muslim and African communities, fueled by pervasive discrimination and genuine grievances.


Yet the outbursts were supercharged by an economic system that not only tolerates but actually fosters sky-high youth unemployment. In September, an incredible 21.7% of 15- to 24-year-olds in France were unemployed, compared to only 11% in the U.S. and 12.6% in Britain. France isn't alone -- other European countries, such as Belgium, Spain, Greece, Italy, and Finland -- also have persistent youth unemployment rates above 20%.

Such sky-high levels of idle youth are a by-product of the welfare-state mentality that's still pervasive across much of Europe. The idea is that government's main role is to provide a safety net for the population, in terms of jobless and health benefits. Generating growth and creating jobs takes a distinctly lower priority, resulting in high unemployment, especially among the young.

UNDIRECTED ENERGY. By contrast, in the U.S. economic model, rapid economic growth and low unemployment can help pull young people over racial and ethnic hurdles. When businesses need lots of new workers, they are willing to take chances, as they did in the late 1990s. From 1996 to 2000, for example, the unemployment rate for young Americans dropped from 12% to just over 9%.

The problem for Europe -- and France in particular -- is that no society can long survive when 20% of young people, with plenty of energy and no place to put it, are unemployed. It's not simply an immigrant problem. Romano Prodi, the leader of the center-left coalition in Italy, says living conditions are terrible in that country's suburbs, even in areas made up only of Italian citizens.

One important lesson of the French riots is that the European economic model is leaving too many people behind, and that's not sustainable.



Real great system they have there :rolleyes:

So what is your excuse for the other 35 countries ahead of the United States in the World Health Organization rankings?

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1 France
2 Italy
3 San Marino
4 Andorra
5 Malta
6 Singapore
7 Spain
8 Oman
9 Austria
10 Japan
11 Norway
12 Portugal
13 Monaco
14 Greece
15 Iceland
16 Luxembourg
17 Netherlands
18 United Kingdom
19 Ireland
20 Switzerland
21 Belgium
22 Colombia
23 Sweden
24 Cyprus
25 Germany
26 Saudi Arabia
27 United Arab Emirates
28 Israel
29 Morocco
30 Canada
31 Finland
32 Australia
33 Chile
34 Denmark
35 Dominica
36 Costa Rica
37 United States of America
38 Slovenia
39 Cuba
40 Brunei
41 New Zealand
42 Bahrain
43 Croatia
44 Qatar
45 Kuwait
46 Barbados
47 Thailand
48 Czech Republic
49 Malaysia
50 Poland
 
I find it odd that people just accept statsitics without even thinking about what they are reading. one factor they use in this ranking is "life expectancy". Now can anybody tell me what this has to do with health care?


Life expectancy is a poor statistic for determining the efficacy of a health care system because it doesnt need interaction with the health care system. For example, open any newspaper and, chances are, there are stories about people who die "in their sleep," in a car accident or of some medical ailment before an ambulance ever arrives. If an individual dies with no interaction with the health care system, then his death tells us little about the quality of a health care system. Yet all such deaths are computed into the life expectancy statistic.

Thousands of Americans die every year because they did not have insurance or their insurance refused to cover their treatments.
 
Thousands of Americans die every year because they did not have insurance or their insurance refused to cover their treatments.

Begs the question of whether or not that a problem that is solvable by socializing the system. Is it better to die because your insurance isn't good or to die on a waiting list because supply is short? Which incidentally happens in the US all the time in the population of people waiting for organ donations. Which is a good example because it is one of the areas where the government has specifically and outight outlawed sales and voluntary exchange. The foreseeable outcome for anyone with a hint of reasoning power: shortage.
 
Thousands of Americans die every year because they did not have insurance or their insurance refused to cover their treatments.

And thousands die without ever having any interaction with the healthcare system. which is my point that life expectancy has low correlation with the healthcare system.
 
So what is your excuse for the other 35 countries ahead of the United States in the World Health Organization rankings?

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1 France
2 Italy
3 San Marino
4 Andorra
5 Malta
6 Singapore
7 Spain
8 Oman
9 Austria
10 Japan
11 Norway
12 Portugal
13 Monaco
14 Greece
15 Iceland
16 Luxembourg
17 Netherlands
18 United Kingdom
19 Ireland
20 Switzerland
21 Belgium
22 Colombia
23 Sweden
24 Cyprus
25 Germany
26 Saudi Arabia
27 United Arab Emirates
28 Israel
29 Morocco
30 Canada
31 Finland
32 Australia
33 Chile
34 Denmark
35 Dominica
36 Costa Rica
37 United States of America
38 Slovenia
39 Cuba
40 Brunei
41 New Zealand
42 Bahrain
43 Croatia
44 Qatar
45 Kuwait
46 Barbados
47 Thailand
48 Czech Republic
49 Malaysia
50 Poland

For the amount of people we have, I think 37 is good.


But I'm sure you can find more ways America is just terrible :rolleyes:
 
That list is probably as useful as the top 100 college list put out every year by x amount of magazines.

My question is: Who the hell are you people to think that you should be number 1, and is Slovenia a 3rd world country with horrible heathcare? Hell, 44 and 45 are the richest countries in the world based on gdp per person.
 
No one wants to turn the USA into a communist country. You yankees get so excited when someone mention socialised healthcare. Do you remember the part of the movie where the old brit said healtcare was started when the poor people were allowed to vote? You americans don't even get that choice. No vote on socialised healthcare for you. So much for your freedom.

BTW: I've had to wait 1 WEEK FOR AN MRI on my arthritic hip, and 2 WEEKS for an ultrasound on my abused liver. Canada's healthcare really sucks, doesn't it.

You see, those who have anything good to say about Cuba's government (health care, eductaion, etc.) ... are those who are not Cuban or do not have a Cuban relative. My parents were born in Cuba and lived in a democratic Cuba. Cuba always had good schools, good healthcare and it's economy was at the par of this country before Fidel Castro. Cuba was the other "melting pot" before Castro ... it was a paradise in the Caribean ... My grand parents left Spain to start a new life in Cuba becuase of the opportunities it had to offer. I know ... I hear it from several family members ... I see the pictures ... the films.

So much BS about their health care now !!! So what? Where's the beef, chicken, fish .... ? Where's the entertainment for the common people, clothes, toys for children, chewing gum, candy, anything .... there is NOTHING IN CUBA BUT MISERY. Fidel Castro ruined a gem in the caribean. Obviously, you do not know $$hit about Cuba. My grandfather left Spain to start a life in Cuba, worked in coal mines, saved his money, became a successful business man and Castro took everything from him by force. Cuba is a tragedy and nothing else. Who the ffuucckkk cares about health care or education when you don't have a life. The US has it's issues ... definitely ... but it is the BEST country in the world hands down. I rather not have good healtcare and be able to go to a Super Market and buy food ... buy my boy toys around Christmas time, go to an amusement park, speak my mind ... FREEDOM ... In Cuba, there is nothing.
 
You see, those who have anything good to say about Cuba's government (health care, eductaion, etc.) ... are those who are not Cuban or do not have a Cuban relative. My parents were born in Cuba and lived in a democratic Cuba. Cuba always had good schools, good healthcare and it's economy was at the par of this country before Fidel Castro. Cuba was the other "melting pot" before Castro ... it was a paradise in the Caribean ... My grand parents left Spain to start a new life in Cuba becuase of the opportunities it had to offer. I know ... I hear it from several family members ... I see the pictures ... the films.

So much BS about their health care now !!! So what? Where's the beef, chicken, fish .... ? Where's the entertainment for the common people, clothes, toys for children, chewing gum, candy, anything .... there is NOTHING IN CUBA BUT MISERY. Fidel Castro ruined a gem in the caribean. Obviously, you do not know $$hit about Cuba. My grandfather left Spain to start a life in Cuba, worked in coal mines, saved his money, became a successful business man and Castro took everything from him by force. Cuba is a tragedy and nothing else. Who the ffuucckkk cares about health care or education when you don't have a life. The US has it's issues ... definitely ... but it is the BEST country in the world hands down. I rather not have good healtcare and be able to go to a Super Market and buy food ... buy my boy toys around Christmas time, go to an amusement park, speak my mind ... FREEDOM ... In Cuba, there is nothing.

Nobody is saying Cuba is better than the USA. Comparing healtch care systems, its obvious which one is better.

There are also many countries where you can buy toys, food etc and have excellent free healthcare. Its better to pay a steady tax all your life than be hit with a huge bill one unexpected day of your life - in fact, socialized healthcare is probably cheaper for everyone as profit is not the objective.

BTW: I'm sure the average Cuban was having a wonderful life in Pre-Castro Cuba. Probably as good as a Mexican who ran across the border last night.
 
There are also many countries where you can buy toys, food etc and have excellent free healthcare. Its better to pay a steady tax all your life than be hit with a huge bill one unexpected day of your life - in fact, socialized healthcare is probably cheaper for everyone as profit is not the objective.

Actually that means it's more expensive.
 
Actually that means it's more expensive.

I get what your saying, but I dont think that applies to the "health care service" industry as it does to other industries like, say, manufacturing or production of any good. As an example, In Canada, I can check and see how much my doctor makes. My GP makes like 150,000 and my rhematologist is making 180,000. Its what Id expect. Salaries are set by the provincial goverment and rarely rise.
 
Actually that means it's more expensive.

Correct me if I'm wrong but we still pay our whole lives. Only to insurance companies. And for middle class and lower class schmoes, it's probably the second biggest expense after rent/mortgage. Having insurance provided for by one's employer does not make it free either. Being an employer I can very confidently say that. Most of my employees could be getting hundreds of extra dollars per month in straight out pay if I wasn't subsidizing their insurance. And that's with me being able to use the collective bargaining power of my company. On top of that, because I subsidize their insurance they no longer have a choice in provider. They take whatever gives me the best bargain.

If I didn't subsidize their health insurance most of my employees would likely get 400-500 more per month in their paychecks. Add to that the 100 bucks or so they have to shell out themselves and that means 500-600 extra in their pocket without health insurance. When you factor in copays, deductibles, prescriptions, and **** their plan doesn't cover or won't reimburse for, the average worker is shelling out an average of 9000 or so a year (about $7200 of which they are unaware of as I said). Let's say you take a junior IT guy at my company making 60 grand. 9000 a year is 15% of their GROSS annual salary. For the the average office peon making 40 it's 22.5%. Of their GROSS. For a most of my workers, that's more than their federal income taxes. Admittedly for a lot of my management it's not a big deal. But for the vast majority of my company, if I told them that they were all getting instant $7200 raises and they'd get free healthcare, they'd worship the ground I walk on. I don't see the government paying that much to do the same thing. The collective bargaining power of 1000 or so people is NOTHING compared to the collective bargaining power of 300 million.


Plus there's the other issue of elasticity. Healthcare costs are NOT elastic. When you have a health issue you don't have a choice, you have to get it treated. Unless you live in an urban area you also don't have a choice of where you get treated. You don't have a choice on what gets done. The fact there are middle men screws things up even more. The fact hospitals cannot outright refuse emergency treatment means the rest of us schmoes foot the bill so hospitals engage in bill padding. Same thing happens when an insurance company rejects a claim. Many times they do this after the fact; i.e. it is listed as covered but when the hospital sends in the bill the insurance company refuses to pay. Once again, joe schmoe foots the bill via the hospital padding it. It gets to the point where an emergency room visit costs $1500 or more. Just to show up. Not to actually have anything done, but just to show up. Where each night at the hospital costs over $5000.



The whole thing is screwed up.


From my own personal standpoint, the decreased cost of running my business by not having to shell out money for health insurance for my employees even with a subsequent increase in pay would be more than worth it for me personally. That cost is WAY more than what I'd pay in an increase in my own taxes. WAY more.
 
I get what your saying, but I dont think that applies to the "health care service" industry as it does to other industries like, say, manufacturing or production of any good.

It applies to all goods and all services. There is nothing magical about medical care, drugs, or other health services that make them immune to market forces. There are other goods and services which require equally specialized equipment and training, such as the manufacture of computer chips, televisions, etc., which require engineers and delicate/advanced equipment like clean rooms and mass production lines, and those products have seen falling prices, increasing supply and an increased variety of choice within the market. That happens because the government isn't screwing the market up to restrict supply while at the same time enacting policy to increase demand.

If the government all of a sudden came in and laid down ridiculously stringent standards to make sure all micro processors were of the highest standards or some other such nonsense, and set up programs by which people could pay set prices below market or not pay at all and still receive micro processors whenever they wanted, the prices for micro processors would soar, the availability would drop, and all of a sudden the costs of computers, TVs and any electrical equipment using mps would go through the roof and/or simply be unavailable.

And then people would blame the CEOs.

As an example, In Canada, I can check and see how much my doctor makes. My GP makes like 150,000 and my rhematologist is making 180,000. Its what Id expect. Salaries are set by the provincial goverment and rarely rise.

Pick up a basic economic text book and look up "price controls". Read.
 
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If you remove profit there is no mechanism to efficiently allocate resources. They get misallocated and outright wasted over time. This leads to overall higher costs because attempts to align resources with demand trail price adjustments up the structure of production. Profit, that is residual income, is the result of temporarily underpriced factors of production. Meaning the company that makes the highest profit is the one that aligned its production schedule/resources with changing consumer demand before the price rise manifests in higher order goods. This leads to lower prices over time.

Correct me if I'm wrong but we still pay our whole lives. Only to insurance companies. And for middle class and lower class schmoes, it's probably the second biggest expense after rent/mortgage. Having insurance provided for by one's employer does not make it free either. Being an employer I can very confidently say that. Most of my employees could be getting hundreds of extra dollars per month in straight out pay if I wasn't subsidizing their insurance. And that's with me being able to use the collective bargaining power of my company. On top of that, because I subsidize their insurance they no longer have a choice in provider. They take whatever gives me the best bargain.

If I didn't subsidize their health insurance most of my employees would likely get 400-500 more per month in their paychecks. Add to that the 100 bucks or so they have to shell out themselves and that means 500-600 extra in their pocket without health insurance. When you factor in copays, deductibles, prescriptions, and **** their plan doesn't cover or won't reimburse for, the average worker is shelling out an average of 9000 or so a year (about $7200 of which they are unaware of as I said). Let's say you take a junior IT guy at my company making 60 grand. 9000 a year is 15% of their GROSS annual salary. For the the average office peon making 40 it's 22.5%. Of their GROSS. For a most of my workers, that's more than their federal income taxes. Admittedly for a lot of my management it's not a big deal. But for the vast majority of my company, if I told them that they were all getting instant $7200 raises and they'd get free healthcare, they'd worship the ground I walk on. I don't see the government paying that much to do the same thing. The collective bargaining power of 1000 or so people is NOTHING compared to the collective bargaining power of 300 million.

Plus there's the other issue of elasticity. Healthcare costs are NOT elastic.

All demand is elastic. Perfectly inelastic demand means people will buy no matter the price. This is demonstrably not the case. Unless of course you give them the legal power to force others to pay for what they want done, in which case demand rises well beyond supply and prices skyrocket.

When you have a health issue you don't have a choice, you have to get it treated. Unless you live in an urban area you also don't have a choice of where you get treated. You don't have a choice on what gets done.

No, that is incidental and the result of our current heavily managed and essentially socialized in all but name system. You're using the results of over regulation/socialization as justification for more regulation.

From my own personal standpoint, the decreased cost of running my business by not having to shell out money for health insurance for my employees even with a subsequent increase in pay would be more than worth it for me personally. That cost is WAY more than what I'd pay in an increase in my own taxes. WAY more.

That's nice for you. Unfortunately someone will have to pay, and that means their money will have to be forcibly redirected and that means their savings are lower and/or the industries in which they otherwise would have spent that money see decreased demand and lower production.
 
If you remove profit there is no mechanism to efficiently allocate resources. They get misallocated and outright wasted over time. This leads to overall higher costs because attempts to align resources with demand trail price adjustments up the structure of production. Profit, that is residual income, is the result of temporarily underpriced factors of production. Meaning the company that makes the highest profit is the one that aligned its production schedule/resources with changing consumer demand before the price rise manifests in higher order goods. This leads to lower prices over time.

That's a nice excerpt from a textbook. Too bad it doesn't apply to healthcare. You really should go to Australia some time and check out the healthcare system there. It really is top notch. There are no demand issues and honestly I didn't see any waiting either last time I visited (friend and I were in a car accident in Sydney).

All demand is elastic. Perfectly inelastic demand means people will buy no matter the price.

Not quite correct. Inelastic demand means people will buy as long as THEY POSSIBLY CAN. Which is true in the case of healthcare. The only other option is death, which isn't an option.

This is demonstrably not the case. Unless of course you give them the legal power to force others to pay for what they want done, in which case demand rises well beyond supply and prices skyrocket.

So you're saying that people who can't afford the ridiculous prices of hospitals should be turned down? So let's say some little kid walking to school gets shot in a driveby. You're saying the hospital shouldn't treat him unless he can pay for it then and there. Sorry CDB that doesn't work. First off if you wait for payment in most emergency situations, that delay causes the person's death. That means you HAVE to treat immediately. That means poor folks are going to stiff hospitals. It's inevitable. They can't afford the bill and you can't get blood from a stone. Someone is going to pay for them. The current system though of handing it off doesn't work.

No, that is incidental and the result of our current heavily managed and essentially socialized in all but name system. You're using the results of over regulation/socialization as justification for more regulation.

Look, healthcare is probably the only industry I WANT regulation. I'm sorry but lack of regs means people die. It means doctor cut corners. It means hospitals do even more shady crap. It means the only people getting treated are people who can shell out the most dough. Demand for healthcare is NOT elastic, and there are too many LIFE AND DEATH risks associated with the industry to allow it to go unregulated. Just like prescription drugs. You shouldn't allow any company to put out any drug they want for treatment of whatever they want to say it is for. We had that, people died by the droves.

That's nice for you. Unfortunately someone will have to pay, and that means their money will have to be forcibly redirected and that means their savings are lower and/or the industries in which they otherwise would have spent that money see decreased demand and lower production.


The only losers are wealthy people with no emlpoyees (or employees they don't have to give health benefits to anyway) and health insurance companies. That's it. Hospitals fair better, doctors fair better, average Joe's fair better, and most of all business owners fair better. The increase in taxes, as I said, would be far less than the amount business owners currently pay for providing health insurance to their eomployees.

In case you didn't realize it, I'm in the top tax bracket. Less than 1% of America would be paying more taxes than me. I'd be hit the hardest by the tax increase universla healthcare would provide and yet I would STILL win out.

The losers would be the health insurance companies, which would diminish greatly and eventualy vanish almost entirely. Certainly their profits would be devastated in short order. The hospitals would LOVE it because they would be guaranteed payment. Doctors would love it for the same reason. Less hassle too.
 
That's a nice excerpt from a textbook. Too bad it doesn't apply to healthcare.

That's a nice excert from Marx. Unfortunately economic law applies to all goods and services.

You really should go to Australia some time and check out the healthcare system there. It really is top notch. There are no demand issues and honestly I didn't see any waiting either last time I visited (friend and I were in a car accident in Sydney).

You need to read up on time invariance. In smaller political units with small populations the defects inherrent in socialized medicine take longer to manifest, and perhaps can even be staved off if they can be exported a la Canada to the US. Since there is no perfectly socialized and no perfectly private health care system the situation is more complex and leads people, like you, into historicism.


Not quite correct. Inelastic demand means people will buy as long as THEY POSSIBLY CAN. Which is true in the case of healthcare. The only other option is death, which isn't an option.

Actually it's an inevitability so its status as an option is irrelevant. Perfect inelasticity, as I said, does not exist. Elasticity in real world circumstances is a function of supply related to demand and specifically to time. The immediate elasticity of any good or service is very high because supply increases only come in time. In order for inelasticity to remain over time there has to be a restriction on the increase in supply and available alternatives in the market. Otherwise the inelasticity itself leads to higher prices and returns in the short term, and that is exactly what causes resources to be shifted from other ends and allocated to increasing the supply in the relevant market. In order for inelasticity to remain, once more, that increase in supply has to be artificially stifled somehow. The incentive to shift resources has to be removed or the act itself somehow made illegal, or the cost of doing so has to be artificially raised to the point where the margins in the relative industry are squeezed so tight that there are still higher returns to be gotten elsewhere despite the high demand relative to supply.

So you're saying that people who can't afford the ridiculous prices of hospitals should be turned down?

No, I am saying hospitals need not be ridiculously priced. That is incidental to our current ****ed up and over regulated system. If the government institutes a set of rules that cause the prices of TVs to skyrocket you don't institute a welfare program to help people buy TVs as if it's some inevitable fact of life that they cost so much and/or that people have some God given right to own one. You deal with the underlying problem that caused the higher prices rather than using the results of a previous government **** up to justify another government **** up that will only make things worse.

So let's say some little kid walking to school gets shot in a driveby. You're saying the hospital shouldn't treat him unless he can pay for it then and there.

No, that is not what I'm saying. The idea that some type of incidental or emergency treatment other than our current system is impossible is pure bull****. You're conflating our current, government mandated emergency service as the only possible option for emergency service, and then saying because I'm against that I must want people to die in the street. That's a bit ridiculous, not to mention short sited and completely incorrect. You may as well suggest I'm for starvation because I'm against food stamps. Pure bull****.

The losers would be the health insurance companies, which would diminish greatly and eventualy vanish almost entirely. Certainly their profits would be devastated in short order. The hospitals would LOVE it because they would be guaranteed payment. Doctors would love it for the same reason. Less hassle too.

Actually there are doctors and hospitals refusing medicaid and medicare specifically because of lack of payment and the cost of compliance. So you are demonstrably wrong in our current socialized system.
 
That's a nice excert from Marx. Unfortunately economic law applies to all goods and services.

Nice attack on my character. If I were a Marxist I wouldn't have the money I do.

You need to read up on time invariance. In smaller political units with small populations the defects inherrent in socialized medicine take longer to manifest, and perhaps can even be staved off if they can be exported a la Canada to the US. Since there is no perfectly socialized and no perfectly private health care system the situation is more complex and leads people, like you, into historicism.

Meaningless statement. Australia is a big country. Many millions of people. You act like Australia is the state of Missouri.


Actually it's an inevitability so its status as an option is irrelevant. Perfect inelasticity, as I said, does not exist.

Which means there is no point in mentioning it. So don't.

Elasticity in real world circumstances is a function of supply related to demand and specifically to time. The immediate elasticity of any good or service is very high because supply increases only come in time. In order for inelasticity to remain over time there has to be a restriction on the increase in supply and available alternatives in the market.

Oh you mean like there only being a certain amount of physical space in an area? You know, space needed to build hospitals? yeah I'd say that's a bit of a restriction. Unless you've invented the friggin Dr. Who box or whatever it's called, we're not getting around that one.

Last I checked you can't get mail order emergency care or order your emergency care online. When you are incapacitated you go to whatever hospital they take you; you don't have ANY choice in the matter. When the consumer doesn't have a choice there's no elasticity.

Otherwise the inelasticity itself leads to higher prices and returns in the short term, and that is exactly what causes resources to be shifted from other ends and allocated to increasing the supply in the relevant market.

Unless of course you don't have any available real estate to build those new hospitals on...

In order for inelasticity to remain, once more, that increase in supply has to be artificially stifled somehow.

Artificially stiffled. Like perhaps by the laws of physics maybe? That whole you can't have 2 objects occupying the same space at the same time is a real *****. Damn Newton, he was such a commie.

The incentive to shift resources has to be removed or the act itself somehow made illegal, or the cost of doing so has to be artificially raised to the point where the margins in the relative industry are squeezed so tight that there are still higher returns to be gotten elsewhere despite the high demand relative to supply.

Healthcare so expensive people just die instead. Yep, 18000 do that every year here in the USA.


No, I am saying hospitals need not be ridiculously priced.

Ok so go tell them to lower their prices. See how that flies.

That is incidental to our current ****ed up and over regulated system.

Ah so it's all regulation that's made hospitals charge so much. Please explain whcih regulation. I'd love to know. Perhaps it's the one that states that they are not allowed to refuse emergency service. That's the only one I can think of that would ever result in pushing some people's costs onto other people's bills.

If the government institutes a set of rules that cause the prices of TVs to skyrocket you don't institute a welfare program to help people buy TVs as if it's some inevitable fact of life that they cost so much and/or that people have some God given right to own one.

EXCELLENT. Equating TVs to life. Yeah I'm not really seeing that one. The right to live is kinda a bigger deal.

You deal with the underlying problem that caused the higher prices rather than using the results of a previous government **** up to justify another government **** up that will only make things worse.

Price increases happened when the government took away nearly all the regulations regarding insurance companies allowing the formation of HMOs.

No, that is not what I'm saying. The idea that some type of incidental or emergency treatment other than our current system is impossible is pure bull****.

By all means explain your magical emergency system that doesn't involve red tape, treats everyone, and doesn't bankrupt everyone that enters. Please do.

You're conflating our current, government mandated emergency service as the only possible option for emergency service, and then saying because I'm against that I must want people to die in the street.

No I'm saying hospitals should never be allowed to deny someone emergency treatment. That's what I'm saying. By not denying anyone, that means that SOME WILL NOT BE ABLE TO PAY. End of story. Try as you might some are just flat out broke. A lot are. Tons are. Most victims or violent crime in urban areas are.

That's a bit ridiculous, not to mention short sited and completely incorrect. You may as well suggest I'm for starvation because I'm against food stamps. Pure bull****.

False analogy again. I'm saying hospitals should not be able to deny people emergency care no matter their financial system. Because that means a large number won't pay, it will also means that money has to come from somewhere. Without some form of regulation, it means the average Joe. Unless you want regulation saying hospitals just have to "suck it up." They are going to pass that cost on to thsoe who CAN pay. That's just how it works. I can tell you don't run a business. You're all theory and no reality.

Actually there are doctors and hospitals refusing medicaid and medicare specifically because of lack of payment and the cost of compliance. So you are demonstrably wrong in our current socialized system.

Medicare and Medicaid are not socialized medicine. They are outsourced to private entities which is why they deny claims so often.
 
Plus there's the other issue of elasticity. Healthcare costs are NOT elastic.

wrong. health care costs are elastic. reseach is important my friend.

"The only relevant test of the validity of a hypothesis is comparison of prediction with experience."- milton friedman

"A RAND Corporation study of the relationship between the cost of medical treatment and the demand for it found that the elasticity factor (the percentage change in the amount of services purchased divided by the percentage change in price) for healthcare services was -2. This means that a 10 percent increase in healthcare costs will reduce utilization by 2 percent."


"Another study, by the National Bureau of Economic Research, indicated that the elasticity of healthcare services demand may be even higher. This study analyzed the potential effect on national healthcare costs of a change from traditional indemnity plans and HMOs, to a health insurance plan that featured a 50 percent copayment and an out-of-pocket limit of 10 percent of
the insured's income."


Invalid Link Removed
 
Nice attack on my character. If I were a Marxist I wouldn't have the money I do.

It has nothing to do with your character and everything to do with your implicit claim that medical care is magically immune from market forces. It is not.

Meaningless statement. Australia is a big country. Many millions of people. You act like Australia is the state of Missouri.

Millions as compared to billions, and in tightly packed areas. The more relevant point is that the smaller the political unit the more open trade tends to be by necessity. The more trade, the more business, the more wealth to draw on to support such a program. The larger the political unit the more attractive a policy of autocracy and restrictive trade becomes, especially if there is a large population and a lot of natural resources to draw on.

Which means there is no point in mentioning it. So don't.

I didn't, you did, and in the context of a ridiculous false dilema argument about letting people die in the streets. As if the only options were that or socialized medicine. Because it would obviously be impossible for anyone to plan ahead for such emergency services without the good hand of papa government guiding them to do so.

Oh you mean like there only being a certain amount of physical space in an area? You know, space needed to build hospitals? yeah I'd say that's a bit of a restriction. Unless you've invented the friggin Dr. Who box or whatever it's called, we're not getting around that one.

Why is a modern hospital the only option? The world is not limited by your vision of what's possible, necessary, and/or desirable. Delis don't seem to have trouble finding space. Nor do malls, law firms, banks, etc., all of which are abundant in urban areas. Again you are simply wrong and whether you know it or not looking at the current state of affairs as the only possible option.

Last I checked you can't get mail order emergency care or order your emergency care online. When you are incapacitated you go to whatever hospital they take you; you don't have ANY choice in the matter. When the consumer doesn't have a choice there's no elasticity.

That is the way it is now. Once more you are using the result of the current over regulated ****ed up system as an argument for more regulation and ****ed uppedness. It's more than a little nonsensical. As an analogue, auto insurance companies develop networks of mechanics/garages, towing services, and body shops that their customers can use, or which they can be referred to in an emergency when needed. I'm absolutely sure it would be totally impossible for health insurance companies, hospitals, doctors, surgeons, emergency care providers, etc. to work something similar out without a government mandate to do so... Yes. Absolutely impossible. Not a chance in hell, because medical care is magically immune to the market forces that make such arrangements advantageous.

Unless of course you don't have any available real estate to build those new hospitals on...

See above. No one else who is willing to pay for real estate seems to have trouble finding any.

Artificially stiffled. Like perhaps by the laws of physics maybe?

Or perhaps by leaving the construction of new hospitals in the hands of the government, in which case politics and bureacracy determine the course of events. Or perhaps by demanding all hospitals meet certain criteria, upping the cost of entry into the market and making it harder to establish specialized care centers. Once more, banks, delis, supermarkets, law firms, travel agencies, malls, etc., and any other business willing to pay for real estate seems to be able to find it. Gee, must be a miracle or something.:rolleyes:

Healthcare so expensive people just die instead. Yep, 18000 do that every year here in the USA.

Your response makes no sense considering the quote of mine it follows. However, once more, there is nothing inherrent in health care that means it must be expensive.

Ok so go tell them to lower their prices. See how that flies.

Find basic economics text, look up price formation. Read.

Ah so it's all regulation that's made hospitals charge so much. Please explain whcih regulation.

As an example third party payment, especially through medicare/medicaid. With regular insurance, such as homeowners, you pay a certain amount for a certain coverage. In medical insurance you pay a certain amount and the insurer pays for damn near whatever the doctor orders. As long as someone else is paying lets get all the tests possible.

There are also other laws that raise the price of insurance, such as forced coverage for certain things and disallowances of price discrimination for higher risk people. For example in Connecticut insurance companies are not allowed to charge higher premiums based on race, previous history with certain diseases like cancer, etc., all of which intefere with proper risk tiering and cause higher prices all around by forcing everyone to shoulder the cost of higher risk individuals. In many states also there is mandatory coverage for drug counseling and similar programs, whether people want it or not. This also raises the price of insurance.

But I guess that's all irrelevant because health care is magically immune to market forces...

I'd love to know. Perhaps it's the one that states that they are not allowed to refuse emergency service.

Yes, that is one such law. One of my best friends is a nurse and since they are not allowed to refuse emergency service people go to the ER to deal with ear aches and particularly nasty hang nails. In other words, and try and stay with me on this one because I know it's soooo hard to grasp, if you price something below market or make it essentially free to all, demand goes up relative to supply, which means prices go way the **** up.

EXCELLENT. Equating TVs to life. Yeah I'm not really seeing that one. The right to live is kinda a bigger deal.

You have a right to live. You do not have a right to live on someone else's dime. And, if you understood basic economics rather than subscribing to this new age pseuod Marxist magical thinking which you apparently favor, you would realize that the marginal nature of choices applies to all goods and services.

Price increases happened when the government took away nearly all the regulations regarding insurance companies allowing the formation of HMOs.

That would be interesting indeed if the government actually deregulated the health care market. They never did. They reregulated it, which is not the same thing and does not have the same result. HMOs are the logical result, the embodiment of the pseudo rationing predicted when the government first started to nationalize the industry. HMOs formed in the early part of last century as prepaid health plans. The HMO act of 1974 gave them legal privielege as the favored type of health plan through access to grants and easy money, and forced employers to offer such plans as an option.

By forcing the hands of employers and employees (gee, prepay a little now and almost never have to pay out of pocket again or pay out of pocket...) guess what happens? You artifically distort the market. Which all goes back to the original move toward nationaliztion in this country when just over half the medical schools were shut down after the Flexner Report was issued and the AMA given virtual control over the supply of doctors. Prices went up after that move too.

By all means explain your magical emergency system that doesn't involve red tape, treats everyone, and doesn't bankrupt everyone that enters. Please do.

The strength of the market is that I don't have to. It's called the division of labor. It's a bit ridiculous to ask someone who is arguing against central planning for a central plan. I don't know how to construct or run a deli, a bookstore, a super market, a law firm, a bank, a shopping mall, etc., either. I guess it's just magic that they came into existence without a government bureaucrat overseeing everything from start to finish.

No I'm saying hospitals should never be allowed to deny someone emergency treatment.

Then you will increase demand relative to supply and prices will go up. Live with it and stop whining or don't do it.

That's what I'm saying. By not denying anyone, that means that SOME WILL NOT BE ABLE TO PAY. End of story. Try as you might some are just flat out broke. A lot are. Tons are. Most victims or violent crime in urban areas are.

And? Where is it written you have the right to medical care? It is not a right, it is a service someone else is free to provide voluntarily, nothing more. Neither you, nor I, nor anyone else has a right to it because that means we have a right to someone else's time and effort.

False analogy again. I'm saying hospitals should not be able to deny people emergency care no matter their financial system. Because that means a large number won't pay, it will also means that money has to come from somewhere. Without some form of regulation, it means the average Joe. Unless you want regulation saying hospitals just have to "suck it up." They are going to pass that cost on to thsoe who CAN pay. That's just how it works. I can tell you don't run a business. You're all theory and no reality.

Well, if you define reality as ignoring the cause of the current massive cost of health care then yes. In reality though what you are guilty of is temporal provincialism. As things are now, so they must be now and forever... Nothing in the past caused the high price of medical care, it's magic, and magically divorced from the laws of the market that have allowed the supply of even the most technologically advanced goods and services to proliferate like weeds and their prices to fall...

In reality the medical care industry is massively regulated, hugely inefficient, and legislatively cut off from the very market forces that would serve to lower costs and prices so the average joe could afford it on his own.

Medicare and Medicaid are not socialized medicine.

This statement is blatantly assinine.

They are outsourced to private entities which is why they deny claims so often.

Government outsourcing is not the free market, it is just the outsourcing of a government **** up. Hiring a 'private' contractor to carry out the program doesn't make it any less socialized because it is the framework in which the operation takes place that matters. Funding is still a matter of individual compulsion and not consumer choice.
 
wrong. health care costs are elastic. reseach is important my friend.

"The only relevant test of the validity of a hypothesis is comparison of prediction with experience."- milton friedman

"A RAND Corporation study of the relationship between the cost of medical treatment and the demand for it found that the elasticity factor (the percentage change in the amount of services purchased divided by the percentage change in price) for healthcare services was -2. This means that a 10 percent increase in healthcare costs will reduce utilization by 2 percent."


"Another study, by the National Bureau of Economic Research, indicated that the elasticity of healthcare services demand may be even higher. This study analyzed the potential effect on national healthcare costs of a change from traditional indemnity plans and HMOs, to a health insurance plan that featured a 50 percent copayment and an out-of-pocket limit of 10 percent of
the insured's income."


Invalid Link Removed


That "elasticity" is a bogus number because the people that are dropping them are the ones that can no longer afford healthcare PERIOD.

Plus it is talking about the elasticity of the cost of insurance, not hospital bills. As I said before, people can't "chose" not to go to the hospital for emergency care.


I've seen some of the other articles that guy wrote. He's full of bad ideas. For example he thinks large negotiating entities like entire countries can't get better deals on prescription drugs than private companies can. I guess he's ignoring the tiny profit margins drug companies get in Europe because entire countries negotiate the prices there. When the government negotiates a price they have the greatest power of all: accept our price or you can't sell to anyone. It's not fair but it sure as heck gets the best price. What a dumbass.
 
That "elasticity" is a bogus number because the people that are dropping them are the ones that can no longer afford healthcare PERIOD.

Yeah, that's kind of how it works. The price goes up and people gradually stop buying either by choice or necessity because other choices take precedence.

Plus it is talking about the elasticity of the cost of insurance, not hospital bills. As I said before, people can't "chose" not to go to the hospital for emergency care.

I have several relatives who refused service because they wanted to die in peace, not hooked up to machines and hoses galore in an effort to squeeze every last second of life out of their bodies. Life, like all other things, is a choice. The government can't make you immortal, nor can it magically overturn the laws of economics and make a scarce resource, medical care, suddenly abundant and free like the air.

Edit: I myself have a standing DNR and 'pull the plug' arrangement in my living will or whatever the hell it is. If I'm out, I'm out. My choice. Strange how marginal choices apply to everything, even life...
 
Yeah, that's kind of how it works. The price goes up and people gradually stop buying either by choice or necessity because other choices take precedence.

Once again you espouse the belief that poor people shouldn't be privy to medical care and that poor people should be rejected at emergency rooms.


I have several relatives who refused service because they wanted to die in peace, not hooked up to machines and hoses galore in an effort to squeeze every last second of life out of their bodies. Life, like all other things, is a choice.

Not always. In fact quite often not a choice. Kid gets mugged in an alley and found unconcious and bleeding to death. He's taken to the hospital. Where was his choice?

Woman collapses in a supermarket and taken to the hospital. Where was her choice?

Man gets into a car accident and taken to the hospital unconcious. Where was his choice?

Heck, I was in a car accident when I was just 18 years old. I hit my head but I felt ok. I wasn't exactly swimming in money and neither were my folks. I think the deductible on my insurance had something like a $1000 deductible which wasn't peanuts to us at the time. I couldn't afford that $1000 bucks and my parents had always been the "you pay for it yourself" types. But the EMTs that showed up said because I hit my head "I was not of sound mind and couldn't make the decision for myself." Cost to me? Yep, $1000. Took me 2 years to pay it off and shot my credit to ****. I rebounded. Many don't. Where was my choice?

See where I'm getting? You keep going on about choice when for a very very large number of cases IT DOESN'T EXIST. Healthcare is a very special case.

The government can't make you immortal, nor can it magically overturn the laws of economics and make a scarce resource, medical care, suddenly abundant and free like the air.

There are no "laws" of economics. Only observed theoretical trends which more wishy washy than psychology is because ultimately economic reality is actually based on human decision making which is about as unscientific and inexact as it gets.

No one is asking for immortality. You're playing at a false dilemma here. You act like you either get immortality or no medical care at all. What's worse is you completely ignore the lack of choice involved in medical care. The choices that do exist aren't chocies either. The following are not choices:

1) Do you want to die painfully from third degree burns, or do you want to be treated and survive?

2) Do you want to bleed to death on the pavement of a major highway or do you want to be treated and survive?

3) Do you want to die painfully as your body attacks itself or would you like to be treated and suffer little to no pain and maybe not even die?

Yeah those are real choices. Hey how abotu this for an equally retarded chocie?

Which would you prefer, that I kick you in the nuts really hard or that I not? Yeah some choice.
 
Once again you espouse the belief that poor people shouldn't be privy to medical care and that poor people should be rejected at emergency rooms.

No, once more you conflate the statement that no one should be forced to pay for anyone else's medical care as the above, and proceed to make further assumptions. There is a reason why 'poor' people can generally afford food, clothing, shelter, cars, computers, televisions and other such goods and services. It's because market forces have served to increase their supply and that increased wealth benefitted everyone, even the poor. Especially the poor, who enjoy a standard of living today in many ways well beyond what kings enjoyed not two centuries ago.

So, the question is what has stopped those same forces from working on medical care? You can either assume, like you, that there is something magical about health care that makes it immune to the market forces which apply to every other good and service on the planet, or look for how some people, usually the government and/or special interest groups, are confounding those forces.

Not always. In fact quite often not a choice. Kid gets mugged in an alley and found unconcious and bleeding to death. He's taken to the hospital. Where was his choice?

Nothing. There is risk in life and you're not guaranteed to live forever. Deal with it.

Woman collapses in a supermarket and taken to the hospital. Where was her choice?

She had the choice to purchase insurance beforehand to make sure that, should she collapse, or be in a car accident, or have a heart attack or whatever, she would be taken care of in accordance with her wishes.

Man gets into a car accident and taken to the hospital unconcious. Where was his choice?

See above.

Heck, I was in a car accident when I was just 18 years old. I hit my head but I felt ok. I wasn't exactly swimming in money and neither were my folks. I think the deductible on my insurance had something like a $1000 deductible which wasn't peanuts to us at the time.

Then why did you have it?

I couldn't afford that $1000 bucks and my parents had always been the "you pay for it yourself" types. But the EMTs that showed up said because I hit my head "I was not of sound mind and couldn't make the decision for myself." Cost to me? Yep, $1000. Took me 2 years to pay it off and shot my credit to ****. I rebounded. Many don't. Where was my choice?

Taken away from you. Now you might want to ask who it was that gave them the legal power to make such a decision for you. It was the government, wanting to 'help' people who might not know better or be in a condition to make such a decision, who empowered those EMTs to make that decision for you, and then likewise to bill you for it.

Of course had they been right you'd likely be praising that state of affairs for saving your life. But you can't have your cake and eat it too.

See where I'm getting? You keep going on about choice when for a very very large number of cases IT DOESN'T EXIST. Healthcare is a very special case.

No, it isn't. That's what you don't get. People want it to be special. They come up with a myriad of BS reasons why it 'should' be special. It isn't. It's like any other choice you make.

There are no "laws" of economics. Only observed theoretical trends which more wishy washy than psychology is because ultimately economic reality is actually based on human decision making which is about as unscientific and inexact as it gets.

Wrong. But it is at least refreshing to have someone admit that you need to ignore centuries worth of advancement in economic learning and scholarship for their BS arguments to make sense.

No one is asking for immortality. You're playing at a false dilemma here. You act like you either get immortality or no medical care at all. What's worse is you completely ignore the lack of choice involved in medical care. The choices that do exist aren't chocies either.

If people have the right to live then by definition death is a violation of that right. It also means they have a right to any and all medical services to keep them alive at any and all cost regardless of the ability to pay for such services. Those are just basic derrivations of a right to live as you imply it, meaning a 'right' to medical care provided by someone else, whether voluntarily or involuntarily. A point you seem to miss. Medical care doesn't grow on trees, but if one has a right to it then one has the right to force someone else to provide it regardless of compensation for their time and expertise. That's called slavery.

The following are not choices:

1) Do you want to die painfully from third degree burns, or do you want to be treated and survive?

If I don't I can make sure my insurance covers such an instance so I don't have to die.

2) Do you want to bleed to death on the pavement of a major highway or do you want to be treated and survive?

Same.

3) Do you want to die painfully as your body attacks itself or would you like to be treated and suffer little to no pain and maybe not even die?

Same.

Which would you prefer, that I kick you in the nuts really hard or that I not? Yeah some choice.

I'd like to see you try. I can understand how being so blatantly wrong and being shown up so easily as being so blatantly wrong might piss one off, but the problem then resides in you and the need to revise your nonsensical thought processes until they start to mirror reality on some level. That aside, physical threats are not allowed on these forums and you might want to modify your post and either admit your position is bs and indefensible like a gentlemen or just plain bow out of the discussion.
 
That "elasticity" is a bogus number because the people that are dropping them are the ones that can no longer afford healthcare PERIOD.

Plus it is talking about the elasticity of the cost of insurance, not hospital bills. As I said before, people can't "chose" not to go to the hospital for emergency care.


I've seen some of the other articles that guy wrote. He's full of bad ideas. For example he thinks large negotiating entities like entire countries can't get better deals on prescription drugs than private companies can. I guess he's ignoring the tiny profit margins drug companies get in Europe because entire countries negotiate the prices there. When the government negotiates a price they have the greatest power of all: accept our price or you can't sell to anyone. It's not fair but it sure as heck gets the best price. What a dumbass.

I wasnt quoting him. i was quoting the studies. If you want to know how elasticity works re-read CDB's posts becuase he is spot on.


government price controls are not the way to go. In Britain, for example, two new drugs for kidney cancer are being denied to cancer sufferers because they're too expensive, according to news reports. The Canadian government also refuses to purchase newer drugs until they've been on the market for years. From 1997 to 1999, for instance, 100 drugs were introduced in America, while only 43 of those drugs became available in Canada. These shortages directly affect a nation's quality of care. Consider cancer. In the United States, the survival rate is 90 percent for patients diagnosed with Stage I colon cancer. In Britain, it's just 70 percent. For American women diagnosed with Stage I breast cancer, 97 percent are still alive after five years. In Britain, it's only 78 percent. Indeed, when adjusted for age, U.S. cancer deaths have fallen 1 percent per year since 1991. The data show that if you are sick, the United States is where you want to be. We spend more in this country on health care, and we get more medical care as a result. governmental price controls will only hinder medical investment and we all only suffer as a consequence.
 
governmental price controls will only hinder medical investment and we all only suffer as a consequence.

Nah, health care is magic. All we need is for Al Gore to come forth in shining robes and say, "Let there be health care for all!" and it will magically happen. Then He can spend the rest of the week cleansing the atmosphere of His carbon footprint and will all energy sources to be nonpolluting, and then rest on the seventh day.
 
No, once more you conflate the statement that no one should be forced to pay for anyone else's medical care as the above, and proceed to make further assumptions. There is a reason why 'poor' people can generally afford food, clothing, shelter, cars, computers, televisions and other such goods and services. It's because market forces have served to increase their supply and that increased wealth benefitted everyone, even the poor. Especially the poor, who enjoy a standard of living today in many ways well beyond what kings enjoyed not two centuries ago.

So, the question is what has stopped those same forces from working on medical care? You can either assume, like you, that there is something magical about health care that makes it immune to the market forces which apply to every other good and service on the planet, or look for how some people, usually the government and/or special interest groups, are confounding those forces.

I don't see you answering any of those questions.

Nothing. There is risk in life and you're not guaranteed to live forever. Deal with it.

Someone pays for it. THAT is my point. He didn't have a choice whether or not to go to the hospital. They just took him. They treated him. If he can't afford it the hospital isn't just going to eat the cost they are going to pass it one. Once again you are showing you have very poor business knowledge.


She had the choice to purchase insurance beforehand to make sure that, should she collapse, or be in a car accident, or have a heart attack or whatever, she would be taken care of in accordance with her wishes.

See above.


See above.

Ditto, you keep missing my points and making straw men.


Then why did you have it?

Required by law. Got the cheapest kind of insurance because I couldn't afford more expensive insurance.

Taken away from you. Now you might want to ask who it was that gave them the legal power to make such a decision for you. It was the government, wanting to 'help' people who might not know better or be in a condition to make such a decision, who empowered those EMTs to make that decision for you, and then likewise to bill you for it.

The bill me for it is the part that isn't fair. if I'm not making the decision then I'm not responsible for the bill either. BUT someone has to pay for it. Thus if I didn't the hospital would pass on the cost to others.

Of course had they been right you'd likely be praising that state of affairs for saving your life. But you can't have your cake and eat it too.

Have my cake and eat it too?! YOU ARE THE ONE TALKING ABOUT CHOICE! You keep going on and on about how people have a choice when they frequently don't. You talk about how they have a choice of whether or not to be insured when they frequently don't.

If someone can't afford insurance or CAN'T get insurance (most pre-existing conditions will get you rejected) or their insurance refuses a claim, and they get incapacitated; they don't get a choice whether or not to go to the hospital. They then cannot pay the bill and the costs get passed on. This is NOT an elastic system we're talking about here.

The ONLY way healthcare could be elastic is if hospitals got paid or were guarnateed payment first before treating and were allowed to reject patients based on economics under all circumstances. And if you think that would be super cool and alright you're even more of a sick twisted heartless **** than me.

No, it isn't. That's what you don't get. People want it to be special. They come up with a myriad of BS reasons why it 'should' be special. It isn't. It's like any other choice you make.

Wow, agin with the choices, despite showing you all the times you don't have a choice. Do you actually believe the crap you type at this point or are you just playing the "free markets are teh shizz0r" role for kicks and giggles? Are you capable of making a rational judgement on something or are you really just the crazy extremist you are coming across as?

Wrong. But it is at least refreshing to have someone admit that you need to ignore centuries worth of advancement in economic learning and scholarship for their BS arguments to make sense.

There are no LAWS of economics. That's like saying there's a LAW of human behavior. Economic systems like humans, never behave 100% according to plan.

Oh but hey, I'll take the opinion of a kid who reads textbooks and ignores the real world over my own opinion. Nevermind that I've been running a successful business that employs over a thousand people. No I have no idea how to run a company. I have no idea how business works and how economics works. Tell me then, if you know everything there is about economics and you're so much more learned than I why am I the one creeping up on the 10 figure mark and not you?

If people have the right to live then by definition death is a violation of that right. It also means they have a right to any and all medical services to keep them alive at any and all cost regardless of the ability to pay for such services. Those are just basic derrivations of a right to live as you imply it, meaning a 'right' to medical care provided by someone else, whether voluntarily or involuntarily. A point you seem to miss. Medical care doesn't grow on trees, but if one has a right to it then one has the right to force someone else to provide it regardless of compensation for their time and expertise. That's called slavery.

Semantic bull**** arguments. I never denied someone has to pay. The question is, which system provides the best care to the MOST PEOPLE for the LOWEST COST. Answer: not private.

If public healthcare is so expensive why do Americans pay so much more for it per capita? If public healthcare sucks so bad then how come 18000 Americans die every year due to lack of coverage? I guess you find that acceptable. How many 9/11's is that? 3? 4? Every friggin year.

If I don't I can make sure my insurance covers such an instance so I don't have to die.

And if that isn't an option? If you don't have the money for it?


Read above


Read above


I'd like to see you try. I can understand how being so blatantly wrong and being shown up so easily as being so blatantly wrong might piss one off, but the problem then resides in you and the need to revise your nonsensical thought processes until they start to mirror reality on some level. That aside, physical threats are not allowed on these forums and you might want to modify your post and either admit your position is bs and indefensible like a gentlemen or just plain bow out of the discussion.

Listen, I'm the one successfully operating in the real world why you sit there with your textbooks. You can talk about reality all you want but I'm not seeing any of it coming from you? As I said, if you're such an economic guru where are your hundreds of millions? Where's all your money if you know the real world so much better than I?

Put up or shut up.
 
I wasnt quoting him. i was quoting the studies. If you want to know how elasticity works re-read CDB's posts becuase he is spot on.


government price controls are not the way to go. In Britain, for example, two new drugs for kidney cancer are being denied to cancer sufferers because they're too expensive, according to news reports. The Canadian government also refuses to purchase newer drugs until they've been on the market for years. From 1997 to 1999, for instance, 100 drugs were introduced in America, while only 43 of those drugs became available in Canada. These shortages directly affect a nation's quality of care. Consider cancer. In the United States, the survival rate is 90 percent for patients diagnosed with Stage I colon cancer. In Britain, it's just 70 percent. For American women diagnosed with Stage I breast cancer, 97 percent are still alive after five years. In Britain, it's only 78 percent. Indeed, when adjusted for age, U.S. cancer deaths have fallen 1 percent per year since 1991. The data show that if you are sick, the United States is where you want to be. We spend more in this country on health care, and we get more medical care as a result. governmental price controls will only hinder medical investment and we all only suffer as a consequence.

WRONG! Mostly, wrong. New drugs are available in Canada. Fortunately, Canada is not a part of the US and has its own drug regulatory system. Just because a drug is approved in the US does not mean it is the best drug on the market. And, doctors can prescribe expirimental drugs as part of a study...that is how I got enbrel for free several years ago, and with the data collected in the study, a link between MS and enbrel was found. A link that the USA FDA DID NOT KNOW ABOUT!

As for cancer rates, there are other varibables such as sunlight and vitamin D etc. etc. etc.
 
I don't see you answering any of those questions.

Then you are illiterate, as I mentioned several examples already of laws/policies that cause prices to rise by either restricting available supply (AMA control over supply of doctors, licensing of medical schools, etc.) or by artificially increasing demand ('free' service, third party payment, etc.). Now, until you actually name the magical property of health care that makes it immune to market forces I think I'll just chime in to make fun of you.

Someone pays for it. THAT is my point. He didn't have a choice whether or not to go to the hospital. They just took him. They treated him. If he can't afford it the hospital isn't just going to eat the cost they are going to pass it one. Once again you are showing you have very poor business knowledge.

Once more using current examples to discredit alternatives. You really should learn to think more clearly.

See above.

Irrelevant.

Ditto, you keep missing my points and making straw men.

Quite the opposite, you keep denying the reality of how economies work by claiming health care is immune to the laws of markets.

Required by law. Got the cheapest kind of insurance because I couldn't afford more expensive insurance.

Required by law. What a perfect example of a market failure... :rolleyes:

The bill me for it is the part that isn't fair. if I'm not making the decision then I'm not responsible for the bill either. BUT someone has to pay for it. Thus if I didn't the hospital would pass on the cost to others.

If you understood marginal utility you'd know it's impossible to pass the cost on to others unless they are legally forced to pay. Gee, there's that pesky government again messing things up...

Have my cake and eat it too?! YOU ARE THE ONE TALKING ABOUT CHOICE! You keep going on and on about how people have a choice when they frequently don't. You talk about how they have a choice of whether or not to be insured when they frequently don't.

And you're the one ignoring that it's the government denying them that choice, likely so you can propose the government as the solution to the problem the government has created.

If someone can't afford insurance or CAN'T get insurance (most pre-existing conditions will get you rejected) or their insurance refuses a claim, and they get incapacitated; they don't get a choice whether or not to go to the hospital.

Wrong. NOW they don't have a choice. We are talking about ALTERNATIVES to the current system here, Spike. You might want to clue into that.

They then cannot pay the bill and the costs get passed on. This is NOT an elastic system we're talking about here.

All systems are elastic unless the government comes in and forces inelasticity for whatever reason, usually to jack up prices in favor of some special interest or another.

The ONLY way healthcare could be elastic is if hospitals got paid or were guarnateed payment first before treating and were allowed to reject patients based on economics under all circumstances.

Wow, you're actually catching on.

And if you think that would be super cool and alright you're even more of a sick twisted heartless **** than me.

Do I think it's right that people shouldn't be forced to provide services for others? Yup. Sounds perfectly reasonable to me. Your not guaranteed anything but opportunity in this world. If you don't have the forethought to take care of your own medical care and then a problem hits, you just may well be ****ed unless you can find a generous charity. Yes.

If you want free medical care for some then stop whining and deal with the problems that come with it, plain and simple. That is where you can't have your cake and eat it too.

There are no LAWS of economics. That's like saying there's a LAW of human behavior. Economic systems like humans, never behave 100% according to plan.

You are wrong. Law of demand. Look it up.

Oh but hey, I'll take the opinion of a kid who reads textbooks and ignores the real world over my own opinion. Nevermind that I've been running a successful business that employs over a thousand people. No I have no idea how to run a company. I have no idea how business works and how economics works. Tell me then, if you know everything there is about economics and you're so much more learned than I why am I the one creeping up on the 10 figure mark and not you?

Congratulations. Since of course no such thing is provable on the net I guess we'll just have to rely on the soundness of our arguments. To be blunt you don't know me, I may be richer than Bill Gates for all you know. So how about you support your views and stop flashing your imaginary money around? Yes, I admit, I have the temerity to actually read them things called books to try and get my learn on. Pity me for my arrogance. Wheras you, after earning a 10 figure income come on the internent and with verbal guile and cunning attempt to outwit people on the AM message boards. :rolleyes:

Semantic bull**** arguments. I never denied someone has to pay. The question is, which system provides the best care to the MOST PEOPLE for the LOWEST COST. Answer: not private.

Since our system is not private might you point out the private system on which you base this claim?

If public healthcare is so expensive why do Americans pay so much more for it per capita? If public healthcare sucks so bad then how come 18000 Americans die every year due to lack of coverage? I guess you find that acceptable. How many 9/11's is that? 3? 4? Every friggin year.

Because there is a morass of regulation that is default nationalization of our health care industry, of which apprently everyone is aware but the clueless 10 figure earning bracket.

Listen, I'm the one successfully operating in the real world

Yeah, and I'm in Narnia. No wait, I'm in Middle Earth. Middle Earth is much more fun with the hobbits and all. Whenever someone brings 'the real world' into the arguments it actually means someone has pointed something out about the actual real world they don't like, and must therefore retreat into a coccoon whereby they claim victory in the argument because of their claimed but unprovable success in a completely unrelated field in the narrow purview of their personal sphere of influence. Since you seem to be denying even basic economics like marginal utility you are probably dellusional. Either way there's not much point in talking to you anymore.
 
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WRONG! Mostly, wrong. New drugs are available in Canada. Fortunately, Canada is not a part of the US and has its own drug regulatory system. Just because a drug is approved in the US does not mean it is the best drug on the market. And, doctors can prescribe expirimental drugs as part of a study...that is how I got enbrel for free several years ago, and with the data collected in the study, a link between MS and enbrel was found. A link that the USA FDA DID NOT KNOW ABOUT!

As for cancer rates, there are other varibables such as sunlight and vitamin D etc. etc. etc.

nope i am right. this is basic finance 101 (so basic its common sence, well should be)... The fact is, there is only a limited amount of drugs that can be supplied at price-controlled levels worldwide. Europeans and Canadians are able to get quality drugs at lower prices only because Americans pay free-market prices that fuel research and development. high level of pharmaceutical R&D ultimately depends on revenues: Cut drug-company revenues, and you cut R&D. Government price controls are already shortchanging Europeans and Canadians. They have led to a decline in investment, with venture capitalists investing 15 times more in biotech companies in America than they do in the same number of European firms. Health systems and consumers must also spend more to treat chronic illness there because they don’t get new medicines as quickly or as widely as we do. German and British patients, for example, are less likely to receive new cancer drugs than Americans.
 
nope i am right. this is basic finance 101 (so basic its common sence, well should be)... The fact is, there is only a limited amount of drugs that can be supplied at price-controlled levels worldwide. Europeans and Canadians are able to get quality drugs at lower prices only because Americans pay free-market prices that fuel research and development. high level of pharmaceutical R&D ultimately depends on revenues: Cut drug-company revenues, and you cut R&D. Government price controls are already shortchanging Europeans and Canadians. They have led to a decline in investment, with venture capitalists investing 15 times more in biotech companies in America than they do in the same number of European firms. Health systems and consumers must also spend more to treat chronic illness there because they don’t get new medicines as quickly or as widely as we do. German and British patients, for example, are less likely to receive new cancer drugs than Americans.

"nope i am right. this is basic finance 101 (so basic its common sence, well should be)... The fact is, there is only a limited amount of drugs that can be supplied at price-controlled levels worldwide."


WRONG AGAIN! If the drug companies were not making money selling to Canada, than they wouldnt sell to Canada. We are paying market price BTW, just a significantly lower maket price due to subsidizing.

And, as for research in the US, well, there will always be more research in the US, its the biggest economy in the world. The question is, where will the future of medicine (stem cell research) take place?
 
Nah, health care is magic. All we need is for Al Gore to come forth in shining robes and say, "Let there be health care for all!" and it will magically happen. Then He can spend the rest of the week cleansing the atmosphere of His carbon footprint and will all energy sources to be nonpolluting, and then rest on the seventh day.

this is the main reason i dont like socialized health care. its like, dont short change my life because some people dont know wha the words "personal responsibitly" mean. on a personal note, my mother was diagnosed with breast cancer just last year and im glad that we have the "37th ranked" system that we have. she was treated and after 1 month, cured. its hard to think that if i lived in great britian she would have been 7 times more likely to die than here. thats scary stuff.
 
this is the main reason i dont like socialized health care. its like, dont short change my life because some people dont know wha the words "personal responsibitly" mean. on a personal note, my mother was diagnosed with breast cancer just last year and im glad that we have the "37th ranked" system that we have. she was treated and after 1 month, cured. its hard to think that if i lived in great britian she would have been 7 times more likely to die than here. thats scary stuff.


Britain is a lousy comparison though. You do realize the US isn't at the top of industrialized nations either for average life span or standard of living, right?


Britain actually ranks above the US in life expectancy according to one source I've found:

Invalid Link Removed


Though I've seen other sources that rank it well below. Depends on the year of course.
 
There are thousands, yes thousands of types of Breast Cancer. You cannot compare something as general as breast cancer between to geographically significantly separate countries.
 
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