Monday, July 26, 2010

Promises, Promises

Perhaps the only consistent thing about Britain’s socialized health care system is that it is in a perpetual state of flux, its structure constantly changing as governments search for the elusive formula that will deliver the best care for the cheapest price while costs and demand escalate.

The plan would also shrink the bureaucratic apparatus, in keeping with the government’s goal to effect $30 billion in “efficiency savings” in the health budget by 2014 and to reduce administrative costs by 45 percent. Tens of thousands of jobs would be lost because layers of bureaucracy would be abolished.

The government has promised that the new plan will not affect patient care and that the health care budget will not be cut. But some experts say those assertions are misleading. The previous government, controlled by the Labour Party, poured money into the health service — the budget is now about three times what it was when Labour took over, in 1997 — but the increases have stopped. The government has said the budget will continue to rise in real terms for the next five years, but it is unlikely that the increases will keep up with the rising costs of care and the demands of an aging population. (New York Times, 7/25/10, selective excerpts)

Wonder if the Brits were also promised better health care at a lower cost……

Do as I say
Treasury Secretary Timothy Geithner on Sunday disputed claims that allowing a portion of the Bush tax cuts to expire will choke economic growth, saying the government needs to do the "responsible" thing and show the world it is capable of tackling the deficit. (FoxNews.com, 7/25/10)

Geithner has not yet said whether he plans to pay his taxes this year or wait to see if he gets caught.

Quote of the Day
Progressives lament the harshness and corruption of the private sector, capitalistic economy – insurance companies denying coverage or charging too much for their product are common grievances – yet they naively assume that as long as politicians and government bureaucrats control things, greedy and self-serving behaviors will disappear, and the “collective good” will reign supreme. (Austin Hill, Townhall.com, 7/25/10)

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