American Elephants


Wise Words From a Nobel Laureate by The Elephant's Child
July 29, 2009, 7:47 pm
Filed under: Health Care, Progressivism, Statism | Tags: , ,

Economist Greg Mankiw — whose blog I recommend unreservedly — posted this comment by the Nobel laureate Ken Arrow:

Oh, why health costs increase? The basic reason why health costs increased is that health care is a good thing! Because today there is a lot more you can do! Consider all these expenses that are diagnostic. Cat scans, X-rays, MRIs and now the proton-powered whatever-it-is. Something that is the size of a football field, cost $50 million, and has all sorts of diagnostic powers. A lot of these technologies clearly reveal things that would not be revealed otherwise. There’s no question about it. Diagnostics have improved. Technology has improved. You know, sending things through your blood stream to help in operations, instead of cutting you open. It’s incredible. But these things are costly. But for older people longevity is increasing by a month each year. Now, whether that creates other problems with retirement and social security is another question. But, nevertheless, preserving life is a good thing.

The Obama administration seems to have forgotten what health care is all about.  They think it is about power, and getting control of something that voters cannot do without.  It certainly is not about preserving life.  Free abortions are on the list, rationing care for the old folks is on the list, and (Page 354, Section 1177)  Government will RESTRICT enrollment of Special needs people.  I’d sure like to hear them explain that one.




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