Sunday, April 10, 2011

Does anyone really expect the cost of health insurance to go down as a result of government meddling?

How could it possibly go down if insurers are forced to cover pre existing conditions, dental, prescriptions, & Dr. office visits? Does anyone really think costs will go down when they government isn't even addressing the issues that make prices high in the first place?
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As the State intrudes among conflicting interests, it becomes a focus of all social tensions, a mediator transforming the economic into a social crisis affecting all classes and spreading misery to the broadest masses, deepening a political crisis around the central question of political power itself. There is no a return to the post-war Keynesianism nor a revival of the Welfare State in the developed capitalist countries ; the State does not "expand" but destroys public services (hospitals, education, etc) by privatizing them and accumulates deficits and public debt to secure resources to bail out the bankers and other capitalists. In fact, there is a strengthening of the role of the capitalist State as the "savior of last resort" of capitalism in bankruptcy. The success of its regulatory intervention in the economy is more than doubtful. "The market may be bust but so is the state", wrote Philip Stephens in Financial Times (6/4/09).
Source

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