Has America become a ‘business’ that nobody can run?

By Daniel at 1 December, 2009, 11:36 am

Businesses that survive and prosper must have competitive business plans, clear-cut priorities, and effective cost controls. Most of America’s competitors have aggregate health care costs that are less than half of ours when benchmarked to relative GDP. If this nation is to regain lost ground in global competition it must cap health care costs at internationally competitive levels.

Competitive success requires the retirement of perverse subsidies for irrational over-consumption of pharmaceutical products and medical services. It is ill-advised to move forward with national health care reform apart from a constitutional limitation on the size of the health care sector — 10%, for example. A constitutional amendment could require the federal government to develop statutory laws sufficient to stimulate cost cutting marketplace incentives.

People need to show a stewardship of health care resources just like we ought to be trustworthy caretakers of our water and land resources. If we can’t trust Wall Street to make honorable decisions in the use of its powers, what sense is there is giving the nation’s budgetary reins to the greedy health care sector?

- Dr.Benevolence

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