Wednesday, August 5, 2009

on universal health care and social security:

People on both ends of the political spectrum agree that Social Security is quickly going broke. The only reason it has lasted as long as it has is because lawmakers keep lowering benefits, and increasing the eligibility age for retirement. This is functionally equivalent to rationing the service. How long would the Social Security funds last, if you could withdraw money at will?

With socialized health care, either you would be restricted in your ability to use the service (rationing services) or you could visit the doctor whenever you want (withdraw at will). Which , do you think, will happen? If health care is rationed, how is this a more desirable system? If you can withdraw at will, how long before the system is as broke as Social Security?

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