Re: Batteries May Become Obsolete
Well, for one thing, they get universal health care...
I am not interested in re-debating this can of worms but since you raise the subject, I will share a few of my thoughts and observations.
I have studied other countries systems for several years while this was open for public discussion. There is not one simple universal healthcare solution, but every country has different pros and cons. They all (most) face the same issues with an aging demographic, living longer, and incurring far higher end of life expenses to stave off the final insult. When there isn't enough wealth to support unlimited care something gets compromised. In some countries the access to costly "free" treatments is so delayed that some patients die waiting in queue.
At it's simplest, socialized medicine means spreading the cost for health expenditures over the entire 300 million or so population. That was easy... I should not complain, because it means a bunch of young people will be subsidizing my replacement hip (or whatever... as if.). The elephant in the room is that replacing a flawed health insurance industry, that wasn't really insurance against rare events, but more of an "all you can eat" fixed price plan, with a government operated single payer plan, without dealing with the cost drivers in healthcare, will leave us with even more economy sapping taxes. Wait for it. The new taxes are only now slowly getting phased in over the next few years, and whatever private sector healthcare efforts get swallowed up or assimilated by the Borg. In one bizarre tax maneuver they are raising revenue to fund healthcare by taxing healthcare (like my hypothetical replacement hip appliance). The old saw in economics is if you want less of something tax it.
An interesting personal example regarding the misplaced or lack of useful economic incentives to manage costs, my brother (RIP) contracted gut cancer. He was a state employee in NE so he had a full coverage health plan. He survived 5 years of chemo therapy and whatever they do, until his final decline. I recall in my last conversation with him, he said what I was thinking. If he was spending his own money, or his own family money, he would have stopped the very expensive treatments years earlier.
That is the crux of the biscuit, we really are spending our own money. The government does not have money of it's own. Every penny that it spends comes from we the people, or increasingly recently borrowed in our name for our children to pay back. However as long as utilizing healthcare appears like we are spending OPM (other people's money) or free manna from government, there will be no negative feedback against unlimited spending. Efficiency and creativity in every other market sector comes from competition and individuals making decisions in their self interest in a free market.
As I mentioned, my brother, not a conservative or libertarian (state employee in a blue state), recognized the disconnect between his personal economic self interest to preserve wealth for his family, and spending unlimited funds for low outcome procedures.
The big lie surrounding this discussion is that we can have painless access to enough funds to fully enjoy the benefits of the best (and coincidentally most expensive) healthcare in the world. The go-to political rhetoric is all we need to do is get the fat cats to pay their fair share, but guess what.. You could tax 100% of their income and it wouldn't pay for this. So in fact this will result in some broad based tax (like on gasoline), but more likely a national sales tax to raise enough revenue. There is no free lunch in macro-economics. When dealing with the full population the math must balance out over time. So "we" must ultimately pay for the healthcare we consume.
I have no problem with paying for my healthcare, that i choose to consume, or not. I am still angry about the pricing distortions I encountered while trying to operate outside the big insurance regime. I estimate I paid between 2x or 3x what insurance companies get charged for similar services. :-(. I should just shut up and acquiesce to all you young people paying my way, but I feel bad for the trajectory I expect this to follow (inefficient utilization of finite resources).
I have tried to avoid the standard cliches used to scare people, and truly hope I am wrong, but when has the government ever done something better and cheaper than the private sector? Healthcare is already a large fraction of the private economy and sure to grow even larger so making a larger fraction of the economy less efficient is never a good thing.
I am unhappy that after these years of "fixing" the system we still haven't addressed the fundamental problem. We need for the consumer of healthcare to feel some ownership in the money they are spending for services. Only this active economic self-interest in healthcare decision making can drive competition, creativity, and efficiency.
Of course I could be wrong.... opinions apparently vary.
JR
PS: For more unintended consequences of the government intrusion into healthcare and revenue raising attempts, the part-time worker and less than 50 worker thresholds for exclusion means we will end up with companies shifting more work to part time workers, and small companies actively managing their size to remain below such thresholds. I repeat there is no free lunch in macro-economics, every tax is an economic (dis)incentive that alters behavior.