When Thatcher ran for prime minister she said - remember this, this is the Iron Lady - she said, "The British national health care system is safe in my hands." She wasn't going to take on health care, because she knew once you have people getting free health care from the government, you can't take it away from them. And the reason is because most people don't get sick, and so free health care is just that, free health care, until you get sick. Then, if you get sick and you don't get health care, you die and you don't vote. It's actually a pretty clever system. Take care of the people who can vote and people who can't vote, get rid of them as quickly as possible by not giving them care so they can't vote against you. That's how it works.
Rick SantorumRelated topics
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My own views began to change before the next Nazi move, the occupation of Austria in [March] 1938.... No longer was it possible for me to believe that Nazism was a temporary aberration in German politics, that the good sense of the German people would soon take care of the Fuehrer, and that the greater danger to peace was French over-reaction to Hitler's moves, with the United Kingdom supporting such reaction. This feeling was replaced by the fear of aggressive war brought about by the policy of a German regime which now must be considered as evil and savage and an immediate menace to freedom and to peace. This regime could not be allowed to triumph in Europe, for its triumph would be a threat to free men everywhere.
Lester B. Pearson
Now, I don't have all the answers, but I do know the old ways don't work. Trickledown economics has sure failed. And big bureaucracies, both private and public, they've failed too. That's why we need a new approach to government, a government that offers more empowerment and less entitlement. More choices for young people in the schools they attend- in the public schools they attend. And more choices for the elderly and for people with disabilities and the long-term care they receive. A government that is leaner, not meaner; a government that expands opportunity, not bureaucracy; a government that understands that jobs must come from growth in a vibrant and vital system of free enterprise.
Bill Clinton
I find it amazing now that my first economics class, taught by Alan Sweezy, used John Maynard Keynes's General Theory of Income and Employment as the textbook. Although this book is one of the most influential works of the twentieth century, it makes a really lousy textbook. Moreover, since I now regard Keynes's analysis as seriously flawed, it is surprising that I enjoyed the course so much. As a student, I appreciated the simple way that the Keynesian model explained the workings and failings of the overall economy. Especially appealing were the clever policy remedies, such as increased government spending and tax cuts, that Keynes recommended to combat unemployment. Too bad that I discovered later that the model was theoretically and empirically deficient!
Robert Barro
Don't forget that God sees you and watches you when you are in pain; He perceives even the beating of your heart. Consequently, He will not leave you without consolation and His fatherly protection. Naturally, the saints rejoiced in their afflictions; as for us, let us at least manage to accept affliction or pain patiently.
My child, pray within your heart, and the name of Jesus will become for you a comforting balm so that you can bear this trial of yours in a way which benefits you. You will greatly benefit from this trial if you submit yourself to it patiently. So again I say to you, with the almighty armor of prayer continually approach the omnipotent Lord more often, and you will come to know how He wondrously lifts the burden of pain and marvellously gives rest to sufferers.
Ephraim of Arizona
There are information asymmetries in this story. Health insurance is limping along. It's limited in scope, and then you other consequences. Insurance companies have high premiums to protect themselves. The ones who come to the insurance company are sicker and the people have to pay more. You have adverse selection. You have moral hazard. And the doctor does what's on the safe side -- defensive medicine -- without regard to cost. These are fundamental conditions that make health insurance difficult. You have some things that help. Some doctors understand that they shouldn't abuse the system. But you still see problems in the way doctors behave towards patients. They goof off. Sometimes it's too much work. Some things are difficult and risky to diagnose.
Kenneth Arrow