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To: JasonC
Health care isn't a loss. It is a valuable benefit that people voluntarily pay for, that dramatically extends lives and improves their quality.

If I'm paying for the health care of someone who is not my family then it is a total loss to me. Obamacare would be a finacial disaster.

38 posted on 02/02/2010 1:00:12 PM PST by John O (God Save America (Please))
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To: John O
And if somebody else is paying for the health care of your entire family and you are not, it is a total (opposite of loss) windfall to you.

Obamacare is stupid but because of the dead losses and inefficiencies it involves, not because it is a transfer. Transfers as such do not create or destroy wealth, or cause loss. They may be inequitable for other reasons; they may have secondary incentive effects. But you are pretending that a transfer is a loss, and that's just incorrect.

Doctors deserve their incomes. Medicine companies earn their profits. Johnson and Johnson is not a den of thieves. Health care spending is entire legitimate economic activity and part of our overall production and income.

40 posted on 02/02/2010 1:10:11 PM PST by JasonC
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