December 4, 2009
THE PERILS OF HEALTH CARE COST CONTROL:
The problem with diseases that affect only a small number of people is that there isn’t really much savings in denying a treatment, and the payoff is high in publicity and voter goodwill. The problem with diseases that affect a large number of people is that then huge numbers of voters can imagine themselves dying for want of some procedure, and the political cost to denying it is huge. Either way, I don’t think our nation’s politicians have the willpower to resist those incentives. And so far, I’m right.
Indeed. My take: If healthcare is as important as they say, why would we trust Congress to run it?