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Health Care Industry a Net Drain on the Economy?

by Scott Ott for ScrappleFace · 12 Comments · · Print This Story Print This Story

Scott Ott writes non-satirical columns periodically at Townhall.com. Here’s a brief excerpt of his latest and a link to read more.


Today’s Washington Post refers to “…the daunting challenge of remaking a health system that consumes $1 out of every $6 spent in the country…”

Did you ever wonder why journalists don’t refer to other side of the balance sheet when it comes to the health care industry? Of course, they’re just mouthing platitudes put out by politicians and their special-interest supporters, but it doesn’t take an accounting genius to consider that across the ledger from “expense” is the word “revenue”. By repeated exposure to that ‘1-in-6′ figure, you might get the sense that the health care industry is a net drain on the U.S. economy.
READ THE REST AT ScottOtt.Townhall.com



Tags: Townhall

12 responses so far ↓

  • 1 Darthmeister // Jul 14, 2009 at 9:10 am

    A net drain on the economy, Scott? Well then that explains why these liberal socialists want to enact a National Socialist Healthcare System … first, to permanently ingratiate themselves with poor minority and white voters, and second, destroy the last vestiges of a free market America so they can create their velvet gulag on its ashes.

  • 2 camojack // Jul 14, 2009 at 9:55 am

    You cannot reason with the unreasonable…or talk sense to the senseless. :-(

  • 3 Darthmeister // Jul 14, 2009 at 10:36 am

    BTW, I am impressed at how much Sotomayor was/is truly a “strict constructionist” … and this under oath! I mean, who would have thunk it?

  • 4 JQ // Jul 14, 2009 at 11:16 am

    “The one sure way to louse up this beneficent cycle of blessing is to increase control by politicians and bureaucrats who have understanding of neither health care, nor basic economics.”

    Ding, ding!

    When I think about the thought process that goes into a politician’s decision-making, for some reason I always come back to the same picture: a game show contestant who can’t decide which door to open, so he turns to the audience: “Door #1!” “No, take #3! NUMBER 3!!” “Two! TWO!!” In the end, he bases his decision on nothing more than what pleases the crowd the most.

    I really think most people consider their elected representatives to be nothing more than an automaton whose job it is to place his vote based on the feelings of his constituency. But that’s not how a republic works. In a republic, a representative should be elected based on his (or her) own good judgement by a constituency which acknowledges that person’s superior aptitude for making the decisions necessary for government. We find a wise, honorable person to represent us, then send him/her off to weigh the pros and cons of various policy decisions, trusting them to make wise decisions based on the merits of the evidence. In a true republic, our representatives shouldn’t be swayed by ripples in public opinion.

    Not sure there was a point to that, but I’m done now. :)

  • 5 Libby Gone // Jul 14, 2009 at 5:25 pm

    besides,
    The Healthcare industry inspired one of the few TV shows I bother to watch…………..
    SCRUBS.

  • 6 Libby Gone // Jul 14, 2009 at 6:49 pm

    http://mitchcheegone.blogspot.com/
    Libby Is blogging

  • 7 Darthmeister // Jul 14, 2009 at 8:46 pm

    I’m watching the All-Star baseball game on Fox. Just saw Mr. Obama engaging in the American tradition of “throwing out the first pitch.” I have to give Mr. Obama his due, though he throws like a girl (my apologies to the fairer sex) he did get the ball to the plate on the fly. It was a lousy hand-held camera angle but it actually looked like a strike.

    However, I’m still wondering how Fox Sports was able to keep the teleprompter out of the view of the camera.

  • 8 onlineanalyst // Jul 14, 2009 at 9:06 pm

    All of our congresscritters ought to read your Town Hall piece for its logic and insight. I am more than tired of false emotional appeals being used by power-hungry legislators who haven’t a sense of economics nor the unintended consequences behind some of their foolish ideas. Federal government intrusion has skewed the market in so many bad ways, leading to crippling inflation and discouragement of innovation.

  • 9 gafisher // Jul 14, 2009 at 9:52 pm

    No doubt the media would be more to Obama’s liking if, as he hopes to impose on health care, we went to a single — paper, er, - payer system.

  • 10 camojack // Jul 15, 2009 at 1:07 am

    Libby Gone // Jul 14, 2009 at 6:49 pm
    http://mitchcheegone.blogspot.com/
    Libby Is blogging

    Good to see that you’re blogging again, but when I tried to say that on your blog…it wouldn’t let me. :-(

  • 11 JamesonLewis3rd // Jul 15, 2009 at 6:46 am

    Will your preacher do time for Hate Crimes? Will you? Will I?

  • 12 R.A.M. // Jul 16, 2009 at 1:06 am

    Congress “Critters”, (Senators too), get LIFETIME healthcare benefits no matter how long they served, (I use that term “served” VERY LIGHTLY!). That is why even left-wing-nuts, The Black Caucus, and Je$$e and $harpton should NOT cry too many crockadile tears for “temporary Senator” Roland Burris since he has said he will not run for a full term.

    Doesn’t he also get a lifetime retirement?

    My bet is he believes the investigation into his trying to buy Obama’s seat will go away if he gets out now. He is probably right about that but, I am sure that the DNC had a LOT to do with his decision seeing as how the Repub rival was KILLING him in early polls in the VERY LIBERAL State of Illinois!

    Pretty funny hearing Sotomayor defend her “wise Latina” comment as being a comment to give “hope” to young Latino’s.

    I’m sure it has. They now know they can say racist things about white people and get away with it! ;-)

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