Socialized Medicine, Broken By Design

Socialized medicine - such as Medicare, or indeed almost any other medical program in the US or Europe - is broken by design, as any the many articles on the costs imposed by increasing life spans make clear. Only in a socialized program does healthy life extension become a problem rather than a wondrous opportunity - oh no, people are living healthily for longer, what will we do? It should be immediately apparent to an observer just how ridiculous and unethical all this faux hand-wringing is. If people live longer, healthier lives, they will be productive earners for longer, capable of saving more and having the choice of the use of more medical technology. More importantly, they will be alive and healthy rather than suffering or dead! The problems only start with programs that disconnect basic financial incentives from consumption by allowing you to spend other people's money.



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