Friday, October 28, 2011

Too much chronic care and too little higher education: Taxes Remain Stumbling Block For Deficit Panel - WSJ.com

Taxes Remain Stumbling Block For Deficit Panel - WSJ.com

There are clearly two opposite philosophical and economical perspectives here and perhaps they are best highlighted by the following:

An article this week in the Wall Street Journal pointed out that Massachusetts was spending some 70% of its healthcare budget on 'chronic care' and that the state was thinking of asking private insurers and managed care outfits to take over the management of such healthcare.

Now, to put a point on it - we have people in the process of dying!

Another series (this time of articles) including an Obama administration speech over the past two weeks was decrying the 'high cost' of 'higher education'.

There were clearly times in the past where the government wasn't taxing and spending its money on such chronic medical care and instead was providing 'affordable' college educations at state colleges!

So, now we find the young are once again sacrificing their futures for the old and dying. Etc.

Clearly something is wrong with our policies for the chronically ill!

(I know in my 93 year old father's case, the doctors and hospital would have been more-than-glad to keep him alive on a respirator and colostomy bag (chronic care). Luckily, we were able to let him die with some dignity - saving Medicare likely hundreds of thousands of dollars.)

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