In regard to my previous post, all I am hearing is how government-run healthcare is not the best form of healthcare. I never argued that is was. I simply said that it is our best bet to improve the current situation. I am waiting for someone to argue to me why either 1) we are better off in the current in-between system, or 2) that it would be easier and more practical to switch to a privatized system. Here are my arguments why government healthcare is the most feasible.
Politicians in general do not understand economics. We all scratch our heads as to why politicians just don’t implement sound economic policy that, if modeled, is very clear that it’s the right way to go. Well, politicians are, obviously, elected by the people. The population at large doesn’t understand economics. For the public to be convinced that privatized healthcare is the best, they must have some basic understanding of economic principles. A lot of economic policy, when first glanced at, seems to be backwards and contrary to its ends. We, as economic students, all know that even though it seems strange, free market economics can work. For instance, most people don’t understand that by instituting a minimum wage, the demand for labor decreases, and thus, people are laid off. People don’t get that by instituting a policy that is designed to help people, you are actually hurting them. When economists argue against minimum wage, the people interpret that to mean economists (or politicians) are arguing against giving people more money, or in essence, keeping more money for themselves. The public asks, how can anybody be against giving people more money? Thus, sound economic policy is not implemented.
My point is that even though privatized healthcare is clearly the best option, it is not realistic because people don’t understand it. What they do understand is government. A politician advocating for government healthcare is something people can wrap their heads around. Therefore, it has a chance of gaining a foothold and is much more likely to be put into practice. So even though privatized healthcare is better than government healthcare, they are both better than the current system we have now. And since privatized healthcare is unrealistic because the people will never follow the politicians there (and the politicians will never lead the people there), our best option for improving our current situation is by giving responsibility for providing healthcare over to our government.
Of course, if I could build a country from scratch, from the ground up, I would institute a private system of healthcare. But one almost has to start from the very beginning. Given our current political makeup, it would be virtually impossible to switch to a completely privatized system. It is hard to change a foundation without destroying the house. So what I am waiting for is for someone to argue to me that we could institute privatized healthcare given our current political climate. I am not asking for theory, or what could happen in a utopia. I am asking for someone to face reality and present a sound argument for a feasible switch to private healthcare. Or, argue to me that our current system of somewhere-in-between-private-and-government is better than government-run healthcare, therefore we shouldn’t switch.