Monday, March 21, 2005

TANSTAFL

As all Marietta Economics students are aware, there is no such thing as a free lunch. No matter what it is and where it came from everything has a cost associated with it. And the same idea holds true in Canada. Many Americans have lately been rambling on about how if Canadians get such cheap prescriptions, then so should Americans. Canada’s healthcare system is no walk in the park, however. As this CBS News article points out there is a major crisis brewing in the healthcare system of our northern neighbor. The main problem is that Canada’s so called “universal free healthcare” does indeed have a cost. Massive funding shortages are causing the system to run out of doctors and nurses. As the article states, “"That doctor doesn't have to worry about how you're going to pay the bill," said Deber. "He knows that his bill will be paid, so there's absolutely nothing to stop any doctor from treating anyone."” This condition gives doctors no incentive to limit there cost. So if you think that some kind of universal healthcare is needed in the United States, take a second thought to examine the ramifications. I know that I do not want to pay for services that I may not even be able to access because so many others waste my money. Do you?

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