Professor Elam

John Stossel tells the story of the Thanksgiving that almost did not happen.  It seems the Pilgrims tried the socialist model, with the usual results, failure. Once they switched to private enterprise, there was corn a plenty.

If this was true in 1623, it will be true in 2023.  Our health care system needs to be modeled on an IRA type savings account. There sould be a large deductible, after all this is insurance not the VA.  Then individual choice would drive availablity of services.  Steve Forbes notes that where this system exists, like in say lasik surgery, prices have dropped dramatically and availability has increased.  Let’s remember this when ‘universal health care’ gets debated in 2009. As the saying goes, if you think health care is expensive now, wait till its free….