tag:blogger.com,1999:blog-6276561747841568697.post7841777546327657715..comments2024-03-27T05:23:48.855-04:00Comments on Krugman-in-Wonderland: Plans and Economic RealityWilliam L. Andersonhttp://www.blogger.com/profile/01802990642236807359noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6276561747841568697.post-73385131978862981692012-10-07T15:26:04.316-04:002012-10-07T15:26:04.316-04:00Ah, the Keynesian central planners are what the ma... Ah, the Keynesian central planners are what the macro-economy needs to create the land of bliss. Certainly my neighbor is happy to take my suggestions on when he should mow his lawn, who his daughter should marry, if or if not his pug should be neutered and I'm just as happy to seriously consider his ideas about what color to paint my house and what plastic animals I should tether in the yard. But neither of us has the coercive power of the state to mandate those thoughts. Why should some elected or appointed apparatchik have the right to structure our health care system in any way? The health care now in the US is a creation of central planning itself, will more of that planning make it even better?Pulverized Conceptshttps://www.blogger.com/profile/14860274211446159849noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-56322788407387975582012-10-06T18:48:58.329-04:002012-10-06T18:48:58.329-04:00Calagacus,
You have clearly learned about Austri...Calagacus, <br /><br />You have clearly learned about Austrian economic theory from pundits.<br /><br />As does your faith in the welfare state.<br /><br />PS - (After re-reading your post, I'm fairly certain you don't even know what the word "feudal" means.)Dannoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-38748486882664790322012-10-06T07:09:56.606-04:002012-10-06T07:09:56.606-04:00Obamacare might have succeeded in making the US sy...Obamacare might have succeeded in making the US system worse though. But the rest of the planet has a different experience of socialized medicine, backed up with statistics. Superior care, lower cost, fewer resources used.<br /> <br />In fact, one of the secrets of US economic success (relative to Europe) is that our crazy, wasteful health-care and other social welfare systems have been a source of Keynesian stimulus. <a href="http://www.levyinstitute.org/pubs/ppb72.pdf" rel="nofollow">WHAT IS THE AMERICAN MODEL REALLY ABOUT?: Soft Budgets and the Keynesian Devolution</a><br /><br />Remember, when there is involuntary unemmployment, the usual state of a modern capitalist economy, waste is beneficial and efficiency is inefficient. Only when you have full employment do all the "Laws" of Austrian or neoclassical economics become valid.<br /><br />That's what the Euro is all about - destroying the too-efficient, too-effective welfare states, that would have outstripped the USA if they hadn't been underspending even worse than the USA for 40 years, and creating a feudal bankster-owned economy.Calgacushttps://www.blogger.com/profile/06031818010224747000noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-4566268563392699872012-10-05T09:43:39.709-04:002012-10-05T09:43:39.709-04:00As a Canadian with nearly a lifetime of experience...As a Canadian with nearly a lifetime of experience with socialized medicine, I will tell you that the inevitable outcome of Obamacare or Romneycare (which is merely Obamacare Lite) is going to be Canadian style healthcare service (lineups, delays, cancellation of treatment) at American style prices. The only reason why Canadian medical services appear cheaper is that we have a very different tort law system here, such that Canadian medical care providers are rarely sued.<br /><br />Just wait until American trial lawyers figure out that the object of their lawsuits will be the guy with the deepest pockets in the land: Uncle Sam.Dennisnoreply@blogger.com