How Socialized Medicine Kills The Patient & Robs The Taxpayer, by Thomas DiLorenzo

Socialized medicine and the efforts to sell it in the US are both built on lies. Excerpted from Thomas DiLorenzo’s book The Problem with Socialism… via zerohedge.com:

When it comes to something as important as healthcare, the last thing anyone should want is for the entire system to become a government-run monopoly…

In fact, socialist healthcare is based almost entirely on deception.

It works this way:

  • …patients usually pay nothing (or a minuscule fee) at the point of service, thereby forming the false impression that healthcare is “free.”
  • Because it is “free,” consumer demand for healthcare skyrockets…
  • …doctors prescribe hordes of often unnecessary tests, because they are “free” to the patient…
  • …The costs of providing healthcare, including everything from nursing to ambulance services, inevitably go through the roof.

…As any freshman economics student should know, declaring anything to be a “free” good or service will cause an explosion of demand, which in turn will ratchet up the costs of providing the good or service.

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2 responses to “How Socialized Medicine Kills The Patient & Robs The Taxpayer, by Thomas DiLorenzo

  1. Pingback: How Socialized Medicine Kills The Patient & Robs The Taxpayer, by Thomas DiLorenzo — STRAIGHT LINE LOGIC – uwerolandgross

  2. There is an old saying: “Anything for free has no value.”

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