[lbo-talk] new EPI paper on social security

SA s11131978 at gmail.com
Wed Aug 18 13:37:12 PDT 2010


Somebody Somebody wrote:


> Because costs rise faster than warranted by the growth of elderly persons. Prices here are much higher than other countries. We're spending more than we need to.
>
>
> Somebody: Sure, but it's still rising in European countries with universal health care and stronger price controls. I understand why the bourgeoisie is callous about trading away human lives for tax cuts, but I don't understand why so many ostensibly progressive people accept these arguments.

The excess "cost growth" is purely a redistribution of income to health care providers, mainly doctors, device-makers, hospital chain executives, etc. Why is that redistribution of income progressive?

SA



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