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Don't Break What's Working In Health Care – Medical Innovation

Discussion in 'BBS Hangout: Debate & Discussion' started by Shovel Face, Dec 23, 2009.

  1. Shovel Face

    Shovel Face Member

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    <object width="853" height="505"><param name="movie" value="http://www.youtube.com/v/hlMRBVaCWQ0&hl=en_US&fs=1&hd=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/hlMRBVaCWQ0&hl=en_US&fs=1&hd=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="853" height="505"></embed></object>


    When it comes to health insurance reform, California State University, Northridge economist Glen Whitman emphasizes, "We have to make sure we don't just fix the parts that are broken. We also have to make sure we don't actually break the parts that are working very well. And it turns out that one of the areas that America is really great at is innovation."

    Reason.tv's Ted Balaker sat down with Whitman to discuss his new Cato Institute policy analysis, coauthored with Raymond Raad, "Bending the Productivity Curve: Why America Leads the World in Medical Innovation."

    Whether it's Nobel laureates in medical fields or the most important recent medical innovations, Whitman and Raad find that the U.S. has contributed more than any other nation, and in some cases, more than all nations combined. Whitman cites some key factors that account for America's innovative ways, and warns that if America adopts a more centrally planned health system we may not only innovate less but we might not know what innovations we're missing.
     
    1 person likes this.
  2. GladiatoRowdy

    GladiatoRowdy Member

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    How useful is this innovation if it only translates to the richest among us while millions suffer and go broke without health care?
     
  3. Shovel Face

    Shovel Face Member

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    How useful are cellphones if only the rich can afford them in 1986? How useful are personal computers if in 1974 they cost $30,000?

    Again, the other nations leech of four innovations then claim their health care is the best. Fix health care by driving down the costs.

    Socialism is evil.
     
  4. Major

    Major Member

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    And yet Republicans oppose allowing importation of drugs, which would eliminate the ability of other countries to leech off us to a large extent and force them to share in the costs. It's funny to see Republicans be anti-trade and pro-protectionism when it involves the health care industry.
     
  5. Major

    Major Member

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    Notice that cellphones and PCs went down in price over time. Health care never has. And no one has suggested that it will. If computers got more sophisticated and went from $30,000 to $60,000, no one would think it was a great situation.
     
  6. Rashmon

    Rashmon Member

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    I sense fear in your posts shovelfaced.

    Fear that health care reform continues the sickening demise of the Republican party slowly eroding from the cancerous ideologues for which there is no cure.
     
  7. Shovel Face

    Shovel Face Member

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    Of course I have noticed that. That's what government interference into the market place will do. That's the freaking problem.
     
  8. DonnyMost

    DonnyMost Member
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    Shovel farce.

    You are the biggest obstacle between your beliefs and their actualization.

    The quicker you stop making your beliefs look so invalid and lame, the sooner they will become a reality.
     
  9. SamFisher

    SamFisher Member

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    That, and the fact that such beliefs display the level of sophistication of a not bright 14-year old.

    The previous post has been universally recognized as wrong for close to 50 years, and would get you a big fat F in any economics class if you had an exam question on it.

    I think that is a bigger obstacle to "reality" than the Shovel Face program's endless GOTO command executions.
     
  10. Shovel Face

    Shovel Face Member

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    Keep driving up the costs and killing people, commie.
     
  11. DonnyMost

    DonnyMost Member
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    Basically what I'm saying is that Shoval Fuss tends to completely delegitimize whatever small shreds of truth he may be presenting by cloaking them in the piles of horse manure you just referenced.
     
  12. Air Langhi

    Air Langhi Contributing Member

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    I would argue that healthcare has provided not as much innovation as other industries in the past twenty years. Look at semi industry. We have phones as powerful as the supercomputers twenty years ago. Over the last twenty years we have improved life expectancy by 5 years. Despite spending trillions we still haven't cured cancer. Think about how crude radiation therapy is even now days.
     
  13. juicystream

    juicystream Member

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    Ironically that is why I believe a government ran option should have been in any bill passed for HCR.
     
  14. ling ling

    ling ling Member

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    AIDS medicine used to be only for the rich (Magic Johnson). Now, everyone has access to them. Even 3rd world countries.
     
  15. geeimsobored

    geeimsobored Member

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    Ironically enough that's only the case thanks to massive government foreign aid and subsidies. It has nothing to do with free market.
     
  16. Major

    Major Member

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    Yes - your insurance covers more and more things like this. But the price of the insurance doesn't ever go down. So you're paying for all those extras, and fewer and fewer people can afford them.

    There's no doubt that quality of health care is going up along with price. The problem is that many people are being priced out and then able to afford none of it.
     
  17. Northside Storm

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    The thing about this is that if you know about the intricacies of the situation you would see how it makes a very poignant case for gouvernment intervention in unfair oligopoly/monopoly situations.

    It is only thanks to generics and the Doha Round of negotiations (specifically the Doha Declaration on the TRIPS Agreement and Public Health) that has allowed AIDS drugs to be remotely affordable to Third World citizens. If it were not for Cipla and the compulsory licenses FORCED upon pharmaceuticals by developing countries then we would be...well, let me demonstrate in chart form.

    [​IMG]

    Oh no, free enterprise being reigned in by gouvernment sponsored competition! Mass murdering socialism in action, folks.
     
  18. glynch

    glynch Member

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    Got to love it "Reason" tv put out by the libertarians. The libertarians also put out a magazine called "Reason". I guess the name makes them feel reasonable.

    Ah the comfort of a total ideology immune to facts in the cruel big world.
     
  19. rocketsjudoka

    rocketsjudoka Member

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    So that explains why those socialist in the UK and other countries are ahead of us in stem cell research and also beat us in life expectancy and infant mortality.
     
  20. Cohete Rojo

    Cohete Rojo Member

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    What we've learned over the last year is that if it is broken don't fix it. Bail it out.
     

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