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Where is this 'hard evidence' you speak of? (Score:1)
Where is your hard evidence to support the above statement? In the absence of such evidence I guess you are stating an opinion as well.
The reports I have seen indicate that the United States spends more as a percent of GDP than Canada and yet leav
Re:Where is this 'hard evidence' you speak of? (Score:2)
I am not saying the U.S. is necessarily better than Canada, although I prefer our system. I am talking about broader principles, e.g. private vs. public dollars and the impact on the economy. Our
Re:Where is this 'hard evidence' you speak of? (Score:1)
I knew that was too good a setup to ignore. ;)
Perhaps I am being slow, but a dollar spent is a dollar spent is it not? What does it matter if it is a private citizen versus
Re:Where is this 'hard evidence' you speak of? (Score:2)
If Canada spends less (as a percentage of GDP, which I though a fair metric to use) on healthcare than the US how can it be screwing the economy? Doesn't that leave more money to be spent on other goods and services?
You have committed the broken window fallacy [gmu.edu]. Note that I am not arguing that it is necessarily true or false that such a change in spending would leave more money to be spent on other goods and services. Simply pointing out that your reasoning is incomplete; as pudge mentioned, the money "lost" through greater spending in the health-care system goes right into the pockets of people who spend it. All spent money gets spent again, making something complex enough to make reasoning difficult.
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Re:Where is this 'hard evidence' you speak of? (Score:1)
I'm afraid I don't understand how this applies. I am saying that less is being spent on health care leaving more to be spent on other things.
The broken window fallacy applies when I say that it is good that a situation was created because it creates economic opportunity while ignoring the opportunity cost of the situation. What is lost by spending less money on health care?
It seems that the reverse is true, saying that the US spending more per GDP is a good thing because it is good for the economy ig