Britain’s Socialized Medicine Is Close to Collapse

Britain’s Socialized Medicine Is Close to Collapse

Both major party presidential candidates are to the left of Obama on healthcare and are likely to move us quickly toward socialized medicine like they have in Britain. The U.K.’s left-wing Guardian shows us what we have to look forward to:

The body that represents hospitals across England has issued a startling warning that the NHS is close to breaking point because of its escalating cash crisis.

Years of underfunding have left the service facing such “impossible” demands that without urgent extra investment in November’s autumn statement it will have to cut staff, bring in charges or introduce “draconian rationing” of treatment – all options that will provoke public disquiet, it says.

In an unprecedentedly bleak assessment of the NHS’s own health, NHS Providers, which speaks for hospital trust chairs and chief executives, tells ministers that widespread breaches of performance targets, chronic understaffing and huge overspends by hospitals mean that it is heading back to the visible decline it last experienced in the 1990s.

As Poor Richard’s News points out, when profit and competition no longer play a role, spending goes up and quality goes down. Availability goes down too. Eventually total dysfunction sets in. This is sixth grade level economics. But it looks like we will have to learn the hard way, by losing our healthcare system.

Socialized Medicine

On a tip from TrojanMan. Cross-posted at Moonbattery.

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