I could not believe what I was hearing and watching on CNBC's Fast Money this past week. One of the guest traders, John Najarian, was commenting on Barach Obama's win in Iowa, consoling himself that at least Obama's health care plan did not constitute "socialized medicine" the way the plans of the other Democrats did (i.e., plans of Clinton and Edwards).
As if requiring all persons to be covered by health insurance constituted "socialized medicine." Perhaps the trader would like to see the 40 million+ Americans without any health insurance grow to 100 million. And like Bush, the trader probably would urge such uninsured to stop whining and resort to the emergency room when they need immediate care.
The term "socialized medicine" is loaded with historical baggage going all the way back at least to the Republicans' objections to FDR's proposal for Social Security retirement income. When the government provides SS retirement income to people generally over the age of 65, some conservative critics like Najarian would call this "socialized medicine." Imagine the hardship for the older population without social security income!
Consider Medicare, the program providing health insurance for seniors over 65. Even today, George W. Bush and his Republican supporters have tried to overturn the government's involvement in Medicare by substituting and subsidizing private insurance providers, conspiring to have them take the place of government. Fortunately, Bush's efforts have gone nowhere.
Medicare of course provides health insurance to those over 65. Now when the Democrats come out with plans to extend the same coverage to those under 65, the reactionaries scream and cry "socialized medicine." But if most people value Medicare as a good way to provide health coverage to those 65 and over, why is it bad to do the same thing for younger people? Why in fact would such health insurance for the young constitute "socialized medicine"?
Why shouldn't the government be involved with health insurance? What is so bad about that? What then does the "socialized" in "socialized medicine" really mean? What is the alternative to not providing universal health coverage? Can American society afford to abandon those children and under-65 adults who struggle with health crises simply because they cannot afford proper insurance?
I don't think so. And I wish that Fast Money on CNBC would require that anyone like Najarian who spouts about "socialized medicine" explain why universal health insurance should not be enacted as a priority of the next administration.
Saturday, January 5, 2008
STOP TALK ABOUT "SOCIALIZED MEDICINE" - WE NEED UNIVERSAL HEALTH CARE FOR ALL AMERICANS
Posted by BOB EDER at 11:22 AM PERMALINK
Labels: CNBC, FAST MONEY, JOHN NAJARIAN, MEDICARE, SOCIAL SECURITY, SOCIALIZED MEDICINE
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