Gloom and Doom for Oz Thread

Discussion in 'Markets & Economies' started by JulieW, Jul 27, 2015.

  1. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    Medicare. Best in the world.

    We can thank the Whitlam government for it, Hawke and Keating for rescuing it from Fraser, and various Liberal Governments since for trying to stuff it up and help out their mates in medical insurance.
     
    ozcopper and Silverling like this.
  2. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,680
    Likes Received:
    4,441
    Trophy Points:
    113
    What makes you think the model we have for the provision of public health is actually a good use of resources?
     
    Stoic Phoenix likes this.
  3. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,680
    Likes Received:
    4,441
    Trophy Points:
    113
    That's the propaganda message that is continually spread by those with a vested interest in maintaining the publicly funded provision of a service that many do not utilise fully, or those that have no idea what they are talking about. There is no reliable evidence to support your claim that medicare is a better system than one that is funded by users on a voluntary basis.

    John Stossel on mandated Grocery Insurance:

     
    Last edited: Sep 3, 2017
    wrcmad and Stoic Phoenix like this.
  4. Silverling

    Silverling Well-Known Member Silver Stacker

    Joined:
    Aug 13, 2017
    Messages:
    1,586
    Likes Received:
    1,947
    Trophy Points:
    113
    Location:
    NSW
    My experience. A member of my family became severely ill in the last 14 Months. We were in and out of public hospitals weekly and sometimes twice weekly for over a year. The hospital staff were excellent, they worked hard and resources were stretched. They had all the equipment they needed to repair/get her well again. To me it appeared to work efficiently.

    If her treatment wasn't covered by medicare we would have had to sell the house and then we would have become a burden on society. We are too old to get jobs now, we are retired. Have you ever wondered why the Top 10 Best Countries to live in the world nearly always have a free Medicare system? Places like Sweden, Norway, UK, NZ and Australia are nearly always in the top 10. I wouldn't swap that for anything and I think if you asked the Aussie population the great majority would agree with me.
     
    Last edited: Sep 3, 2017
  5. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

    Joined:
    Jul 20, 2014
    Messages:
    5,739
    Likes Received:
    1,036
    Trophy Points:
    113
    Location:
    Melbourne
    Medicare is great here but as I said before be also glad you/we live here in Oz and not the divided states/people of America or suicidal Europe.
     
    Silverling likes this.
  6. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,680
    Likes Received:
    4,441
    Trophy Points:
    113
    I'm happy it worked out for you, but everyone has a similar story. What the champions of mandatory public health funding can't provide is evidence that a health system based upon voluntary funding would be be of lesser quality, despite the fact that every other need we have that is met by voluntary participation is superior to alternative mandatory schemes.

    Or you may have had private health cover where the costs are met by you and the others that have voluntarily agreed to participate in the scheme.

    It's not because these countries have publicly funded health systems, it's because the surveys conducted to measure the outcomes ask the right questions.

    You wouldn't swap it, but you also insist on forcing everyone else to fund your medical costs, as do the rest of those who love medicare.
     
    wrcmad, leo25 and willrocks like this.
  7. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,680
    Likes Received:
    4,441
    Trophy Points:
    113
    The problem in Australia with the Sacred Cow that is Medicare is that we can't even have the discussion about whether it is actually working without special interest groups and the public going into hysterics.
     
    willrocks likes this.
  8. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    7,777
    Likes Received:
    7,199
    Trophy Points:
    113
    It wasn't free. Costs were distributed to tax payers.
     
    wrcmad and leo25 like this.
  9. Silverling

    Silverling Well-Known Member Silver Stacker

    Joined:
    Aug 13, 2017
    Messages:
    1,586
    Likes Received:
    1,947
    Trophy Points:
    113
    Location:
    NSW
    I may be retired but I still pay my tax and medicare levy. I am very happy to contribute to a system where the service is first class and covers everybody including the disabled, the poor, the elderly, the war veterans or those that simply just can't afford insurance. This to me this is good and caring society and one that I prefer to live in. That's what Australia is all about, helping out your mates and those that can not help themselves.
     
  10. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    3,590
    Likes Received:
    1,948
    Trophy Points:
    113
    If we removed the ability to borrow into the future then does anyone still think things would be economically good here atm? I don’t see leaving a massive debt burden to our children and grandchildren anything to be proud of.

    Also once china switches to a domestic market does anyone still think we will have the same purchasing power that gives us the false illusion of us doing well?

    And regarding Medicare I doubt it will be any better than a private system. To be fair I don’t think it’s the system that matters, but more how people act. Corruption, stupidity and lack of morals will destroy any system.

    Nothing in this world is "free" someone always pays in one way or another.
     
    Last edited: Sep 4, 2017
  11. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    3,590
    Likes Received:
    1,948
    Trophy Points:
    113
    Before you think our health system is all caring maybe you should stop to think about the burden medicare puts on our doctors. The system is underfunded and the staff are way over worked.
    This article is a good reflection on what it's like in major city public hospitals.

    http://www.news.com.au/lifestyle/he...r/news-story/65c5e15e3965fbc22ffc90c6e066bdb3
     
  12. Jislizard

    Jislizard Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,517
    Likes Received:
    639
    Trophy Points:
    113
    Location:
    Australia
    How much of that is being bought on credit?

    How many of those people are spending all their wages every paycheck?

    How many of those people have any savings?

    When I was younger, before marriage and owning a house, I bought the latest gadgets, ate out often and would gladly buy coffees when out and about. I had an overdraft, massive credit card debt, no savings and a car loan. Money came in fortnightly and by the next fortnight I would be broke again. Probably the most interesting time of my life, went on lots of holidays with friends, lots of trips into London after work for drinks etc.

    Totaled up, I had around the equivalent of $50K of debt and nothing to show for it but a second hand car.

    Took my wife three years to get me back into the black and I have been personal debt free ever since.
     
    PM and mmm....shiney! like this.
  13. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,680
    Likes Received:
    4,441
    Trophy Points:
    113
    Your taxes don't pay the bills for government services, we borrow money to fund those things.

    Basing public policy and mandatory legislation on subjective notions of what constitutes an ideal society favours some at the expense of others. Medicare is not the only way to achieve those goals.
     
    leo25 likes this.
  14. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

    Joined:
    Oct 30, 2009
    Messages:
    6,278
    Likes Received:
    186
    Trophy Points:
    83
    Location:
    Sydney
    Let me know when I can choose not to get cancer, blood clots, meningitis or break my arm and I'll be right with you on making funding completely voluntary.
     
  15. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,680
    Likes Received:
    4,441
    Trophy Points:
    113
    Red herring.
     
    willrocks likes this.
  16. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    7,777
    Likes Received:
    7,199
    Trophy Points:
    113
    Let me know when I can stop other people making bad lifestyle choices that ultimately result in chronic health conditions, and I'll be right with you on making funding completely involuntary.
     
    wrcmad, House, Skyrocket and 2 others like this.
  17. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    Like a sugar tax you mean?

    ;)
     
  18. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

    Joined:
    Jul 20, 2014
    Messages:
    5,739
    Likes Received:
    1,036
    Trophy Points:
    113
    Location:
    Melbourne
    Government just jacked up cigarettes prices again! Think of poor smokers like me! :(
     
    House likes this.
  19. PM

    PM Active Member Silver Stacker

    Joined:
    Sep 7, 2013
    Messages:
    401
    Likes Received:
    172
    Trophy Points:
    43
    Location:
    Australia
    Apple store was busy again today when i walked past. I have decided to have it as one of my lead indicators.
     
    mmm....shiney! likes this.
  20. Silverthorn

    Silverthorn Well-Known Member

    Joined:
    Apr 29, 2010
    Messages:
    2,505
    Likes Received:
    28
    Trophy Points:
    48
    When I studied a semester on public economics in my third year I still clearly remember the text pointed out several empirical studies showed public health was actually more efficient. I remember it so well because it went against the current meme of the day of privatisation which was getting going back in the day.
     
    mmm....shiney! and Silverling like this.

Share This Page