Wednesday, 7 March 2012
Random Hilarious Moments
I was sitting on a bus waiting for the line-up of people to get on the bus. One boy didn't have the change and decides to put $2 instead of the required $3, no biggie. The bus driver uses the microphone to get this boy to pay "boy wearing white hat, the fare is $3 not $2." The boy doesn't hear the announcement because he has earphones on. By the time, the boy goes to the front. The bus driver calls the boy a thief, "you are a thief, and you are stealing from me! I want you out of my bus." The boy tries to pay for the last $1 but doesn't have change, he had a $20 bill. The driver insisted on the boy leaving the bus.
A man walks up to the driver and starts yelling, "I supported your union when you went on strike, we all pay for public services, there are those who cannot pay for this high fare. THIS IS CLASS WARFARE!"...Someone watched too much FOX news.
Driver: '"you are a thief, I do not feel safe with you on my bus!" ...When did the crime escalate?
Boy, "give me back my money then."
Driver: "I can't"
Boy: "you are stealing from ME now."...Quick thinker
All in all, the boy was publicly embarrassed and the driver made a scene over $1.
Saturday, 28 January 2012
Is Profit the cure?
I have been reading a book called "Profit is not the cure," which is a book about the advantages of public run health care. The author gives a plethora of examples of private sector companies who provide a lower quality of service at public expense. Examples include companies that provide less service for more money, require longer wait times, a higher administration fee, and of more cost to the tax-payer purse in the long run. One weakness in the argument is some of the examples the author uses to argue against right-wing think tanks.
Right wing think tanks argue for privatized health care because market competition is a driving force for efficiency. Nevertheless, the examples of inefficient companies the author provides are monopolies or oligopolies that have no need to compete in the open market because the market already belongs to them. The author has only proven that privatized health care does not serve its intended promise of efficacy if there is no competition.
The higher administration fees and accountability to investors does make the quality of health care service a concern. I cannot deny that running a hospital as a business would be cause to lower costs and increase profit margins, like any business. But what should be explored in further detail is the health care service of the private sector if there were many companies competing for patronage. Would competition inspire creative entrepreneurship and lower costs so that the companies would be able to earn a profit and provide great service? Or would the private companies' service pale in comparison to public services as the book suggests?
Right wing think tanks argue for privatized health care because market competition is a driving force for efficiency. Nevertheless, the examples of inefficient companies the author provides are monopolies or oligopolies that have no need to compete in the open market because the market already belongs to them. The author has only proven that privatized health care does not serve its intended promise of efficacy if there is no competition.
The higher administration fees and accountability to investors does make the quality of health care service a concern. I cannot deny that running a hospital as a business would be cause to lower costs and increase profit margins, like any business. But what should be explored in further detail is the health care service of the private sector if there were many companies competing for patronage. Would competition inspire creative entrepreneurship and lower costs so that the companies would be able to earn a profit and provide great service? Or would the private companies' service pale in comparison to public services as the book suggests?
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