As a follow up to my April report on the Texas Association of Business health care survey, I pass along the following, particularly for the benefit of those readers who took issue with my comments about the now outmoded and pernicious tradition of tying health care insurance to employment. Forbes magazine notes that government now pays 45% of our health care bills and that it is fast approaching 50%! Socialized medicine? We’re close, even without Hillarycare. And, as usual, Milton Friedman offers some pithy insight, as from his recent remarks at a White House luncheon in his honor, which I quote: “Those who spend their own money on themselves are careful about how much they spend and what it buys. Those who spend someone else’s money on themselves don’t care what they spend but are attentive to what it buys. Those who spend their own money on someone else are careful how much they spend but careless about what it buys. Those who spend someone else’s money on someone else aren’t careful about how much or what it buys. That last case is government.”
