Greece Ordered to “Consider” Privatizing Health Care

(Guest post by Greg Forster)

Under the latest amazing plan, it’s not just the Germans who will be paying for 45-year-old Greek hairdressers to retire to the beaches of the Agean. You and I have that privilege now, too, via a special deal that funnels US taxpayer dollars to the Greece bailout via the IMF.

But it gets better. Real Clear Markets (with story attribution to Investor’s Business Daily) reports the following jaw-dropper:

Greece was told that if it wanted a bailout, it needed to consider privatizing its government health care system. So tell us again why the U.S. is following Europe’s welfare state model.

The requirement, part of a deal arranged by the IMF, the European Union and the European Central bank, is a tacit admission that national health care programs are unsustainable. Along with transportation and energy, the bailout group, according to the New York Times, wants the Greek government to remove “the state from the marketplace in crucial sectors.”

Let’s save the schadenfreude for another time. (Like maybe a time when we might be more able to rise to the challenge of resisting the temptation to indulge our schadenfreude.) Inquiring minds want to know: who demanded this requirement?

The Obama administration?

The Germans?

The French?

The EU bureaucracy?

Is there anyone who could plausibly be behind this without being an astonishing hypocrite?

One Response to Greece Ordered to “Consider” Privatizing Health Care

  1. Patrick's avatar Patrick says:

    Swedish economist says market is what makes Sweden wealthy: http://www.youtube.com/watch?v=vG51uCrYxVM&feature=player_embedded

    also says, don’t try European healthcare because American bureaucracy is big, bloated, slow, and ineffective.

Leave a comment