Quotulatiousness

April 19, 2011

Things that keep on rising in price … like healthcare costs

Kevin Libin points out that Michael Ignatieff may have been even more accurate than he himself realized:

The politicians are finally talking about it, but if you listened to what Mr. Ignatieff said during last week’s English-language debate, you might have found yourself feeling a bit depressed. Perhaps because the Liberal leader effectively argued that if Canadians wanted to keep getting decent medical treatment, they were going to have to learn to live without lots of other things.

“This comes down to a moment of choice,” Mr. Ignatieff intoned. Canadians could either vote for personal income tax breaks, planned corporate income tax cuts, new equipment for the Canadian Forces, all promised by the Conservatives, or, he said, “you can support health care.”

To be accurate, he used language that was far more politically loaded (“multi-million dollar expenditure on prisons … big gifts to upper-middle class Canadians”), but his message was the same: affording public health care means sacrificing other possible priorities.

There’s certainly much to suggest he’s got a point.

If our healthcare costs keep rising, unbounded by any kind of cost control, it will either consume the economy, or cause its collapse. And, of course, the large number of soon-to-retire Baby Boomers are about to need much higher health spending as the natural aging process starts taking its inevitable toll. Fun times ahead, folks.

Already, nine out of 10 provinces spend the majority of their own source revenues (which excludes federal transfers) on health care, according to the Fraser Institute’s report “Canada’s Medicare Bubble.” Only Alberta is just barely under 50%; Nova Scotia spends 88%.

With all the good will in the world, the government can’t keep increasing their healthcare spending . . . they’re almost out of money already.

September 28, 2010

Most self-indulgent generation now also most suicidal?

Filed under: Britain, Media, USA — Tags: , , , — Nicholas @ 12:06

Baby Boomers. It’s always about the frickin’ Baby Boomers isn’t it? Even if according to demographers I’m supposed to be one of them, while your prototypical Baby Boomer was indulging in free love, drugs, and all the other 60’s behavioural abberrations, I was in primary school. I have never identified with that group, and I’m often struck by how self-regarding members of that demographic can be.

Well, perhaps after a life of unparalleled opportunity, wealth, leisure, and general wallow-in-it-ness, Baby Boomers are starting to retire . . . and also killing themselves in numbers not seen in previous generations:

“As children, the baby boomers were the healthiest cohort that had ever lived, due to the availability of antibiotics and vaccines,” Idler says. “Chronic conditions could be more of a rude awakening for them in midlife than they were for earlier generations.”

Given the contrast between the Boomers’ passage through life and that experienced by their parents, one might suggest that they simply brace up a bit and get on with it. This might, however, be bad news financially for the following generations who are already saddled with the task of paying for the Boomers’ wastrel stewardship of the global finances, prolonged and luxurious retirements, hip replacements and various other costs and expenses.

It may be, as we look back from a more austere future in which the retirement age has been raised to 85 or so and the elderly — far from guzzling pina coladas on cruise ships whilst simultaneously occupying badly-needed residential property — are compulsorily relocated to robot-staffed retirement homes, that we will regard the Boomers as the jammiest generation ever to have lived. Their apparent propensity to top themselves out of drug-addled foolishness, in a tantrum at the “rude awakening” of middle age, or simply like mindless sheep because they have seen others do so, will be all the more puzzling.

November 27, 2009

Cars for an under-served market: aging boomers

Filed under: Humour — Tags: , — Nicholas @ 12:14

Jim Shea looks at the design innovations needed to serve the new growing market for appropriate vehicles for aging baby boomers:

What is missing is a vehicle specifically designed to accommodate baby boomers and their ever evolving driving needs.

The car I have in mind for this huge block, the Coupe de Coot, would include the following characteristics:

Size: The older people get, the larger the vehicles they prefer. If Buick made buses, you wouldn’t be able to get a parking spot at the senior center. The Coupe de Coot would make a Hummer look like a Mini Cooper.

Windows: They would be large and wrap-a-around to afford excellent visibility in all directions at all times. Also, the glass would automatically tint after dark to produce a night-vision goggles effect.

Turn signals: The interior indicator lights would be the size of frying pans, flash like emergency strobes when engaged, be accompanied by a Big Ben-level bonging sound, and automatically turn themselves off after an hour.

H/T to Kennedy How for the link.

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