I came across the video below of Peter Schiff “interviewed” by Ed Schultz. This has to be one of the worst interviews I’ve seen. Schultz simply wasn’t interested in constructive questioning or dialog. It was clear Schultz entered the interview with the intent of shouting Peter down. This was annoying at best and disrespectful at worst but getting beyond that, Schiff brought up a point (between 7:07 and 7:18) that I’ve questioned before.
I want people who now get health insurance from their employers to get money – to get wages instead that are not taxed and they can make a decision if they want to buy healthcare or if they want to buy something else.
The problem I have with this is that it equates the need of health care with the desire for every other consumer product on the market. Schiff doesn’t seem to think that health care should be seen as any different than the production of cars or Frisbees. So let’s say that one chooses not to buy health insurance and their gamble doesn’t pay off. They get sick. A car salesman has no ethical obligation to sell someone a car when they’ve spent their dollars on something else. A toy store owner won’t feel a compassionate impulse to sell someone a Frisbee when they’ve spent their income on something else. Should doctors be put in a position to say, “Sorry about that cancer, buddy. Next time you should think about making better economic choices. I hope you’ve learned your lesson.”
Either I’m misunderstanding Peter’s proposal or his approach is void of any humanity. Don’t get me wrong, I’m not against the free market. I just don’t see that the efficiency of the free market on its own can sufficiently meet essential human needs.