Tuesday, July 14, 2009

Why are unemployment rates so high in nations with socialized medicine?

...As compared to the USA at 4.6%



France 9.90



Germany 11.70



Italy 7.70



Belgium 8.40



Spain 9.20



Canada 6.80



China 9.00



European Union 9.9



Why are unemployment rates so high in nations with socialized medicine?credit check





Because as the dollar slips in value it becomes cheaper to produce goods in the US. Combine this with the fact that most believe that much of our low unemployment numbers come from people giving up on finding jobs (if people quit looking and quit filing the numbers go down even if unemployment goes up), inflation with wage stagnation making it easier for companies to hire workers, and the fact that if you get free health care their is less reason to work, and boom, lower unemployment rate...



Why are unemployment rates so high in nations with socialized medicine? loan



Why are you inferring a relationship?



On what criteria do you make an assumption that unemployment and universal health care are related?



Can you show me any published authoritative studies?



If anything, here in America, universal health care would CREATE jobs.|||What has that got to do with anything?



They all have capitalist economic systems...



Why can%26#039;t capitlism provide employment for everyone?|||Remember the 80%26#039;s 11% of Americans out of work.



Socialized medicine has nothing to do with unemployment ratings, however if a person chooses to be unemployed he still has health care, so just think of the power that would give us, the hell with wall-mart I%26#039;ll just work doing what ever and still have health care.



So do you see the advantage this would give the workforce.|||The common belief is that high taxes stymie business, innovation, and therefore, job creation.



I live in Canada. We do have fairly high taxes, and there are some problems with the health care system, but it%26#039;s always been there when I%26#039;ve needed it.



Unemployment is relatively low in Canada, and the standard of living is fairly high.



We are sometimes condemned by the US because what we spend on health care we could be spending on our military.



I wish I never had to use a health care system because I hate doctors.|||With the exception of China which has problems on top of problems.



Standards of living are all higher in all these countries/supranational organizations than in the USA.|||If you find a reason behind this link you will have point against socialized medicine.



I doubt you will. I can%26#039;t see why socialized medicine would effect employment. Prove me wrong.|||I have tried to research for an answer and came up with this.



Some economists have found high correlations between government spending as a percentage of GDP to unemployment from 1981 to the present using data from the Bureau of Labor Statistics. The correlation between government spending was actually negative during the 1940 to 1980 period; however, the Misery Index was steadily rising during this period.



These same economists state that the unemployment supply curve is actually vertical, that labor will work under any condition provided work is available, and the economic element with the most power to shift it is government.



But there is considerable debate on the topic. Read further if you care to.



http://en.wikipedia.org/wiki/Unemploymen...|||Sweden: 5.6



Denmark: 3.8



Norway: 3.5



Luxembourg: 4.1



Netherlands: 3.2



Australia: 4.9



And your point is??|||Because we measure the unemployment rate differently than they do - theirs is the right way - ours doesn%26#039;t include people not collecting unemployment or actively looking for a job.|||I doubt if unemployment figures are related to health care in any way to lay such a claim, as, you have.|||I have to agree with everyone else who%26#039;s answered this. Universal HC would raise employment in this country. Large corporations that shell out millions in shared or fully paid medical premiums for employees would have much deeper pockets as that money would be freed up.



Compensation would RISE, not fall.|||Funny you missed out Britain with an unemployment rate of between 5.5% and 5.8%, which also has a publicly funded healthcare system....



I not sure what your asserting, because there is no correlation between unemployment and the funding of a nation%26#039;s heathcare system...

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