Filibuster CartoonsTitle: Health care growth (click to view)
Date: December 26, 2010
The bean counters over at International Monetary Fund have released their traditional batch of predictions for next year's global economy, with Canada's forecast being a bit of a mixed bag.
On the one hand, Canada continues to enjoy praise for its comparatively stable banking industry and housing market, low interest rates, and efficient stimulus spending. On the other hand, the country continues to face strong criticism for its incredibly high rates of personal debt,
which are the single worst in the western world, and the ballooning costs of some of its social programs.
On the latter front, the IMF
particularly singled out the Canadian health care system as an unsustainable ticking time-bomb of unsustainable expenditures. Many provinces are now devoting close to 50% of their budgets to health care-related spending, at a cost of around $5,500 per citizen, per year. Such costs, likewise, only go in one direction.
Almost all charts relating to Canadian health care costs look identical, which is to say, a huge diagonal line climbing ever rightward.
In contrast to the IMF, however, Canadians are not generally bothered by such data, which they have been told by generations of political leaders is really
no big deal. This isn't because the politicians have some secret plan to reverse the trends and bring costs under control before they bankrupt the country, mind you, but rather because they've found "defending health care" against any change to be a remarkably useful political talking point to rile up voters. "Free" health care has long been one of Canada's most cherished national myths, with the childish economic ignorance needed to sustain such a belief one of Canadians' least attractive qualities.
The IMF would like to see 2011 be a year in which Canadian politicians actually speak to their citizenry in an open and honest fashion about the long-term costs and consequences of maintaining this sacred cow, and bring in some of the private-sector reforms that will be necessary if we are to slowly shift some of the weight of the nation's health burden off of the crippled back of the state.
What a cute idea.