A pledge from the campaign to

Creating credit jobs

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Get off your high horse

This pledge closed 7 months ago

How this will help

Republicans, accept this job plea: please help bring about a rule change in healthcare so that its market for lemons is abolished. Akerlof received the Nobel Memorial Prize in Economics. His paper describes the market for used cars as an example of the problem of quality uncertainty. A lemon is an American slang term for a car that is found to be defective only after it has been bought. Akerlof concludes that owners of good cars will not place their cars on the used car market. In the same way many medical treatments such as those of most adult cancers are lemons. People receive chemotherapy that is expensive, toxic, and - most of the times - pointless. Those lemons in medicine bring stagnation. Right now, healthcare is a huge cost to the economy that brings debt and job loss. Lacking regulation to drive the information economy forward is the root cause of `the bad driving out the good` in the healthcare market.

According to Huppes Kemp, the one-payer system allowed Dutch spin doctors to take control of public opinion about healthcare. The marketing budget of the Dutch state is large, while no money is spent on the assessment of the medical results of the system. The state uses computer technology to control the Dutch in every aspect of their lives. Dutch politicians make sure that the state`s far-reaching influence on healthcare is not discussed in public. Anyone claiming any medical benefit outside the scope of the state healthcare package gets a fine of thirty thousand euro per incident. Anyone critical of the system is sued by the Dutch state institutes. The Dutch political elite is fighting a turf battle. All innovation has been abolished. The complete Dutch pharmaceutical industry went bankrupt.

Democrats, please accept that one-payer systems do not create credit jobs. The downside of the Dutch one-payer healthcare system is a cost crisis. Its expenditure currently ranks as the second highest in the world: 15 percent of gross domestic product (624 billion euro in 2012). Only in the United States is the percentage spent on healthcare even higher, at 17.4 percent.

The author team known as `Huppes Kemp` has been writing articles and books (The Dutch Institute is their latest book) about the much needed game change of the Dutch social healthcare sector for a great many years. In the Financieele Dagblad among other publications, Huppes Kemp is fostering the political will to unleash credit jobs.

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