Best of the Week
Most Popular
1. US Housing Market House Prices Bull Market Trend Current State - Nadeem_Walayat
2.Gold and Silver End of Week Technical, CoT and Fundamental Status - Gary_Tanashian
3.Stock Market Dow Trend Forecast - April Update - Nadeem_Walayat
4.When Will the Stock Market’s Rally Stop? - Troy_Bombardia
5.Russia and China Intend to Drain the West of Its Gold - MoneyMetals
6.BAIDU (BIDU) - Top 10 Artificial Intelligence Stocks Investing To Profit from AI Mega-trend - Nadeem_Walayat
7.Stop Feeding the Chinese Empire - ‘Belt and Road’ Trojan Horse - Richard_Mills
8.Stock Market US China Trade War Panic! Trend Forecast May 2019 Update - Nadeem_Walayat
9.US China Trade Impasse Threatens US Lithium, Rare Earth Imports - Richard_Mills
10.How to Invest in AI Stocks to Profit from the Machine Intelligence Mega-trend - Nadeem_Walayat
Last 7 days
Technical Analyst: Gold Price Weakness Should Be Short Term - 24th May 19
Silver Price Looking Weaker than Gold - 24th May 19
Nigel Farage's Brexit Party EU Elections Seats Results Forecast - 24th May 19
Powerful Signal from Gold GDX - 24th May 19
Eye Opening Currency Charts – Why Precious Metals Are Falling - 23rd May 19
Netflix Has 175 Days Left to Pull Off a Miracle… or It’s All Over - 23rd May 19
Capitalism Works, Ravenous Capitalism Doesn’t - 23rd May 19
The Euro Is Bidding Its Time: A Reversal at Hand? - 23rd May 19
Gold Demand Rose 7% in Q1 2019. A Launching Pad Higher for Gold? - 23rd May 19
Global Economic Tensions Translate Into Oil Price Volatility - 22nd May 19
The Coming Pension Crisis Is So Big That It’s a Problem for Everyone - 22nd May 19
Crude Oil, Hot Stocks, and Currencies – Markets III - 22nd May 19
The No.1 Energy Stock for 2019 - 22nd May 19
Brexit Party and Lib-Dems Pull Further Away from Labour and Tories in Latest Opinion Polls - 22nd May 19
The Deep State vs Donald Trump - US vs Them Part 2 - 21st May 19
Deep State & Financial Powers Worry about Alternative Currencies - 21st May 19
Gold’s Exciting Boredom - 21st May 19
Trade War Fears Again, Will Stocks Resume the Downtrend? - 21st May 19
Buffett Mistake Costs Him $4.3 Billion This Year—Here’s What Every Investor Can Learn from It - 21st May 19
Dow Stock Market Trend Forecast 2019 May Update - Video - 20th May 19
A Brief History of Financial Entropy - 20th May 19
Gold, MMT, Fiat Money Inflation In France - 20th May 19
WAR - Us versus Them Narrative - 20th May 19
US - Iran War Safe-haven Reasons to Own Gold - 20th May 19
How long does Google have to reference a website? - 20th May 19
Tory Leadership Contest - Will Michael Gove Stab Boris Johnson in the Back Again? - 19th May 19
Stock Market Counter-trend Rally - 19th May 19
Will Stock Market “Sell in May, Go Away” Lead to a Correction… or a Crash? - 19th May 19
US vs. Global Stocks Sector Rotation – What Next? Part 1 - 19th May 19
BrExit Party EarthQuake Could Win it 150 MP's at Next UK General Election! - 18th May 19
Dow Stock Market Trend Forecast 2019 May Update - 18th May 19
US Economy to Die a Traditional Death… Inflation Is Going to Move Higher - 18th May 19
Trump’s Trade War Is Good for These 3 Dividend Stocks - 18th May 19
GDX Gold Mining Stocks Fundamentals Update - 17th May 19
Stock Markets Rally Hard – Is The Volatility Move Over? - 17th May 19
The Use of Technical Analysis for Forex Traders - 17th May 19
Brexit Party Set to Storm EU Parliament Elections - Seats Forecast - 17th May 19
Is the Trade War a Catalyst for Gold? - 17th May 19
This Is a Recession Indicator No One Is Talking About—and It’s Flashing Red - 17th May 19
War! Good or Bad for Stocks? - 17th May 19
How Many Seats Will Brexit Party Win - EU Parliament Elections Forecast 2019 - 16th May 19
It’s Not Technology but the Fed That Is Taking Away Jobs - 16th May 19
Learn to Protect your Forex Trading Capital - 16th May 19
Gold Ratio Charts Offer The Keys to the Bull Market - 16th May 19
Is Someone Secretly Smashing the Stock Market at Night? - 16th May 19

Market Oracle FREE Newsletter

U.S. House Prices Analysis and Trend Forecast 2019 to 2021

NHS runs out of money - Despite a £100 billion budget , time to privatise ?

Politics / Strategic News Jan 03, 2007 - 11:55 PM GMT

By: Nadeem_Walayat

Politics

NHS trusts up and down Britain have reportedly run out of money, and as a consequence are cancelling routine operations such as treatments for varicose veins, teeth etc. We highlighted this possibility in our article of 25th December 06 - The NHS is killing Britain as it wastes tens of billions every year , Hospital trusts continue to request billions more as GP's are told to refer fewer patients to hospitals. As well as hospital departments being told to turn patents away.

Whilst in the meantime, the debt that has built up through utter incompetence and mis-management by NHS Trusts CEO's, that have in some cases tripled salaries of none front-line staff, which is the primary reason why £100 billion per year is not enough to meet the needs of patents, despite reduced patient load due to lengthening in waiting lists


NHS runs out of money - Despite a £100 billion budget

A think tank today claimed (Reform) performance by local health authorities had actually reversed despite record funding going into the system. "The evidence is that the service is in a weaker position than in 2004," the report's author, Nick Bosanquet, said. Well that would seem obvious to users of the NHS service right from GP's straight to health departments are failing to do the job they have been paid to do, which includes tripling of salaries.

The United States had Enron, Britain has the NHS. The Enron fraudsters were eventually held to account. But those responsible for wasting tens of billions per year will likely never be held to account !

The NHS is not working, and throwing another £10 billion at it is not going to make any difference. In my opinion it is time to make the NHS accountable and give the say back to the patients who via vouchers can take their treatment to whichever GP they choose to or whichever hospital, be it an NHS hospital or private hospital. Because the current system is a disaster ! It is time it privatise the NHS, rather then in another decades time wonder why the UK tax payer is wasting £200 billions a year on an health service that does not work, rather employs people for employments sake.

The 1.2 million people on the NHS gravy train should be dragged kicking and screaming to the market place where incompetence cannot be ignored. Already the Trades Union Council is gearing up to protest against any job losses amongst those on the NHS gravy train. Despite the fact that the NHS clearly employs too much dead wood. Who balk at any attempts at the introduction of market mechanisms into the NHS that may make a small dent in the financial black hole that the NHS has become.

It would probably be cheaper to use the £100 billions per year to fund patient treatement in which ever private hospital in which ever European Country. Then the British tax payer would recieve value for money and the patients would recieve the health care they deserve.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules