Gougers’ Paradise

The glories of leaving things to “the market” prove themselves from the very outset. Here’s a graph from today’s New York Times:

birth

And, of course, it gets even better! According to the Times:

The chasm in price is true even though new mothers in France and elsewhere often remain in the hospital for nearly a week to heal and learn to breast-feed, while American women tend to be discharged a day or two after birth, since insurers do not pay costs for anything that is not considered medically necessary.

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TB
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TB

This is completely ridiculous. Not only are we the most expensive place to bring kids into the world, but we are apparently lousy at keeping them alive once we do:

http://m.cbsnews.com/storysynopsis.rbml?pageType=health&url=http://www.cbsnews.com/8301-204_162-57583237/u.s-has-highest-first-day-infant-mortality-out-of-industrialized-world-group-reports/&catid=57583237

Well done America.