Socialized Health Care May be "Finnished"

Looks like the socialized health care system in Finland is in big trouble. Who could have ever seen this coming?

Finnish nurses may quit en masse

Nearly 13,000 nurses across Finland are threatening to resign next month in a pay row, trade union officials say.

The Union of Health and Social Care Professionals (Tehy) is demanding a 24% wage increase for its members over 28 months, rejecting employers' 12% offer.

Tehy says half of its 124,000 staff are struggling to survive because of low pay, and many now want to work abroad.

If no compromise is found, the mass resignations will cripple Finland's health care system, the union warns

But ... but ... but to hear the socialists tell it, price fixing and nationalizing health care (otherwise known as HillaryCare) is the perfect solution.

So how has price fixing affected the incentive to work in the health care field?

Nurses in Finland's public sector say they are poorly paid and often have to cope with huge workloads.

A nurse's average salary is about 1,900 euros (£1,324), compared to 2,300 euros (£1,602) average pay for full-time workers across the country, Ms Reijonaho said."

According to my calculator, by these figures the nurses are making about 82% of average full time workers. Many have moved away.

Thousands have moved to Sweden and especially Norway since the 1990s because salaries there are so much better," she added.

Of course, that if free market economics coming through the fog of socialism.

What all socialists/communists never grasp is you can fix prices, establish production quotas and trade protections, but you can not force someone to work productively in a given field.

Only the incentive of self-interest (as identified by Adam Smith in 1776) can do that.

Beware of socialized health care, folks.

You just might get it.