More on the economic crisis and its impact on the NHS. Learning to use scarce resources as if they were scarce.

A couple of weeks ago I posted about the odd dissonance that I experienced between the  discussions I have been having with leading people in the NHS about the impact of the world economic crisis on their own and especially their children’s lives, and the contrast with how they view the future finances of the NHS.

For most people the world economic situation was creating a level of worry about the immediate and long term future of their family finances that left them very anxious. If the crisis really hits would it mean that our living standards went down by 5% a year for four years? What would it feel like for your family to be 20% poorer and what does it feel like to look at your children’s future as being almost certainly materially worse off than their parents.

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