If the states and territories do not sign up to fundamental reform then my message is equally simple: we will take this reform plan to the people at the next election - along with a referendum by or at that same election to give the Australian Government all the power it needs to reform the health system.
But because we in the United States finance our current account deficit by borrowing in our own currency we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries.