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but I don't want to get into macro-economic theory here with a bunch of guys who never got past the 10th grade.Al
Once again, you can't make a point without resorting to abuse. Sticks and stones, etc.
Rick
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but I don't want to get into macro-economic theory here with a bunch of guys who never got past the 10th grade.Al
The only entity with enough power, heft, and clout to control costs of healthcare is the Federal government.
Government is NOT a private company. The government can print money and has a built-in market for its debt... but I don't want to get into macro-economic theory here with a bunch of guys who never got past the 10th grade.
SS and Mcare are totally sustainable if we end both wars, cut the military budget by 30%, close all foreign bases, end agricultural subsidies, end earmarks, and end so-called research grants (i.e. corporate welfare) and tax exemptions (like oil depletion.)
They actually teach it in junior college Econ as well... but at the risk of again being accused by Rick of being abusive, let me point out that a huge number of agents here look down on anyone who sought and attained higher education.
a nation-state government can OFTEN out-spend it's revenues because it can monetize the debt. As long as it can service the debt and reduce it from time to time, it can spend more than it takes in.
I stick with my thesis that only a Federal single payor system has the ability to be sustainable...