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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Broken_Clock who wrote (110122)1/22/2016 12:05:28 AM
From: Elroy Jetson1 Recommendation

Recommended By
ggersh

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I think the primary advantage of switching the United States to universal Medicare coverage would be you could finally take your slave collar off.

Currently retired Americans can only obtain healthcare in the United States.

Industrialized nations with universal Medicare coverage have reciprocal agreements, so Australians can receive full Medicare benefits in Europe or Canada, or Europeans the same. You don't realize how limited you are as an American until you look around at what others have.

Of course healthcare in these nations costs less than half our cost per person, primarily because the pharmaceutical companies earn a far smaller margin outside of America, due to the "communist practice" of competitive bidding, and most hospitals are non-profit.

Every Fortune 500 company I've worked for made good use of competitive bidding. But our Congress has determined this "communist practice" is off-limits for Medicare. So typical of what's wrong with America.
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