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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Little Joe who wrote (98800)6/22/2009 6:37:37 PM
From: Sultan5 Recommendations  Read Replies (1) of 116555
 
This column is written by an American who has lived in Canada a long time..

U.S. health care terminal

Diane Francis, Financial Post
Published: Tuesday, May 19, 2009

Universal health care is a cornerstone of smart economic policy. If a worker in Canada or Europe or Japan has lost his or her job this recession, it's a psychological and financial blow.

But if a U. S. worker loses his or her job, the family faces financial ruin if sickness strikes any member because they are without health-care coverage. Bridge coverage is available but unaffordable for anyone but the wealthy.

Worse yet, if a major illness is diagnosed during unemployment, a workers becomes unemployable, bringing on a life sentence of poverty.

Contd..

financialpost.com
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