SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tejek who wrote (800536)8/9/2014 1:09:37 PM
From: i-node  Read Replies (2) of 1578501
 
>> Its not just income inequities that have worsened. Since the 1980s, American innovation has been on the decline with the number of new companies on the decline as well. It looks like
the concentration of wealth in large corps is resulting in their domination
and discouraging smaller start ups.

There is no evidence that concentration of wealth has anything to do with it. Government tinkering does, though.

Take the most recent government boondoggle, Obamacare. What we are now seeing is physicians becoming employees of hospitals at an astounding pace. Why? Because they simply cannot deal with the nonsense of government any longer. The idea is that they had that off to the hospital, take a salary, and they're done with it.

Of course, that isn't what happens in the end. I visited my doctor last week for medication refills, something that used to require a "brief" visit at minimal cost. But this time, my doctor chose to review ALL of my labwork from the previous visit, explaining in minor detail what each item meant. He was clearly uncomfortable having to do it. But it is what the government has told him he has to do. Leaving less time for other patients who have real problems, and allowing him to charge more for the visit. Overall productivity, in the tank (my simple medication refill visit took more than an hour). The doctor charges for a 99213 extended visit at 2.5x the cost to me) -- because there is now another mouth to feed (the hospital).

Walmart and Walgreens will be taking over the primary health care business over the next ten years as a direct result of Obamacare (even when Obamacare collapses, this trend will continue).

Who are you going to blame?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News