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To: William B. Kohn who wrote (69916)2/23/2001 12:06:03 PM
From: Tunica Albuginea  Respond to of 99985
 
William B. Kohn, I am very sorry you are unable to see
"the connection ", between

" medical " and the market.

Perhaps this will re-invigorate your vision:

Wall Street Jour. had a complete insert/section on this a couple of days ago
because they thought it was that important to business and the market.
Amongst other things they stated that
" a large part of Americans' fat paycheck 1994 - 2000
was due to lower health costs and them cashing in the difference ".
Health inflation was near zero.

The problem now the Journal says is that,

"-Health inflation is rising rapidly.
-The HMO part that was most responsible for zero inflation, limiting care,
is now out the window: People can choose the doctor and
what test to have.
Cost containment is out the door."


And the latest gloom and doom from Mercer in Medical

" Employee health costs rise 8.1% in 2000; double-digit
rise forecast for 2001 "


wmmercer.com

And this is only the beginning Bill.If we get a
Drug Plan for seniors and The Biotechs have their way,
get ready to apply for Welfare.

There exists a whole world outside of engineering William.
Worth taking a look at it from time to time
( if for no other reason than to avoid painful surprises
such as getting caught in current market decline,
which is due to higher PPI and CPI,
which is due to higher energy and medical .
No spin will spin the truth out this time Bill.
Bill and Hillary are in Harlem , trying out
a different spin this time with The H. Globetrotters... ),

TA

===================================
you said



Message #69916 from William B. Kohn at Feb 21, 2001 5:51 PM

God, The name of this forum is MDD and I keep getting crap about Medical issues. I really wish you had the common courtesy to start your own thread and debate the issue there. It is rude to bother people with stuff they simply don't care about, even if you think they should care about it.
Be a good SI member and post things where they belong! I am getting fed up.

Bill