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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (800536)	8/9/2014 12:42:53 PM
From: combjelly	Read Replies (1) \| Respond to of 1577982

Not surprising. I think this is not so much due to trickle down itself, but the notion that regulations were weighing companies down. Not only were regulations loosened, corporations were able to essentially, and some times in fact, write their own regulations. Which tends to exclude competition. We don't have free markets any more. And they certainly are not fair. The Great Bellyflop we went through is one of the results of this. We saw this during the 1800s with all of the Panics and Depressions. It wasn't until the 1800s that we had corporations big enough so that a few individual ones could crater the economy. Once that threshold was reached, that is precisely what they did. It took the Long Depression and then the Great Depression before people woke up. We are moving swiftly towards another Great Bellyflop. The fallout of that will radically change the way our economy operates, And that won't be pretty.

To: tejek who wrote (800536)	8/9/2014 1:09:37 PM
From: i-node	Read Replies (2) \| Respond to of 1577982

>> 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?