Exponentially
Speaking
How the Medical Industrial Complex
Will Destroy the Economy!
Roughly 20% of Americans income goes to the
cost of health care which is double other 1st world countries
including those that have socialist health care systems. A capitalist system as opposed to a socialist
system would deliver higher quality at a lower price due to the free markets
nature of undercutting your competitor(s) and new lowering cost efficiencies. And
yet our costs are double.
Why?
The Medical Industrial Complex colludes - price fixes and employs
tactics such as campaign donations – BRIBES – in order to reduce the overall
level of competition. This in turn has
driven the cost as measured by GDP from 5% to 20% and is growing exponentially. It is now 25% of the Federal budget growing
exponentially as well. Within 10 years,
if left unchecked, this figure could easily double to 50%. If I’m wrong it will be higher.
The consolidation of this industry is moving
at the speed of a meteorite reducing competition and their pricing
significantly. As a nation we are on a
path of health care hell that will suck the life out of our economy. Amazing as it is, the Medical Industrial
Complex is far more powerful politically than the Military Industrial Complex.
Why do they collude? Simple – human nature as it is – it is far
easier to cheat than to push for efficiencies delivering quality and low
prices. Simple as that.
The solution is already with us. The Clayton, Robinson-Patman and the
Granddaddy Sherman Antitrust Acts, if applied aggressively and effectively,
costs would drop by 75%. That’s not a
typo. That is how outrageously as a
nation we are being ripped off.
President Trump if you do not take this on
within your first 100 days – if you plan on running for reelection – YOU WILL
NOT WIN. The economy and Federal budget
(and State budgets as well) will be dragged into the swamp you said you would
drain!
DYI
No comments:
Post a Comment