Washington’s Central Planners Push The Sick Care Bubble Closer To Collapse
I think many people in our nation have a hard time separating reality from fiction. Especially those who are very active in political parties. ie, Who ignorantly outsource their perceptions of reality to the con man or the grifter. The changes in our nation have happened over such a long period of time that we have habituated to complete lunacy. We accept the absurd as normal. Not only are we in the largest financial bubble the world has ever seen, but it has many real world consequences beyond the financial sector. The bubble is far wider and deeper than asset prices. One of those many “wider and deepers” I have written about is the U.S. sick care system or the medical-industrial complex.
In the 1990s I knew countless people who were in their late 20s to mid 30s who were so close to retirement they could taste it with millions in stock grants and massive salary and commission bumps. I mean massive. Some people saw sales commissions exceed a million dollars when just a handful of years before, they were making 10% of that. It all came crashing down. All of it. In its wake the people who believed the insanity were often decimated. Employment collapsed, wages collapsed and the corporate overproduction and overconsumption of IT-related businesses disappeared like the mirage it was.
To date, no one actually knows who has actually paid for actual Obamacare. That doesn’t stop the bureaucrats from feeding us endless lies and deceits. The world has become so insane I can’t even believe it. For someone who wrote about most of this socioeconomic coming to pass for years in advance, it’s far worse than I ever could have imagined.
As I noted some months ago, I believe it is likely we will look back on this moment and recognize that this was the beginning of the sick care bubble popping. And, it clearly is a bubble. A bubble created through the force of corporate state central planners. Things are pretty bad when the Washington mouthpiece, the New York Times, runs a major article highlighting what everyone who lives in the real world already knows; we are all slaves to the Soviet-style central planning leviathan in Washington that has destroyed America. A leviathan that enriches those who willingly participate in the class-based predation of their fellow man for their own self-interested egomania. (This is a nice article similar in absurdities and state-created and enforced violence to the one I put up last year on the sick care system sourced from Reason.com)