The Nonsense About Healthcare Reform
August 11, 2009
– Comments (27)
Regardless which side of the debate you stand, discussing healthcare reform at this juncture of our nation's financial condition is nonsense.
You can't reform something that has no money. Right now, our nation is running a deficit EXCEEDING $2 Trillion dollars. Never before has our deficit been anything close to this amount and its growing.
At this deficit level, we as a nation doesn't have ANY money for health care, welfare, social security, or unemployment. Unless we address the treshold quesion of not having any money, discussing "reform" is simply a distraction.
What we should be discussing is how do we raise revenues to government to afford health care, or how do we cut expenses in other areas to support health care.
One way to raise revenues is raise taxes, the Institute of Alstrynomics has a better plan:
Right now, servicing debt is consuming over $2 Trillion dollars per year which could go to health care reform, social security, general purchase of goods and services, and jobs creation instead of feeding our Zombie banks to give the zombie exectutives massive bonuses.
Right now the Zombulator is destroying our nation...it infected our nation and its cities, schools, counties, hospitals, states, businesses and families with a debt load that simply cannot be repaid without infinite expansion of credit. Now that banks have cut off America from credit, we are beginning to see everything around us shutting down.
With debt consuming most of the earnings on our S&P 500 companies, the PE is now well over 100. Pretty soon, debt will consume practically every dime of corporate revenues and earnings will simply be a memory of the past.
Until we restructure a nation overdosed with debt by the Zombulator, servicing debt will suffocate our economy until practically everything shuts down.
9.09 is coming to your town.
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