• 8 Posts
Joined 11 months ago
Cake day: June 30th, 2023


  • Education went up in cost because nothing was stopping it from going up and everything else is so broken it took the place for it.

    Well yeah, that’s my point? Why do you think their customers are able to pay any amount? Because they’re taking government loans.

    Healthcare went up because insurance companies. They are a useless middlemen.

    How did insurance companies increase the cost of healthcare when their goal is to decrease it so they can profit more?

    Cars really haven’t gone up that much.

    New and used cars definitely haven’t gone down in price despite increased mechanization, improved shipping, etc. But yeah out of these things they have the lowest infinite free money behind them.

  • if it wasn’t for privatized insurance mucking the whole thing up

    Insurance companies aren’t saints, but their whole goal is to keep costs for themselves low so they can pocket the premiums. A lot of factors go into driving up health care costs, this is nowhere near all of them but to name a few: AMA keeping residency slots low to control supply of doctors and keep wages high, high educational cost meaning doctors require higher pay, long education needed(high lead time on new medical staff, doctors have some of the longest educational time in the US of anywhere in the world), intellectual property law enforcing drug monopolies, extremely expensive FDA approval process, (?)expensive FDA certification of some equipment(this I’m not entirely sure about- but I suspect its the case), Certificate of Need laws restricting competition in some areas.

    Everyone always jumps to defense spending which is not the problem. Defense spending creates hundreds of thousands of well paying jobs to American citizens. The large majority of the money used to produce military goods goes back into the economy.

    Sorry to say Keynesian economics died.

    Other than that, the first part of your comment is right.