12 August 2009

CAPITALISM ON HEALTH CARE

I've always been a fan of The Wall Street Journal as a news source because the overall philosophy of the paper is to provide information for people trying to earn money. They tend to (heart be still) eschew practicing subjective journalism for objectivism.

"With a projected $1.8 trillion deficit for 2009, several trillions more in deficits projected over the next decade, and with both Medicare and Social Security entitlement spending about to ratchet up several notches over the next 15 years as Baby Boomers become eligible for both, we are rapidly running out of other people’s money. These deficits are simply not sustainable. They are either going to result in unprecedented new taxes and inflation, or they will bankrupt us."

Pretty succinct summary.

Want to argue health care theory? Go HERE and read this piece for some intelligent, honest and rudimentary (capitalism-wise) pointers on how to achieve health care.

You'll also want to check out THIS for some facts on health care.

This isn't SRM (state-run-media) BS ... this is a business perspective (you remember business, right? That's what Americans were best at before obamanomics).

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