This week, a close relative of mine had surgery. Hence, the escalating costs are very much on my mind today as well as the quality and access to medical care. She has health insurance but as we all know, insurance today costs more and covers less. Simply securing a room for her was ridiculously expensive.
President Obama is organizing a healthcare summit. Curious that even as our economy is suffering from a deflationary spiral, the cost of healthcare continues to spiral out of control. If our political system fails yet again to eliminate healthcare's chronic hyperinflation, most Americans are at risk of debtor's hell. Ultimately, the villains is America's "medical industrial complex" as Vice President Biden's chief economist, Jared Bernstein puts it.
We have appeased these predators for too long. The medical industrial complex is an evil empire that once and for all needs to be conquered on behalf of wage earners and small business owners. With respect to everyday living, the escalating cost of healthcare represents far more than an "existential threat" as we typically describe Iran's nuclear ambitions and imperils our national security to a much larger extent than the Taliban.
No more excuses, no more compromises and no more delays.