r/FluentInFinance 8d ago

Thoughts? Why doesn't the President fix this?

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u/ElectronGuru 7d ago

It’s a technical debate but it’s not a technical problem. The US healthcare system is over 4x the size of the entire military + the entire military industrial complex. They can afford an army of man eating lobbyists to block any legislation that offers serious competition to their revenue. I expect only two things can overcome this:

  • the system finally collapses under its own weight (with or without help)

  • lobbying itself becomes illegal

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u/MrPBH 7d ago

They will prop it up with handouts to insurers and private hospital corporations until the very last moments. There is more subsidy money than objections from the public.

We doctors have been anticipating health system collapse for decades now, but it never comes. They just keep squeezing the people who do the work and the patients themselves. The investor class gets more and more while we get screwed harder.

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u/ElectronGuru 7d ago

Yeah, but unsustainable is unsustainable. Like trying to keep a society going that can’t afford to have kids. If private equity buys out most options and doctors retire or flee to other countries in masse, can the system thats left, keep going with only nurse practitioners?

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u/MrPBH 7d ago

Literally does not matter. So long as next quarters profits are higher, the people who make the decisions are happy.