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I submitted the following: "I would Make America Great Again by forcing the medical monopolies to break up, by prosecuting them under 15 USC (the Sherman, Clay
by erbo 10y ago
I submitted the following:
"I would Make America Great Again by forcing the medical monopolies to break up, by prosecuting them under 15 USC (the Sherman, Clayton, and Robinson-Patman Acts), which the President can direct to be done on his own, without input from Congress. This would cause prices of medical goods and services to drop by 50-80% or more, solve many of our economic problems, and usher in a new era of prosperity. See the writings of Karl Denninger for details, www.market-ticker.org."
If we don't do this, and if it isn't done within a year, the Federal Budget and economy are headed for collapse. See: https://www.market-ticker.org/akcs-www?post=231661 https://www.market-ticker.org/akcs-www?post=231661
- refurb 10y agoExactly what medical monopolies are you referring to? Hospitals, insurance companies and drug companies are pretty fragmented markets which is one of the reasons for the complexity of US healthcare and high costs.
- grzm 10y agoFrom the link provided by gp, they may be referring to Medicaid and Medicare, though it's not at all clear to me from that page either.
- dragonwriter 10y agoInsurance companies are often I regional oligopolies, hospitals similarly and in some cases regional monopolies, and drug companies (like anything IP-dependent, particularly patent-dependent) are straight-out state-granted monopolies.
- alexmingoia 10y agoWhat do you mean by "monopoly" exactly? It's a vague term both legally and in vernacular. Which medical monopolies are you referring to? Every facet of healthcare in the US can be seen as monopolized. AMA license requirements for doctors are a monopoly... Insurance is monopolized by regulatory compliance... Drug research is monopolized by patents. Are you talking about insurance companies? Healthcare providers? Drug manufacturers? The whole bunch?