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OK. How does Fed policy influence whether or not we get universal Healthcare? Whether or not we have reliable grids? All these are still very much (one could ar
by sanp 6y ago
OK. How does Fed policy influence whether or not we get universal Healthcare? Whether or not we have reliable grids? All these are still very much (one could argues even easier) possible in low interest environments...
- mindslight 6y agoUniversal healthcare is exactly one of those blue tribe proposals that addresses the lack of distributed output, but rings hollow with the red tribe because it does nothing for their sense of self-actualization. You need to be able to understand this if you want any hope of understanding our current impasse. Pragmatically I do agree that universal healthcare is a way forward out of the current ongoing catastrophe. But I'd much rather live in a society where most everyone were able to pay for most of their own healthcare out of pocket, rather than needing fake "insurance" in the first place. And yes low interest looks appealing for short-term business reasons - that's exactly why we're in a spiral. The lower the rates, the more things get financialized, and the more accountants take over pushing myopic models of how much safety margins can be cut.