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How To Make Trillions Of Dollars

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41–50 of 144 posts

Re: How To Make Trillions Of Dollars

#41
post #26

Great points. But: How do you make a living while combatting this? I am torn on the question of universal medical coverage, for complex reasons that I imagine no one here wants to hear. I am wondering, though, if anyone has any ideas on how America could implement government funded, universal healthcare, what pitfalls we should look out for, etc.

I am a Canadian who has lived for several years in the U.S., and I now live in Australia. I can say unequivocally that despite its problems, socialized medicine (the Canadian system) is far superior to what I experienced in the U.S.. In Canada, I need health services, I go get it. Period. In the U.S., I have to make sure I go to the right doctor, deal with the insurance company, worry about weather the insurance comp…

Oh, I am abundantly familiar with the good points of federally funded healthcare. I have never* had to deal with health insurance as a consumer, though I paid insurance claims for five years. My father and ex husband were both career military and are both military retirees. I have been a military dependent my entire life. Given the length of my marriage, as long as I don't remarry, I am entitled to free medical coverage for life.

But: I nearly died twelve years ago. I am clear my excellent medical coverage, which helped me get good dental care, helped poison me. I have spent the last twelve years getting well instead of politely dying from my genetic disorder like the world would like me to do. I used to have an extremely good friend in Canada and I am abundantly familiar with the fact that Canadians who live along the border sometimes drive to the U.S. and pay out of pocket in order to get around the sometimes months long waiting lists common in Canada, and there is a complex relationship between the American system and the funding of drug research globally. As I understand it, in general terms, the U.S. takes the brunt of the costs of new drugs and pays crazy high brand name prices for a decade to cover the sunk cost of research and then after we have covered this essential cost, it becomes a generic and is marketed globally at much more reasonable prices. So it is possible that drug research could come to a virtual standstill if the American system changed.

Furthermore, military members, military retirees, and government employees operate under a very different system from general civilians. There isn't just one American system. And military service is, from what I gather, far more common in the U.S. than in many other countries.

So as I said initially: I am conflicted. I think it is far more complex than most people realize. But having worked for an insurance company, I am inclined to believe that if the world decided "health insurance" (edit: of the "major medical" variety) was the Darth Vader of our galaxy and should be hunted down and made extinct, most likely the world would be a better place. So I return to my original question: Anyone have any thoughts on how to accomplish that in the U.S.?

Thanks for replying and have an upvote.

* Except briefly when my husband was a recruiter and we were stationed somewhere without a base, but it was still different from what civilians live with.

Re: How To Make Trillions Of Dollars

#42
post #20
post #17

Earlier quoted context omitted.

Without further information, your second paragraph sounds like a straightforward correlation/causation fallacy. Can you add context which might dispel that impression?

Sure. The more we talk about it, the more he notices the differences when an employer has to actually compete for employees, not the other way around. People in that country get the same level of care if they have been employed full time for 10 years, or have never had a job, or whatever. Because of this, people are free to move between jobs, or even outright quit if they want, because they know their health will not…

I know a woman who moved from the US to the Netherlands in part because she has severe asthma. There are periods when she cannot work for a month or three, and in the US she'd have trouble keeping her job during those, and then she'd have trouble paying for necessary healthcare. In the Netherlands paying for treatment is a non-issue.

The US economy lost a smart woman with good skills both as a programmer and a project manager because of this. Her contribution to the economy easily outweighs the cost of her health care...

Re: How To Make Trillions Of Dollars

#43
post #37
post #35

Earlier quoted context omitted.

How do you afford your utilities, food and other basics without a job? Freelance?

Two big events happened before I left my job. My car was taken from me, insurance labeled it a total loss. I received money from that. I was also hit by a car while riding my bike. This also provided me with some money. This money, has run out at this point. I have done some freelancing for people, graphic design. I also help my girlfriend run her dog treat business. Arrfscarf.com But most importantly, now that I hav…

I'm an out of college CS grad that just hasn't been hired yet, but I didn't work some soul crushing service job in the meantime. I get what you are saying, though. Christmas was kind of awkward, I ended up spending more in a month than I did the rest of the year just to appease relations.

I've done freelance IT and did some community service since I graduated, but nothing making real buck. My total income in 2012 was like $6,000.

Re: How To Make Trillions Of Dollars

#45
post #26

Great points. But: How do you make a living while combatting this? I am torn on the question of universal medical coverage, for complex reasons that I imagine no one here wants to hear. I am wondering, though, if anyone has any ideas on how America could implement government funded, universal healthcare, what pitfalls we should look out for, etc.

It's already implemented. Medicare is accepted almost nation-wide, there's no system to build. The main opposition isn't logistical, it's ideological.

With the enshrinement of private insurance as a legal mandate, this will never change. That's a padlock on the coffin of universal healthcare.

Re: How To Make Trillions Of Dollars

#46
post #40

Happiness, health and stability are not core objectives of our society. The production of wealth, as measured by GDP, or by the stock markets, or consumer spending, is our yardstick of success. I hope that in the remainder of the century we can can transition to better forms of society where the health and happiness of the general population is more important than the efficiency of our economic structures.

strangely refreshing to read this on HN

Re: How To Make Trillions Of Dollars

#47
post #30
post #25

Earlier quoted context omitted.

I'm not sure that's the whole story. There are lots of reasons to live in Manhattan. Being able to walk or take a quick bus to work is one. Wanting to live in a modern building is another (although there are finally some coming up in Brooklyn). By far the overriding thing keeping Manhattan real estate prices high is housing regulation. Given the density of Manhattan, it should look like Hong Kong in terms of high ris…

By far the overriding thing keeping Manhattan real estate prices high is housing regulation. I'd argue it's actualy the proximity to wealth. Hamptons is not regulated, and look at their prices. Finance, Law, medicine, and Media are all either pyramid pay or actual legal monopoly businesses. The rest is made on inside information, that stems from access that wealth brings to political, academic, and philanthropic circ…

That's a plausible explanation, but I'm not sure I totally buy it. Chicago is the #2 financial center in the country, arguably the #2 legal center, home to major pharma companies, and just chock full of old industrial money. Yet, real estate in the Northside is a lot cheaper than many cities that are far less dominated by finance/law/medicine money. Houston is full of oil and CEO money and is also quite cheap. What's the difference between Chicago/Houston and say Seattle? Wealth? Or housing regulation?

Re: How To Make Trillions Of Dollars

#48
post #40

Happiness, health and stability are not core objectives of our society. The production of wealth, as measured by GDP, or by the stock markets, or consumer spending, is our yardstick of success. I hope that in the remainder of the century we can can transition to better forms of society where the health and happiness of the general population is more important than the efficiency of our economic structures.

I think we would do better to follow Bhutan's lead and start using some metrics along the lines of Gross National Happiness in our analysis of how our country (and world) is doing. Ultimately metrics like GDP are only meaningful to our interests to the extent that they indicate the quality of life and sustainability of improved quality of life for people. We lose sight of where the real underlying value lies far too often.

Re: How To Make Trillions Of Dollars

#49
post #40

Happiness, health and stability are not core objectives of our society. The production of wealth, as measured by GDP, or by the stock markets, or consumer spending, is our yardstick of success. I hope that in the remainder of the century we can can transition to better forms of society where the health and happiness of the general population is more important than the efficiency of our economic structures.

One feature of such a better society is that it should be classless. As long as there is there are segments of society whose happiness, health, and stability are dependent upon the whims of the ruling class rather then in their own hands then these problems will persist.

Re: How To Make Trillions Of Dollars

#50

It's amazing to me how much expense comes out of fear. For example, one of the reasons why Manhattan real estate is so expensive is that people feel a need to live here in order to keep up their professional status. Not to limit their commutes, but because the really evil law and financial firms stop promoting you as soon as you move off the island. So they spend $5 million on a house, as opposed to, for example, not…

Utter nonsense. I used to work for an "evil" financial firm in Manhattan and almost every executive I knew that had a family lived outside the city.

Not all financial firms are evil. Not all evil firms have that prejudice. However, there are evil firms that do.
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