Browse Month

February 2013

Hospitals are the greediest bastards out there!

While I read a lot of articles that make me angry, I haven’t been as upset as I was reading this piece from Time (link below). My God did it dredge up old memories prior to me going on Medicare and of course how my parents got wiped out when my mother had a heart attack. You can tell me all you want about the free market and healthcare, the fact is as the article noted medicine will ALWAYS BE a “sellers market.” You can, in theory, shop if it isn’t an emergency AND you can actually see the prices and find a competitor with a better deal. But that isn’t the case outside of some elective stuff like lasik or plastic surgery. This isn’t like shopping for a car or groceries.

And I find it hard to believe that such margins are because of malpractice lawsuits. Texas and a few others capped that and they have the fattest hospital costs. This is greed, pure and simple. You want to know why Medicare/Medicaid and most likely the private insurers are gonna go bust? When a hospital charges 40X for a tylenol pill or hell they don’t even have a God damn clue by their own revelations, this gets out of control and fast. It really says something when the medical industry spends 3 times as much lobbying Congress versus the war industry. And don’t tell me that if we bothered to stand up to this that services would be cut, you can still be a hospital and make money charging $5k for cancer medication as you would $17k when even they admit they could….especially if you’re a GOD DAMN NON-PROFIT (the WORST of the bunch!)!!!

Bitter Pill: Why Medical Bills Are Killing Us | TIME.com.

 

 

You were better off in 1965 in terms of wages

I’ve heard a lot of talk in the past few hours about the proposed rate increase for minimum wage. Now I can see, if I were a business, freaking out if they said we’re boosting it to $20/hr if the the bulk of my labor force was in that pay category. But the proposed raise is actually not much of a raise, indeed it does not even make up the Federal Reserve-induced rate of depreciation of purchasing power.

You can tell me all you want that there shouldn’t be a minimum wage or that it should only be something states handle, but the fact is that there is a federal minimum wage and it isn’t going anyways. So, saying all that, here is something to consider, in 1965 the minimum wage was $1.25 an hour which in TODAY’S money would be $9.32/hr. That’s what, if kept with inflation, the minimum wage should have been NOW not in the future but right now. The President’s proposal is STILL BELOW what someone in 1965 was earning, and he wants (from what I can tell) to take into effect in 2015!

Our new American economy via robots

The next phase in productivity in the American economy. As one manager at a logistics firm noted, one robot equaled 1.5 humans. That isn’t all bad, robots are helping manufacturing return back to America’s shores, with albeit a smaller human workforce now managing such machines. The labor cost advantages that nations like China or Vietnam will now be edged out by this industrial Skynet. From law work to military air assaults, the machines are everywhere and the future.