Sorry, folks, but everything DOES trickle down, whether from business profits or government expenditures - and both in a positive and negative sense. Its not always linear, but there is ALWAYS an ULTIMATE connection between little old us and the large scale economic realties. Higher profits may not always mean more jobs and better wages for us locally in today's global economy(they may shift overseas), but I can guarantee that lower profits, and higher costs, will ALWAYS have a NEGATIVE effect on our employment benefits and opportunities. Higher government expenditures and costs also trickle down, either by higher taxes or inflationary pressure on what we buy. In economics everything is connected, one way or the other.
People complain about jobs shipped overseas to lower wage manufacturing. Well, has anyone checked out how cheap, relatively speaking, many of the things we buy are today - especially electronics, and clothes, for example? A decent winter coat at Walmart for $20-30. A 50 inc. HDTV for $400. Hell TVs were costing that when I was a kid and our monthly income wasn't much more! Your dollars/Euros, etc are worth what they will buy - period.
As far as health insurance, here is some perspective:
I've always had health insurance every day of my life. My folks paid for it and we were barely at the bottom of the middle class, at best.. I paid for it, or got it from the Navy or my state job. I chose a lower paying job, because of the health insurance - an offset for lower wages. My folks paid for catastrophic insurance - iow, really insurance, not prepaid total care, as today.
The problem is everyone wants someone to provide them health insurance today, but no one wants to pay for it - and pay for it we always do, one way or the other.
Insurance costs going up? Sure, first because they can - there really isn't enough competition in insurance for one thing. When there is, the losers leave the market. Second, there are constantly more and more coverage requirements mandated by law - who pays for that? Your employer? In lieu of higher wages,or higher prices on their products - which someone buys. Government programs - think, taxes, deficits financed by other countries, like China, ultimately inflation, or worse. And so on.
If you are in the US, look at taxes overseas, before you scream for "free" health care. Government health advocates don't like to talk about wait times, but people should recognize that reality, also. I cannot say I necessarily oppose "universal" healthcare on principle, as things have evolved to the present day, with insurance companies already "managing" your care, but if you favor it, you better have your eyes wide open.
At present, only 50% of people pay federal taxes. Telling the other 50% that they must now pay more taxes to support the other halves' health costs, will not fly. That's why the higher prices for insurance people are paying to support all those who don't have to pay, or pay as much, for it, has made so many people upset with Obamacare - that was not supposed part of the original deal.
You may still strongly support universal health care - but you better face the economic realities. They will face you , in any case.
I am in no inclination to get into an argument over universal health care, but I do stand behind the perspective I've given, as an offset, at least, to what I consider to be some disingenuous, politically tainted information that often dominates the subject.
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