In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
The strangest thing about the Sanders agenda is that it does not go far enough. Sanders fails or refuses to address some of the major problems afflicting America today, including the high cost of housing, inequality in the public schools, lack of funds for local government, income insecurity, the pension crisis, student loan debt and the coming crisis in Social Security in Medicare.
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f something as shoddy, as poorly designed and as inefficient as Obamacare can have such benefits, just imagine what would result from a real national healthcare program like the expansion of Medicare to cover all Americans.
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All this being said, Obamacare is a very poorly designed and highly ineffective program that will fail. From what I have seen of it, it is clear that those who designed Obamacare have no real understanding of the realities of American business, economics, healthcare, and insurance.
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The threat to banks is best shown by PayPal’s growth rate. PayPal’s mobile payment volume increased by 72% between the third quarters of 2013 and 2014, growing to $12 billion. Mobile payments now make up 20% of PayPal’s payments. Venmo, a mobile payment App offered by PayPal subsidiary Braintree, saw its payment volume grow by 50% between the third quarters of 2013 and 2014.
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It looks as if Obamacare could be changing the retail landscape by expanding Medicaid. That expansion seems to be driving customers to stores with pharmacies and leaving traditional dollar stores high and dry. One wonders how long Walgreen can continue to profit from that upheaval and how long before Kroger, CVS Health, and Walmart Stores Inc. start expanding their Medicaid business.
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The danger from Ebola is magnified because of who the uninsured are, the working poor: the janitors, food service workers, waitresses, cooks, food servers, cleaners, cleaning ladies, nurse’s aides, bedpan cleaners, butchers, and workers in food processing plants. They are the people who are most likely to be exposed to Ebola, which spreads through infected feces and human body fluids. The two nurses in Dallas became infected by contact with Eric Thomas Duncan, who was nauseous and dying of Ebola.
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