Medicare Advantage – the commercial alternative to traditional Medicare – is drawing down federal health care funds, costing taxpayers an extra 22% per enrollee to the tune of US$83 billion a year.
For-profit hospitals jacking up prices matches a similar story of predatory corporate practices on grocery costs and housing prices. It's not market supply and demand. Corporate giants have figured out how to rip people off more effectively.
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Richard D. Wolff
Independent Media Institute - Economy For All
Both Trump and Biden imposed high tariffs on imported products made in China and other countries. Those impositions broke with and departed from the previous half century’s policies favoring “free trade.”
Hospital pricing is impenetrable to consumers and regulators alike. The result: increased costs and profits, and wasteful reliance on armies of middlemen.
Former employee says software giant dismissed his warnings about a critical flaw because it feared losing government business. Russian hackers later used the weakness to breach the National Nuclear Security Administration, among others.
While blaming inflation for rising prices, the country’s biggest food and restaurant companies are raking in billions and showering shareholders with payouts.
Both homelessness & inflation are the result of America allowing housing to become a commodity that can be traded & speculated in by financial markets & overseas investors...
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