The Affordable Care Act is another form of Corporatist that will cause ECONOMIC deflation and Fiat Price Inflation For Americans – The Supreme Court dismissed a challenge to the Affordable Care Act – June 18, 2021,
As a Canadian I actually have more family in America than I have in Canada, some of my family in America work for wages, and when I learned how ObamaCare can benefit a wage-earner who WORKS-LESS I immediately could see how ripe with fraud Obama Care/ The Affordable Care Act will be.
When it comes to people on the Political Left, they want to imagine government as this benevolent entity with unlimited access to capital and because they hold this worldview, they often ignore that humans will have to do their dirty work.
As a formerly unionized wage earner myself, my fellow older unionized wage earners compadres use to tell me that in order to avoid paying additional income taxes I shouldn’t do overtime, I should use up all my sick days, consume all of my benefits and consult the union if my boss told me to do something I didn’t want to do.
Now, from an employee’s perspective, they don’t have to pretend to care about the profitability of their employer, as an employee, they make money and they go home. But labor unions are the root cause for corporatism, because, after private companies basically have their private businesses nationalized(via trade unions), it’s in their best interests especially if they’ve gone public to hire lobby groups to grant them loopholes under certain laws.
If you ever wonder why Big Pharma in the United States makes health care in the United States in many ways more expensive than health care in Canada, it’s because whenever an Affordable Care Act law is passed, the corporatists hire lobbyists to grant them special privileges which they usually get, because Government doesn’t administer health care.
a politician isn’t the person doing the surgeries or caring for the sick, those are often UNIONIZED health care workers doing those jobs and even if those employees are unionized, they still have rights under the law, that can force their employer to raise the cost of health care.
For the GOP base, the ACA is about a view of the country that the government is the answer to all of our problems. Here’s why fighting the Affordable Care Act means so much to Republicans | cnn.com
Now, the health insurance companies are basically nationalized, which means if costs of health care rise and those insurance companies aren’t profitable, they’re getting a government bailout This is one of the problems with illegal immigration, health care costs explode. Furthermore, there’s a Health Care Shortage in both Canada and America
Doctor shortage becoming health care crisis in southern Alberta | ctvnews.ca
From an economics perspective, this is a supply and demand issue that Joe Biden is making worse by rewarding people for doing nothing.
Pandemic has made shortage of health care workers even worse, say experts
| abcnews
| Some left the profession “because it was too much for them,” an expert says.
Now in Canada, a lot of Canadians who like to brag to Americans how great our Universal Health Care System is, are usually ignorant to the fact that the Euro-Dollar system is the only thing preventing our Universal Health Care system from collapsing.
When a program is working, there’s usually an abundance of people trying to getting involved when something is not working, fewer people will sign up. The health care shortage is due in large part because the government makes working in health care extremely stressful.
My personal doctor quit, when the government forced him to go digital, he had all of his notes in paper format, and the then Liberal Government of Ontario, told him he had to go digital and the costs for him to do this would be astronomical, but as the Liberal or Left-Leaning Politicians will tell their supporters in order to get votes, doctors are nothing but tax cheats.
I bring this up because the cost of living is going to be forced up some more and although this might equate to fiat money BORROWING, it’s going to also lead to ECONOMIC DEFLATION. I wish the experts would stop referring to the economy as INFLATIONARY, the economy is clearly DEFLATING if the economy was inflating the government wouldn’t have to FIGHT DEFLATION because the RETAIL banks would be lending out money to hard-working people with savings accounts flush with fiat cash.
Right now the U.S central bank known as the Federal Reserve has to artificially suppress interest rates to hell the government with their failed socialist ideas to stimulate growth? Whoever claims this economy is inflation is a freaking idiot!
The economy is deflating and what’s we’re all waiting to see is when will people dump the U.S dollar. Now, the U.S government can kill the golden goose by changing the rules of the Federal Reserve. But what I think will happen first are price inflation for Americans.
Now, Bidens “America Last” policies, may not affect the DECENTRALIZED Forex Markets, it wouldn’t surprise me if the U.S dollar on the global stage goes up. As was the case under Barack Obama, a stagnant U.S Federal government is good for the U.S dollar.
Was bad for the U.S dollar is Joe Biden’s socialist policies becoming law, that will accelerate price inflation for Americans, who have to pay for all of that government. The beauty of the Euro-dollar system is that if I don’t live in America, I don’t care what their stupid does, they voted for Biden, let them pay for it. If CNN makes you happy keep voting Democrat, but leave the Federal Reserve alone, because the last time America changed the rules of Money was under Richard Nixon with the gold shock
The gold shock was a change in the rules of money and in order for people to stop dumping the U.S dollar, Former Chair of the Federal Reserve of the United States Paul Volcker in order to stop massive FIAT price inflation had to raise interest rates.
Via the Euro-dollar system which many believe is better than a Gold Standard, some idiot politician would most likely have to change the rules of money in order for the world to begin dumping U.S dollars. I hear talks of a digital dollar, which is cute, maybe that’s where we are headed, but not without a fight.
As is the case with modern corporatism, the private sector, namely the large conglomerates, will need some insurances about this new system, and because digital dollars will make it easier for the government to shut off a person’s money supply, this will disincentivize entrepreneurship.
Even a Bitcoin standard would be disastrous, because I keep reminding people about the point of sale, meaning that is I get some bitcoin from a person or entity that government deems illegal, the government could shut me down. I often write about Paypal and how many small businesses PayPal destroyed. Paypal in case people forget is digital if you ever had a business and accepted PayPal, at Paypals, decreation they could shut you down and confiscate your digital money.
Now, if you’re operating a legit business and a bitcoin customer of yours has ties to persons or entities the government deems a delinquent, your entire business could be NATIONALISED! When Hugo Chávez made the decision to demonize the private sector for his own failures as the leader for Venezuela and he began the nationalization process, what most people forget is this also represented a change in their fiat currency system! Ther dollar was now looked at purely as a political dollar, that could change like the wind.
The private sector will often go along with nationalization schemes for as long as they enjoy the benefit of loopholes. In case people ever wonder why big corporations appear to be on board with the Democrat Party, it’s because as long as the money is free of political influence they can avoid paying for as an example the Affordable Care Act
You see, as long as they can pass the costs and taxes onto the U.S consumer, the corporatists will be on board with most if not all government schemes. The mistake Hugo Chávez made was that he killed the golden goose, he nationalized small and medium-sized businesses that were actually helping him and so those business people took their talents elsewhere.
Not everyone wants to be in business for self and not everyone wants to be a health care professional, the incentive to get some people to do things they don’t want to do is money, which is supposed to represent FREEDOM.
Once the money is politicized which is what happened with the Gold Shock it’s very hard to put that price inflation genie back in the bottle. Anyway, the Affordable Care Act is another victory for the corporatists which equates to higher prices for American consumers.
Supreme Court dismisses challenge to Affordable Care Act, leaving it in place | cnn.com
Interesting times ahead!