The problem is government (of course socialists), but when billionaires see regular people with medical bills that are hundreds of thousands of dollars, it’s human nature to gravitate towards the authoritarian government to fix that problem. Of course we know government created that problem through crony capitalism and bloated budgets, but most people want someone held accountable. They won’t hold the authoritarian government accountable, they’ll want the authoritarian government to hold other people accountable.
What should happen, is billionaires should all get together (like JPMorgan did in 1907) and fix some of these systemic issues. People should look to the largest beneficiaries of the free market system to correct the ship. That doesn’t mean they just throw money at the government, it means they find solutions outside of government.
If billionaires don’t do what Morgan did in 1907, I can almost guarantee we will see more socialists be elected. Normal people have no other option out of their misery if they are hundreds of thousands of dollars in medical debt, than to throw up their hands and say, “well if I’ve got no way out, then I want an equal sharing of misery.”
Break up the huge banks and break up insurance companies. Start there. Let free market capitalism drive more competition and get prices down. Have billionaires start a fund for the middle class that alleviates America’s private medical debt. If they don’t do these things, the people will look to the government for answers. A flawed logic, but an inevitable logic.
English
