Obama’s own publication, THE JOB IMPACT OF THE AMERICAN RECOVERY AND REINVESTMENT PLAN, shows only minimal short term gains for his trillion dollar bailout plan. [...]
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Obama President elect Barack Obama is now on the side of bailing out the auto industry. Well, only part of the auto industry. Executives of Honda Motor Co., Toyota and Nissan have stayed out of the bailout debate. Obama is in favor of rewarding incompetence with a plan that cannot possibly succeed. The [...] Big, fast gas guzzlers (in bed with big oil?)
GM CEO Wagoner “The big and the fast beat the small and the fast. If you check out the NBA today, they’re big and fast.” This is a quote from Rick Wagoner, General Motors CEO. It is Wagoner’s analogy to the automobile industry [...] |
U.S. college debt, nearly $1 trillion, is larger than housing or credit card debt. US healthcare worst, and most expensive.
Infections kill 100,000 patients in hospitals and other clinics in the U.S. every year. Japan’s health-insurance system covers everybody, including illegal aliens. It pays for physical, mental, dental, and long-term care. Japanese are the world’s most prodigious consumers of medical care; they see the doctor about 15 times per year, three times the U.S. norm. They get twice as many prescriptions per capita and three times as many MRI scans. The average hospital stay is 20 nights—four times the U.S. average. Cost: And yet Japan produces all that high-quality care at bargain-basement prices. The aging nation spends about $3,500 per person on health care each year; America burns through $7,400 per person and still leaves millions without coverage. Canadians live three years longer and are healthier than Americans, and the lack of universal health care in the United States may be a factor, researchers say.
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