healthcare

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Are You Infuriated Yet?

You should be. I certainly am...
Friday, October 20, 2017, 8:27 PM

Both the pension and health care crises are infuriating and self-inflicted wounds.

We could have avoided them by making wiser choices in the past. We didn't. We could limit their damage by making better choices today. We almost assuredly won't.

Anybody who studies the system and its math comes to the same conclusion: the corporations have all the power and they are misusing it for private gain.

An easy prediction to make is that this simmering anger of the populace is going to start boiling over more violently in the coming years. Welcome to the Age of Fury. » Read more

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Walt Kelly

Off The Cuff: Meeting The Enemy

A hard look in the mirror
Tuesday, January 24, 2017, 1:45 PM

In this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:

  • The Intelligence Wars
    • When everyone is pointing fingers, whom are we to believe?
  • The Need For Humility
    • Our current hubris is destroying the systems we depend on
  • The Enemy
    • Is our our "neo'" agenda, whichever side of the aisle it's on
  • Fixing Our Broken Healthcare System
    • Reform needs to start with our own behavior

"We have met the enemy and he is us"

~ Pogo (Walt Kelly)

This week Chris and Charles hold up a harsh mirror to American society. So many of the long-term predicaments we face are issues of our own making, pursuits that benefit an elite few at the expense of the rest of us. The good news here is that we still have time to dramatically improve our odds of a better future by choosing to make different decisions going forward. The all-important question is: But will we?

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today. » Read more

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flcikr

Too Much Complexity Is Killing Us

Why the decline is accelerating from here
Wednesday, January 18, 2017, 11:13 PM

There’s a line of thinking -- one that we ascribe to here at PeakProsperity.com -- that says today’s problems are far more complex and numerous than those we've dealt with in the past. In fact, some of them are actually predicaments -- meaning they have no solutions, only outcomes that we'll need to manage.  Moribund economic growth is only as high as it is due to massive debt binging. Ecological and energy issues are accelerating, and will for sure rear their heads at inopportune times not of our choosing.

Said another way: Eventually we're going to have to pay the bill. » Read more

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Dreamstime

Mad As Hell

Why the public is so pissed off
Friday, January 13, 2017, 11:50 PM

A critical movement is arising at this time in history.

Each of us can assume a role to play in its formation and development, and therefore its eventual success or failure. It's my personal belief that we are past the time where we can avoid major disruption, so each of us must be personally prepared as best we can for upheaval, while also working towards building a new and better narrative to live by.

Do you have the courage to participate? » Read more

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Off The Cuff: Our Out-Of-Control Cost Of Living

Health insurance for Chris' family went up 61%(!) this year
Thursday, January 12, 2017, 10:14 PM

In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:

  • The Runaway Cost Of Health Care
    • The premium for Chris' family went up 61%(!) this year
  • A Failure Of Intelligence
    • The lack of substance underlying the latest smear campaign
  • Fake News
    • When everyone is covered in mud, whom can you trust?
  • What To Expect As The Presidential Torch Gets Passed
    • How Trump's strategy is likely to depart from Obama's

Well, there's a lot of red meat tossed around in this latest podcast. There's something in it for nearly everyone to find righteous outrage with.

It begins with Chris railing about the year-over-year 61% increase just slapped onto his family's basic insurance plan. The ACA has quickly turned into a racketeering operation in many states like Massachusetts, where Chris lives. Mish joins in on the harsh criticism of the current system:

For some instances of some people, forty percent of their income going to health insurance.

And then look at the millennials. I mean, they've just decided to opt out. And who can blame them? They're not making enough money, but they just decided well, I’d rather keep it all. And they’ve decided that they will just rather pay the penalty if they get caught. But if they get sick, then they’ll join on the spot and get coverage. That’s the game everyone's being forced to play.

And nowhere along the line, as we’ve discussed many times, is there any impetus to control costs. And not only are there not any controls, there was nothing written into the legislation. And meanwhile, they call it the "Affordable" Care Act. As with any act of government, it has the exact opposite effect of its title. 

From there, Chris and Mish tackle the recent intelligence debacle where our government and media are trumpeting "findings" that are backed by zero evidence and unverifiable innuendo. When all sides look incompetent, where do you turn for trustworthy information?

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today. » Read more

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The Burrito Index: Consumer Prices Have Soared 160% Since 2001

Calculating the real inflation rate
Friday, July 29, 2016, 3:31 PM

In our household, we measure inflation with the "Burrito Index": How much has the cost of a regular burrito at our favorite taco truck gone up?

Since we keep detailed records of expenses (a necessity if you’re a self-employed free-lance writer), I can track the real-world inflation of the Burrito Index with great accuracy: the cost of a regular burrito from our local taco truck has gone up from $2.50 in 2001 to $5 in 2010 to $6.50 in 2016.

That’s a $160% increase since 2001; 15 years in which the official inflation rate reports that what $1 bought in 2001 can supposedly be bought with $1.35 today. » Read more

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Putting Our Health Into Our Own Hands

The (very doable) basics of prevention
Tuesday, December 29, 2015, 3:34 PM

Executive Summary

  • The obesity epidemic
  • Failings of the national healthcare system
  • New models for obtaining care
  • The basics of prevention

If you have not yet read The Rising Threats To Our Health, available free to all readers, please click here to read it first.

In Part 1, we reviewed some of the major global health issues that will challenge households, economies and nation-states around the world as the global population ages and lifestyle/pollution/age-related chronic diseases affect hundreds of millions of people.

In Part 2, we look at issues that are specific to the U.S. and other developed economies, and consider the impacts of these issues on us as individuals: the bottom line is prevention is in our court.

Overweight/Obesity

While many of the problems listed in Part 1 are found mostly in developing economies (severe pollution, etc.), many others are pressing issues in both developing and developed economies (smoking, chronic lifestyle disorders such as metabolic syndrome, hypertension, heart disease, etc.)

The U.S. leads the world in percentages of overweight (generally defined as a body mass index (BMI) of over 25) and obese (BMI over 30) residents, though a number of countries are close behind.

While the specific causes of metabolic syndrome (pre-diabetes) and the causal connections of obesity to other conditions such as inflammation, sleep disorders, etc. are still under investigation, it’s clear that... » Read more

Daily Digest

Image by Topato, Flickr Creative Commons

Daily Digest 6/16 - Nuclear Plants Closing Early, What Sweden Can Tell Us About Obamacare

Sunday, June 16, 2013, 10:21 AM
  • Even Pessimists Feel Optimistic About the American Economy
  • FX Rates Said to Face Global Regulation in Libor Review
  • Aetna Pulls Out Of California Individual Insurance Market In Response To Obamacare
  • Suddenly, Retiree Nest Eggs Look More Fragile
  • China’s Great Uprooting: Moving 250 Million Into Cities
  • What Sweden Can Tell Us About Obamacare
  • Nuclear Plants, Old and Uncompetitive, Are Closing Earlier Than Expected
  • Elon Musk Conceives New 'Hyperloop' Transportation System: Neither Plane, Train, Boat Nor Car. Is it ET3?
Blog

Let's Stop Fooling Ourselves: Americans Can't Afford the Future

Unemployment, taxes & unfunded retirements are squeezing us
Tuesday, March 12, 2013, 11:24 AM

The truth is: The three adult generations in the U.S. are suffering, and their burdens are likely to increase with time. Each is experiencing a squeeze that is making it harder to create value, save capital, and pursue happiness than at any point since WWII. At that point, we were a creditor nation with an economy exploding into dominance on the world stage. Now, however, the U.S. is the largest debtor nation and our economic hegemony is increasingly at seige across a number of fronts.

A continuation of the status quo is a decision to sleepwalk face-first into the constraints hurtling towards us.

Instead, shouldn't we stop fooling ourselves and ask: What should we be doing differently? » Read more