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I’ll also add one more article from this week into the mix, while we’re thinking out loud. Profits are are record highs for US corporations and yet we’re only reinvesting about twice as much as we’re returning to shareholders in the form of dividends and buybacks. In the 1970’s, corporations were investing 15 times as much hiring, training, building, R etc. See:
There’s also a new suite of motion tracking sensors routed through a separate chip named the M7, monitoring users’ movements and making the data available to third party software. Apple promises this will “enable a new generation of health and fitness app” which is fairly standard hyperbole from the company, though the M7 should eliminate the https://www.aikido-database.co.uk need for consumers to buy separate health peripherals.
And there’s a debate right now, it happens to be in this morning’s paper if Obama’s being accused by Democrats, in fact particularly by Democrats, of taking on too much. Well actually he hasn’t taken on very much, the stimulus package; I mean anybody would have tried to work that out parajumper womens
with a little variation. And the same with the bailouts which you can like or not, but any President is going to do it. What is claimed is that he’s adding on to it health parajumpers light long bear
care reform, which will be very expensive, another hundreds of billions of dollars, and it’s just not the time to do that. I mean, why would health care reform be more expensive? Well it depends which options you pick. If the healthcare reforms maintain the privatized system, yeah, it’s going to be very expensive because it’s a hopelessly inefficient system, it’s very costly, its administrative costs are far greater than Medicare, the government run system. So what that means is that he’s going to maintain a system which we know is inefficient, has poor outcomes, but is a great benefit to insurance companies, financial institutions, the pharmaceutical industry and so on. So it can save money, health care reform can be a method of deficit reduction. Namely by moving to an efficient system that provides health care to everyone, but that’s hardly talked about, its advocates are on the margins and its main advocates aren’t even included in the groups that are discussing it.