Health Care Reform and the American economy - What the future holds

So, Obamacare has passed and will become the law of the land tomorrow when he signs it.

Lot's of weeping and angry eyes out there right now. . people feeling let down and abandoned, ignored.

The Democrats will take the entire summer to sell the sizzle instead of the steak, to save their jobs come November.

Conservatives are vowing to fight this 'reform' in the courtrooms of the land.

Americans have short memories. They will soon lapse into a 'wait and see' attitude, and then, apathy.

But there is reality that needs to be faced, however. And a major point we need to accept is that this reform is economically a disaster waiting to happen. There is no way it can become self-sustaining without major tax increases.

So what can we do? Well, we can learn from our recent past, with the housing, auto, and banking fiascos. What will follow here is that health care reform is going to have a short period of prosperity (bubble) and then the bill will come due (bailout).

Bubbles and bailouts. That's what the future holds, folks. That is what the American economy has evolved into.

The really clever boys and girls are already circling the chairs, waiting for the music to stop. Musical Chairs played upon the shoulders of the American public, will make these players the new noveau riche among us as they benefit from the future health care bailout programs.

Watch and see. Mark my words.



[edit on 22-3-2010 by mishigas]