Employee health care premiums increased 260% last decade

[the_poochies]

Mike Sellers wrote: Just like the housing industry crash. Could have been minimized or even averted if steps had been taken 10-15 years ago. And ten years from now we'll be pining for the days when we could have fixed the problem for only $250 billion a year.

Could you cite anything specific that could have been done?

I think that bipartisan repeal of the Depression-era Glass-Steagall Act in 1980 and 1999 allowed banks, investment firms, insurance companies and mortgage brokers to combine forces and become "too big to fail."

Ted Kennedy's death brought to light how close we came to a bipartisan health care plan between the Democrats and the Nixon Administration from 1974 that became sidetracked by the Watergate scandal.

http://modern-us-history.suite101.com/ar...hcare_plan

Perhaps if Teddy and Dick were able to hammer out a workable compromise, we wouldn't be using so much bandwidth here discussing our &*%#!%-ed-up health care system.