Cost Reductions Needed

Lower the Cost of Education, Health Care and Government

The U.S. Media Promotes Distraction

The print media doesn’t lay out the big picture or the real economic dynamics that are creating our steady economic decline.  They do report incidents hinting to this decline like individual closures of institutions and businesses and leave it to the reader to put the pieces together.  Some would say that most Americans aren’t smart enough or interested enough to pay attention to our economic decline.  Some would say that the media has become the cheerleader for the myth that the economy is improving, so consumers will keep spending.  Some say that the media are not allowed to speak the truth.

The Elephant in the Living Room

The problem with the U.S. Federal government is overspending due to unconstitutional overreach.  The U.S. government is insolvent.  It’s currently spending is about twice as much as its income and has been doing that since 2008. This overspending is being used to attack us and our economy through UN Agenda 21 implementation.

Supply & Demand

The problem with overpriced segments of our economy is related to supply and demand.  As prices increase, demand decreases.  Colleges and hospitals are closing because the price has killed the demand.  Most of this is now due to Obamacare and a bubble of federal grants for colleges to become leftist propaganda agencies.  These institutions grew when they assumed that they would have an ever-increasing cash flow from government.  College students can no longer “work their way through college”.  If they take out student loans, they are faced with paying off a $40,000 debt upon graduation.  Upon graduating, most cannot find jobs that allow them to be self-supporting, much less able to pay off their student loans.

80% of American consumers are living paycheck to paycheck.  Household income continues to decline.  When household income doesn’t increase at the same rate as housing prices, housing demand declines and prices recede. If interest rates rise, housing prices recede. 

Education

The cost of Education, Healthcare and Government has exceeded the price demand curve and need cost reductions to re-attract consumers. 

The student population that is able to afford attending an expensive 4 year college, living on campus is on the decline.  An increasing number of students will show up at community colleges, commute from home and take more practical, job-related courses at cheaper community colleges.

Students need to boycott expensive education.  There is so much propaganda fed in college classrooms, students should revolt.

Health Care

Hospital costs at $10,000 per day our insurers are paying are clearly 4 times higher than any supply/demand curve would support.  We see these bills loaded with unbelievable costs for in-hospital tests and “observation”.   It appears this amount of overcharge comes from regulations, the need for legal boilerplate to defend malpractice suits, the need to promote the myth that these treatments and tests are worth the cost (if it is paid by insurance), decades of money pouring in and bad habits, overdesigning “cost is no object” treatment plans. We need to report these overcharges to our insurance providers and anybody who will listen.  This won’t change until we start to refuse treatment because of cost, even though it’s covered by insurance.  It requires a consumer revolt.

Government

Government costs have doubled due to the doubling of federal spending.  Vendors simply charge double in response to cities, counties and states’ access to free, printed and borrowed money from the Fed.  Taxpayers need to vote No on every ballot initiative and need to insist that their vote is required for all bonds, government borrowing or spending increases. Turning this around requires a taxpayer revolt.

Action Needed

Consumers can impact the big global companies who support our current economic decline.  It will take some work on the part of consumers, but we need to vet all possible competitors.  I would like to find a non-union phone company, electric company, natural gas company, automobile manufacturer, building contractor, local food source, school and government.

Norb Leahy, Dunwoody GA Tea Party Leader