Ep1: Should government provide healthcare?

By / / Economics, Feature, The Trendaddy Newsletter, The Trendaddy Show
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What if healthcare isn’t a market commodity or human right, but something else..? Follow as I rate trends. Get all charts & analyses in The Trendaddy newsletter at https://SteveFaktor.com. Here are the charts from this episode:

  1. Main Chart: Should providing healthcare be the government’s responsibility?

It’s pretty wild that AFTER Obamacare was when people gave up hope on government getting them decent coverage. Government is way too captured by industry. The Democratic party is owned by Pharma and insurers, making sure there were no cost controls or public option in Obamacare. Republicans don’t bother to pretend to care. Pick your poison.

  1. 84% (!!!) of healthy Americans like their health insurance plans. (I plan a killer episode soon on this!) But even those in poor or fair health, 68% like their insurance. With only a small fraction rating it as poor. This is why the white collar professional class that dominates the democratic party stopped talking about it. It’s not a priority. The blue collar working class moved to Republicans as an FU to the Dems, but without any real hope of change. Ah, hope and change…thanks for the memories.
  1. Medicaid coverage isn’t great for those who work. The Bronze, Silver, Gold and Platinum plans are all Tin. Bad service at a bad price, like cable TV. But coverage is surprisingly comprehensive for those not earning anything. So if you’re a poor kid, disabled, or a screenwriter, you have a good chance of being fully covered. I don’t have the full breakdown of how many of each group there is. Either way, the recent GOP budget that passed will force almost $1.5 Trillion in Medicaid cuts so that taxed can be cut by $3.5 Trillion. In my view, absolutely overplaying the initial goodwill for MAGA. Screwing 72 million citizens will not go unpunished at the ballot box.
  1. This is from my post and podcast called, Inequality We Trust. Also check out its sister post, Why Even Musk Can’t Trump The Inevitable. Both more relevant now than when they were written. Basically, they show how innovations become expectations over time—and why some technologies are inevitable.
  1. Finally, don’t forget to follow on social for upcoming videos (links below) and share this newsletter with a friend. They can subscribe here. There’s a full podcast coming soon, wither a Q&A one or maybe some guests. Would love your feedback and will keep you posted.

That’s it for now. Best, Steve

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