Run Venezuela? They Can’t Even Run The United States
Read it in the news:
The commentary pretty much writes itself. As surely as night follow day, the Trump Administration was bound to do something to distract Americans from their well-founded economic fears—especially from a health cost crisis Trump’s party just made vastly worse. And all that Venezuelan oil looks mighty attractive from an oligarch’s perspective.
But “run Venezuela”? Shouldn’t they do a better job running this country first? Let’s start with healthcare. The Affordable Care Act is what programmers used to call a “kludge”; it’s a Rube Goldberg contraption whose goal is to mitigate the pain caused by America’s so-called healthcare “system.” America’s healthcare crisis can’t truly be fixed until the profit motive is removed.
Nevertheless, the ACA has provided at least some healthcare coverage to millions of people. That’s better than nothing—much better. The premium tax credits are a wealth transfer from the public to the private sector. But without them—and with no other system in place—millions of people will soon face disastrous monthly premium hikes. If they don’t pay them—and many won’t be able to afford it—they’ll face financial ruin if they become sick or injured.
We can recognize the flawed nature of the ACA and still see that these Republican cuts are inhumane and indefensible.
“We can’t afford it,” the Republicans argue. But that raises the obvious question: If not, then how can we afford to “run Venezuela”? Besides, they’ve got work to do right here.
Sure, the economy is doing pretty well—for the investor class. But even that limited success is hanging by a thread. It’s driven by an AI bubble that will almost certainly burst, wreaking economic havoc when it does. Meanwhile, millions of households are struggling with the cost of living (click on images to expand):
More than 43 million Americans live in poverty, including one child in seven:
The housing shortage is causing widespread........
