Monthly Archives: January 2010
How the financial and economic crisis are related to health care (part 5/final)
We have had eight recessions since 1960 and survived them all without government take over of industry. In 1993 IBM cut 60,000 jobs–yet we survived. We have added $3 trillion dollars of debt in the last two years, President Obama … Continue reading
How the financial and economic crisis are related to health care (part 4)
The over-riding concern is that spending by the US Government for health care will eventually cause hyper-inflation—a huge economic crisis. Look at other government’s that have experienced hyper-inflation: Austria In 1922, inflation in Austria reached 1426%. Brazil In 1994 inflation … Continue reading
Filed under economics, employment, Ev Nucci, financial crisis, health care, Nucci Consulting Group, politics
