Post by foghorn on Mar 1, 2014 17:52:38 GMT -5
Will Obamacare force Americans to start outsourcing their medical needs in the same way they currently outsource their retirement and savings?
I don’t know it seems like all the latest companies in biotechnology research are all complaining about Obamacare’s extra regulatory and extra expense in bringing their products to the US market. As a matter of fact Europe seems to be the latest country that all the biotechs are talking about in their earnings conference as the next best thing since there are less regulations and less government involvement there.
One foreign company in particular is actually being investigated by the FBI and other government agencies. Which is both forcing the company to move to Europe and forcing the company to burn through its cash flow. Which is forcing it to get what the Democrats call vulture capitalists in order to keep conducting its research in the US.
Yes Obamacare is actually backwards just like the Soviet Union used to be backwards in health care. Its only a matter of time before the government milks the middle class of what little savings they have left. Which will force them into welfare which is what all Democrats want. More people on the dole means more votes for the demonrat party to keep that party in power. So expect old debilitating medical infrastructure with outdated medical procedures due to a fear of the US market.
Everyone my age remembers the shock we all got when we saw the conditions of the medical care facilities in the old Soviet Union after the Berlin Wall came down. I’m afraid that thanks to Obamacare we will soon experience the exact same thing that the Soviets experienced with their so called Forward health care which is really backwards health care.
Oh there will be companies that benefit from Obamacare alright. You know those who helped Obama and the demonrat party get elected. By the way most if not all of them have cut back on their research since they said it was too expensive and since it was no longer needed in this environment. After all why worry about competition when even the FBI is investigating and disrupting the much leaner, meaner and far more forward looking future competitors that can easily beat the old and aging medical infrastructure that helped Obama and the demonrats get elected.
P:S: This is what Warren Buffet calls building a moat to keep the competition out. Good for vulture capitalists who vote democrat but horrible for the American people who will soon have to get the latest health care in foreign countries. That is if the demonrat party allows you to get medical care outside of the country. I wouldn’t be surprised to find out that the FBI or some other government agency prevented you from getting your treatment for your illness in other countries.