Originally Posted by smj
The reality is if the rich don't give up some of their record
profits and start paying a living wage there will be no one to purchase
their products. That's reality, it won't last forever.
I look upon more like the Scandinavian model , that society as a whole must act as a community. Hence the poor cant be allowed to be too poor nor the rich allowed to be too rich. Taxes get used to shuffle around the stuff. Society accepts the compromise for the greater good.
Yes there are freeloaders , but that doesn't negate the concept
Equally these countries seem to enjoy a very high standard of living , I mean Norway
is above the US. Etc I'm sure they all have issues, but it seems to work reasonably well
is. Real eye opener , really good public healthcare , top class hospitals , world class outcomes , 70 % of coats funded by the public purse , you and the employer pay via social insurance
payments , salary deductions , then you take out cheap
top -up insurance
to cover the 30%
In case your wondering , I've been in hospitals in Ireland
, UK, Germany
. Thank god never in the US when I lived there. I was always staggered by medical
costs there , nothing seemed to compare.
An uncle of my wife, whose family
are in the US who is from Birmingham ( the real one ) , forgot some years ago to buy his travel insurance at Birmingham airport
( because why would anyone in the UK have health
cover) and had a heart attack in the US , his family
there got a bill for $50,000, it nearly bankrupted their business, I mean bankrupting people for medical
bills , that's just nuts.