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Charles Hugh Smith

Charles Hugh Smith is a writer and commentator of many American political events and societal movements, and has been observing them for the last 40 years. Find out more about him at OfTwoMinds.com.

Healthcare Solution: Go Back to Cash

Aug 5th, 2009 | By Charles Hugh Smith | Category: Economics, Featured
The expansion of health insurance and government entitlements created "free money" and thus the explosion of healthcare costs. The solution is simple and "impossible": we all pay cash. Here's why healthcare (a.k.a. sick-care) costs cannot be reduced; the entire system is based on vast pools of "free money." The corporate-America or ...read more