I'm a Kraut, so, no, I'm not a Jew.
Well, there
were some ... lots fewer now I guess, but might still be a few ?
toolcat, look into who sets the prices for health care. It's not doctors and nurses.
On a semi-related note, was looking up something about inconel. Company that developed it got sold and sold again and sold again until now it's owned by Berkshire-Hathaway. Umm, why ? Does being owned by a banker make you more interested in your field, more likely to come out with newer better stuff ? Or more likely to just bleed what the people did before they were owned by a bank for every single drop of cash possible, then throw the company away like a dishrag you just cleaned the toilet with ? How much does a finance guy care about hi-temp alloys ? Except what he can get for the trademark, I mean ? How much "institutional knowledge" do you have when the prime goal of a company is to suck out every drop of blood it has, "cut the fat, this project won't earn anything for five years, ditch it, we don't need old Ed, we can get a kid for 1/3 what he costs" ... you know the routine. Replace all the people with knowledge with ChatGPT, stock goes up sixty million, yippee, someone made out good.
How much of the US "gdp" is based on this crap ? Just wondering ...
Sure, companies need to make money. But when that is the
only goal, then you've just lost the plot and that's a first step to losing everything you've got -- except for the five guys who now own everything in the country. Super.
All that's left to do then is blame cheap chinese labor ... US has been on a downwards slope since the mid-seventies when all this shit started but you still can't figure it out
