Tag: Milton Friedman

The Story:  A story in the Tampa Bay Times recently disclosed that in 2016 Andrew Gillum (D), the Mayor of Tallahassee, Florida, and a candidate...

The Story:  A story in the Tampa Bay Times recently disclosed that in 2016 Andrew Gillum (D), the Mayor of Tallahassee, Florida, and a candidate...

The figure is projected to be $5.7 trillion by 2026, though as Friedman predicted, when the money is available, we always spend more -- much more. If you leave out China, Japan and Germany, today America spends more money on health care than all the other nations on Earth spend on everything, as Hunt Lawrence and Dan Flynn have been saying in their thoughtful analysis of American health care. As government makes available money to pay our health care bills, we spend the money, for it costs us very little, only time spent with the quacks. America is facing much more than a health care crisis. We believe the tax cuts will pay for themselves, but what can be resorted to to solve our health care crisis? Earlier this year, Amazon -- CEO Jeff Bezos' tool for destroying such venerable institutions as Borders and Toys R Us -- announced a partnership with JPMorgan Chase and Berkshire Hathaway to provide health care at a more reasonable cost to their collective 1.2 million employees. In his announcement of the partnership, Bezos declared, "Hard as it might be, reducing healthcare's burden on the economy while improving outcomes for employees and their families would be worth the effort." Conventional approaches to the federal deficit rely on taxes. What Amazon plans to do on a small scale with JPMorgan Chase and Berkshire Hathaway it can do with the wider audience that it already has, Amazon Prime. And what could Amazon deliver to these customers?