Thursday, April 27, 2006

VC to USA: Who's paying for this?

General Motors- the future of the US?

The analogy between the US and General Motors is pretty clear- competitiveness challenged by labor costs, pensions, and health benefits. We've signed up for a quite a social contract. We need to universally accept the fact that the best health care cannot be available to all. If it costs $10M to save (prolong) a life- is it worth it? In my mind- it doesn't matter if you don't have $10M...

...and then there is the massive consumption of financial and human capital called the US-Iraq war. All of the hawks out there should at least try to find us wars where we don't lose so much money.

I want to limit the ability of the government to borrow money. I am not sure if there is a political party associated with this or not, but there should be.

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