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In reply to the discussion: Biden and Pope Francis team up against cancer [View all]JDPriestly
(57,936 posts)The co-pays will not be nearly what they are here -- which is horrendous.
Americans get mostly debt no matter what. It's just low pay and lots of credit.
That cannot work forever.
The very wealthy who collect the rents, the interest on the debt, need to understand that unless they pay people well they can't collect on their debts.
The economic inequality in this country is just devastating to many, many people.
Yesterday while I was campaigning for Bernie, a man walked up to our table and sat down and simply said he had too much credit card debt. He was a working man, not well dressed, but he looked strong and was very, very depressed looking. What could we say. He is a student and works. What more can he do. People cannot live on the pay they are getting.
And the odd thing is that while he was paying 15%-18% on his debt, when you put money in a savings account at the bank, you receive less than 2%, sometimes less than 1%. Where is the money that is earned from credit card interest going? To the very wealthy, it appears.
There is almost no way that an ordinary working person can save or get ahead. It's just getting behind all the time -- no matter what the official job reports say.
That's why we need at least to have universal, single payer, non-profit healthcare for all available. If people want to pay more for premium plans, fine. Small co-pays, say $5 per visit or prescription are OK, but co-pays that exceed small amounts, and that is what you get with some of the Obamacare plans and COBRA plans, are unacceptable.