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In reply to the discussion: Biden and Pope Francis team up against cancer [View all]JDPriestly
(57,936 posts)My complaint is not that interest on savings should be higher.
My question is what do the banks do with the difference between the interest rates on credit card (and certain other debt) and the interest they pay depositors on deposit and savings accounts? Who gets that? Probably the same people who take everything else.
My husband and I are with you when it comes to our own spending habits. His car is 26 years old and mine is 20 years old. He is quite good with cars.
If you think that European health care is not economically viable, are you saying that the middle class and poor should do without and die without it? Because that is the choice. I'm in favor of truly affordable healthcare for all. I want for-profit companies to have only those customers who truly want the private rooms and luxury in the hospital. All that is not necessary for me. When I had my first child, I was in a room with 12 other healthy women. I had complications and was required to stay for 2 weeks. That is no longer required in the US even for most caesareans.
My goal is to take that portion of our healthcare dollars that go to profit for health care insurance companies out of the costs. Those dollars are not necessary. Nothing against capitalism, but no one needs to make profits from the health emergencies or chronic conditions and illnesses of others. Doctors and medical personnel should earn good money, but profits to health insurance investors and large salaries to health insurance management? No. Not necessary.