"The knowledge and prudence of the poor themselves, are absolutely the only means by which any general and permanent improvement in their condition can be effected." - Thomas Malthus
AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.
I'm not certain that the providers are entirely at fault here. Too many doctors are getting out of the business at the worst possible time, because Obamacare is adding millions of people who were never insured before. When someone sitting in DC can decide how much a doctor may charge, how much time is your doctor going to have to spend with you when they need to see X amount of people per day just to make their overhead? Not going to turn out well for the average person, IMO. :
I've noticed a whole lot more edginess this year among the providers, especially the employees. Our local hospital was bought out by the Sisters in Peoria. We now see signs that patient misbehavior will not be tolerated. Pressure is being put on the doctors and nurses and they are breaking down.