I'd like to pose a simple question -- you'll need to register to answer in the comments, and I encourage you to do so.
If your personal medical care was 1/5th of today's cost, could you pay cash for it with no government or "employer" assistance of any sort?
Just answer "yes" or "no" please.
Note that the question isn't "could you pay without foregoing anything else", or whether paying for it would cause you to be less-well-off, the question is could you pay for it. If you have to sell or mortgage something or give up something you currently enjoy such as your iPhone, the answer is "Yes", not "No."
No dodges, no games, no long-winded comments, just an answer to that question as a simple word.
(Attempts to game the question or add "ifs" or "buts" will be removed; I am interested simply in a poll here and thus am looking for the one-word answer.)
Note that on the second and subsequent pages of responses you'll see a "click poll"; you can only vote once!
Where We Are, Where We're Heading (2013) - The annual 2013 Ticker
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES.
The author may have a position in any company or security mentioned herein. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.
Looking for "The Best of Market Ticker"? Check out Ticker Classics.
Market charts, when present, used with permission of TD Ameritrade/ThinkOrSwim Inc. Neither TD Ameritrade or ThinkOrSwim have reviewed, approved or disapproved any content herein.
The Market Ticker content may be reproduced or excerpted online for non-commercial purposes provided full attribution is given and the original article source is linked to. Please contact Karl Denninger for reprint permission in other media or for commercial use.
Submissions may be sent "over the transom" to The Editor at any time. To be considered for publication your submission must include full and correct contact information and be related to an economic or political matter of the day. All submissions become the property of The Market Ticker.
Leads on stories of current economic and political interest are always welcome. Our fax tip line is 850-897-9364; please include contact information with your transmission.