US companies are suffering from high health care costs...
and the US economy is suffering from a massive and unsustainable trade deficit...
HERE'S A SOLUTION:
PASS A TARIFF OF 5% ON ALL FOREIGN GOODS ENTERING THE US AND EARMARK THE MONEY TO ESTABLISH A SINGLE PAYER NATIONAL HEALTH CARE PLAN IN THE US.
This would:
1. Reduce a major expense for US companies, namely health insurance which is completely out of control because of the insurance and hospital lobby. Thus making "relocation" out of the US less attractive.
2. Make foreign goods more expensive...thus making "begging for mercy" from the Chinese and other Asian Tigers unnecessary thereby reducing the trade deficit and pressure on the dollar (focing higher than needed interest rates).
3. Allow the "rich" to keep their tax cuts so beloved of the Republican Kongress.
A FIVE PERCENT TARIFF COULD GO A LONG WAY IN SOLVING MANY OF THE INSOLUABLE PROBLEMS NOW FACING THE US ECONOMY...
IS THIS TYPE OF "LOGICAL SOLUTION" LIKELY TO HAPPEN...WELL, OF COURSE NOT! BUT IT'S NICE TO KNOW THAT IT'S STILL AVAILABLE NEVERTHELESS.
