Comments by "Jeremy Barlow" (@jeremybarlow2291) on "Should You Sell Everything to Escape President Biden?" video.

  1. "Nothing will fundamentally change." -Joe Biden to a room full of well to do contributors. So far the leadership in Congress and his own actions have shown his policies & their policies do not differ significantly from those of the Trump Administration. This to me means that the destabilizing effect on democracy that the previous administration had on the United States is likely to worsen. The US has been a flawed democracy for quite some time & the failure of leadership & vision inside the United States to address the challenges facing the nation due to crony capitalism's consolidation of power & anti-competitiveness, the failure to alleviate pressures stemming from income inequality by implementing policies that will alleviate overly burdensome healthcare expenses on American business while providing better coverage for all Americans by implementing sensible employment taxes & regulation in place of the current private insurance scheme that is creating a disunity in the populace is hurting the country. What I find interesting is that a country like Singapore, and a country like Uruguay have been able to implement a fairly low territorial tax system, while also creating systems of universal healthcare & creating an environment that has not priced most of their citizens out of the housing market either as buyers or as consumers of quality housing, yet the United States is failing in this mission with far more land, far more resources, and a highly productive people. The reality it occurs to me is that no political leader in America has said, we can have a tax system that provides better for the basic social welfare needs of it's citizens AND costs less for both workers & business owners than our current system. Not one political leader in the United States has said, we can provide a system of universal healthcare and have low taxes. Singapore does this with very little government spending and has some of the best healthcare in the world with a system that is universal. Uruguay's healthcare is not the enviable system that Singapore has, it isn't even as solid as it's slightly poorer South American neighbor Chile, nor fellow Latin American territorial taxed neighbor Costa Rica whose universal healthcare system, like Chile's places it ahead of the USA. Why am I mentioning healthcare so prominently as an issue that is causing the problems in the US? Because it is THE issue which to a large degree stifles enterprenuership in the USA. It is also one of the two leading issues that creates significant income inequality, this despite the fact that the current system which not only leaves too many people without care, costs American business FAR MORE than all of their competitors around the world. Can the USA adopt the Singaporean healthcare system entirely today? No, it really can't because of how the current system is designed, but it can redesign the current system to transition towards a Singaporean style system over the course of two generations. It will easily take forty years to make health savings accounts the major source of payments rather than insurers, be they private or public, but it can be done. Hell the US could adopt an entirely territorial tax system & it would probably increase revenue returns to the treasury so long as the destabilizing pressures of the poorly managed healthcare system were addressed. Are there other issues in regards to crony capitalism that need to be dealt with to get the US on the right track, yes, but no one in either of the two main parties in the US are in any way prepared to address them because the political leadership of the country in both parties is owned by a myopic group of kleptocratic crony capitalists who are blind to the risks the failure of the US as a democracy will have on their consumer base & long term business interests.
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