The socialized medicine is going to be paid by massive new taxes imposed on corporation and individuals and companies are not going to make any profit by dumping their employees insurance plans because they are going to pay more in taxes to pay for the socialized medicine.
“The socialized medicine is going to be paid by massive new taxes imposed on corporation and individuals and companies are not going to make any profit by dumping their employees insurance plans because they are going to pay more in taxes to pay for the socialized medicine.”
I don’t think ‘anyone’ can predict the future, especially in this environment. We don’t really know the details of these plans, nor do we know if they will become enacted. I am no more of a fan of govt health care than you are, I suspect. Without advocating it is as “the” or even as a possible truth, I was just trying to explain one line of perversely bullish market psychology, just tossing it out there. I’m agnostic on the market at this point, but it sure seems to want to rally. Why, I have no clue.