market-ticker.org / by Karl Denninger / 2017-05-07
If you want to know why fixing “health care” is so difficult you need only read this article.
From Akron to Youngstown and Canton to Cleveland, as in cities and towns across the country, workers who once walked out of factories at the end of each shift now stream out of hospitals.
While manufacturing employment has fallen nearly 40 percent in northeastern Ohio since 2000, the number of health care jobs in the region has jumped more than 30 percent over the same period. In Akron, the onetime rubber capital of the world, only one of the city’s 10 largest employers still makes tires. Three are hospitals.
If these were doctors and nurses that might be understandable. But they’re not.
Read more ... source: The Bitcoin Channel
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