We continue to have crisis after crisis following periods of deregulation.
Now John McCain is starting to pay attention to the Health Insurance industry. You know his answer will be... yep, that's right. Deregulation.
Given our history of crisis following the deregulation of industries, is this really a good idea?
When | Event | Root Cause | You lost: |
---|---|---|---|
Late 1980s | S & L Crisis | Deregulation | Your savings |
Late 2000's | Subprime mortgage Crisis | Deregulation | Your house |
Soon | Health Insurance Crisis | Deregulation | Your health insurance, or worse... |
John McCain: The Fundamental Deregulator