Greece has to make some basic changes in order to get a bailout from the IMF - International Monetary Fund. Greece has to cut back on government control of health care and put it back in the marketplace.
NY Times
Racing to secure financial aid and avoid a debt default, the Greek government has agreed to austerity measures totaling 24 billion euros (about $32 billion) that will include cutting some workers’ pay and some public sector jobs as well as opening up parts of the economy, Greek officials said Friday.
A letter of intent with the International Monetary Fund was mostly complete, according to one government official, who declined to be identified because of the confidential nature of the discussions. A deal could be announced by Sunday, this official said.
The letter of intent is "The Plan." Look what The Plan includes:
Another reform high on the list is removing the state from the marketplace in crucial sectors like health care, transportation and energy and allowing private investment. Economists say that the liberalization of trucking routes — where a trucking license can cost up to $90,000 — and the health care industry would help bring down prices in these areas, which are among the highest in Europe.
Yes. Cut out Greece's ObamaCare. The New York Times reports it. Must be unsupervised reporters.
At the very same time Obama is pushing hard and fast to get the US to emulate Greece. More government in everything. More jobs for unions. Government control of health care aka ObamaCare. We can see where that leads. Greece is broke. Obama is taking us to the same desperate situation.
Via
IBD
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