Czuch:

> BTW, you must be against our recent health care bill?

I think that while the Obama administrations intentions are good, the health care bill will probably fail. If it fails, it will be because the Republican party cares more about protecting the business of private insurers than about the lack of adequate care for the poor. Well, the US is the only modern industrialized country without universally available health care. I think it bothers Democrats that the US is behind the trend in other industrialized countries.

The next 10 years will prove whether private insurers can keep up with rising healthcare costs. As the Baby Boomer generation ages, the pressure on private insurers will increase to the point that some of them will go bankrupt. It is at that point that state-run healthcare will probably come to the forefront, as a bailout for a failing private system. I expect a full bailout, as it happened with the banks last year.

I doubt Obama's healthcare bill will succeed, but his successor in 7 years will be forced to do something about it.