From the Hacker News thread
Well done: twitter.com/oren_cass/status/1230505794… The guy identified the 4 big government backed monopolies, all with government backed debt, which all now eat a majority of income. We've known since 1776 that the way prices come down is competition. You should know that it's illegal to open a hospital or college without government permission. It's illegal to build a building. It's so bad that in order to open a hospital in most states, any nearby hospital can protest you license application merely for being close to another hospital. Who in their right mind would give an 18 year old $100k for college? Nobody. That's why the government backs it and you can't default on it. Who backs your mortgage? The government. It goes on and on and on. There is no mystery here AT ALL if you studied economics. The answer is very simple, allow competition. Now to lay back and drown in the downvotes :-)