The existence of communist governments around the world was great for Americans over those decades. The power elite were scared shitless that Americans would roll out the guillotines and mount their own version of Bolshevik revolution. They had to prove that the system that benefitted them was also the best one for Joe Sixpack, so they upped wages, job security, benefits, and built the greatest infrastructure and educational systems the world has ever seen.
Once it became clear that communist governments were not long for this world and the powerful have nothing to fear, we got "trickle down economics", widening income inequality, corporations are people too my friends, and a separate legal system where rich people can do whatever the fuck they want and get away with it.
Average health care costs have more than doubled in the past 10 years, after doubling the 10 years before that. Meanwhile a greater percentage of people are uninsured.
People like you or I have good health insurance and relatively decent health and we vote so we say the system is fine and health reform is not a priority. It's not a priority for me and when I need health care I go get it and don't pay much. Problem is that while it is not obvious to me, the system has been falling apart under its own weight, and the process is accelerating. It's been getting worse, not better, and it's eating up more and more of the economy. And yea, it does affect me, because money that should be going to my paycheck is instead going to increased health insurance premium.
It's still too soon to tell what will happen with PPACA. I feel like a lot of these insurance industry announcements are political posturing, especially since so many of them came out around the SCOTUS arguments, election times, etc. These companies are rotten as shit.

