Obama slams Republicans for threat to blow up entire economy

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Tero
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Re: Obama slams Republicans for threat to blow up entire eco

Post by Tero » Wed Oct 16, 2013 1:46 pm

Obamacare is peanuts. Most of it is paid by us insurance buyers.

On a side note, are the Republicans planning to keep the house forever? They recently added parliamentary procedure where only the speaker could bring up a senate bill for vote. Previously any congressman could do it.

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Re: Obama slams Republicans for threat to blow up entire eco

Post by Coito ergo sum » Wed Oct 16, 2013 1:53 pm

Tero wrote:Obamacare is peanuts. Most of it is paid by us insurance buyers.
A trillion dollars is peanuts..... plus less affordable premiums, courtesy of the Affordable Care Act. :tea:

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Re: Obama slams Republicans for threat to blow up entire eco

Post by pErvinalia » Wed Oct 16, 2013 1:55 pm

The US (and most western neoliberal countries) are going to have to either raise tax revenues, or drastically cut services. (or a mix of both). The problem is, the stupid public want the services, but aren't willing to pay for it (or, more accurately, they want services, but they also want more and more tax cuts). Idiots.
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Re: Obama slams Republicans for threat to blow up entire eco

Post by Tero » Wed Oct 16, 2013 2:08 pm

Coito ergo sum wrote:
Tero wrote:Obamacare is peanuts. Most of it is paid by us insurance buyers.
A trillion dollars is peanuts..... plus less affordable premiums, courtesy of the Affordable Care Act. :tea:
It hasn't been run yet. Give me a yearly bill a year from Jan.

If it costs a trillion, we raise taxes by a trillion new revenue.

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Re: Obama slams Republicans for threat to blow up entire eco

Post by Tero » Wed Oct 16, 2013 2:10 pm

On a side note, are the Republicans planning to keep the house forever? They recently added parliamentary procedure where only the speaker could bring up a senate bill for vote. Previously any congressman could do it.
.

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Re: Obama slams Republicans for threat to blow up entire eco

Post by pErvinalia » Wed Oct 16, 2013 2:11 pm

Tero wrote:
Coito ergo sum wrote:
Tero wrote:Obamacare is peanuts. Most of it is paid by us insurance buyers.
A trillion dollars is peanuts..... plus less affordable premiums, courtesy of the Affordable Care Act. :tea:
It hasn't been run yet. Give me a yearly bill a year from Jan.

If it costs a trillion, we raise taxes by a trillion new revenue.
But then all the Wealth-CreatorsTM pack up and go to Somalia. :nono:
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Re: Obama slams Republicans for threat to blow up entire eco

Post by Coito ergo sum » Wed Oct 16, 2013 2:16 pm

Tero wrote:
Coito ergo sum wrote:
Tero wrote:Obamacare is peanuts. Most of it is paid by us insurance buyers.
A trillion dollars is peanuts..... plus less affordable premiums, courtesy of the Affordable Care Act. :tea:
It hasn't been run yet. Give me a yearly bill a year from Jan.

If it costs a trillion, we raise taxes by a trillion new revenue.
LOL -- we just print a trillion or borrow a trillion. A trillion here, a trillion there. In Keynesian economic theory, money doesn't really exist, and raising taxes has no effect on anything. We just raise taxes, and there is plenty of money to soak up the costs.

It hasn't run yet, but it's already caused premiums to increase based on the requirements that HAVE actually been put in place. Nobody in their right mind thinks anything becomes more affordable under Obamacare, except for those who get subsidies and most of those would have government assistance now.

It's smoke and mirrors, Tero. Total and complete whoreshit.

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Re: Obama slams Republicans for threat to blow up entire eco

Post by Tero » Wed Oct 16, 2013 2:22 pm

You have no control set..a parallel US ...to compare to. The rule of insurance rates is that they go up. They have never gone down. Hospitals can bill anything they like. 10 dollars for an exam glove.

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Re: Obama slams Republicans for threat to blow up entire eco

Post by Coito ergo sum » Wed Oct 16, 2013 2:24 pm

Tero wrote:You have no control set..a parallel US ...to compare to. The rule of insurance rates is that they go up. They have never gone down. Hospitals can bill anything they like. 10 dollars for an exam glove.
Don't need a control set. You just have to track the costs attributable to the Obamacare requirements. Cost tracking is not some new, mystical science, like the making of fire without flint or tinder.....

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Re: Obama slams Republicans for threat to blow up entire eco

Post by Clinton Huxley » Wed Oct 16, 2013 2:39 pm

From Her Britannic Majesty's Imperial Telenet Service....
On Friday, pro-Beijing Hong Kong newspaper Wen Wei Po predicted that such crises would become more frequent in the future, and said it was a sign of the US's decline.

"This indicates that... the world's dominant empire, the US, is already following the footsteps of the 19th century British Empire," it said.
Still, you had a decent innnings. The world will soon return to its default economic setting of having China as the largest economy....
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Re: Obama slams Republicans for threat to blow up entire eco

Post by mistermack » Wed Oct 16, 2013 3:02 pm

Of course George Bush is to blame for the problem. He spent the money, and didn't take the tax.
wikipedia wrote: The Bush administration increased federal government spending from $1.789 trillion to $2.983 trillion (60%) while revenues increased from $2.025 trillion to $2.524 trillion (from 2000 to 2008).
If Obama had inherited the same finances that George Bush did, there wouldn't be a problem.
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Re: Obama slams Republicans for threat to blow up entire eco

Post by Tero » Wed Oct 16, 2013 3:04 pm

Coito ergo sum wrote:
Tero wrote:You have no control set..a parallel US ...to compare to. The rule of insurance rates is that they go up. They have never gone down. Hospitals can bill anything they like. 10 dollars for an exam glove.
Don't need a control set. You just have to track the costs attributable to the Obamacare requirements. Cost tracking is not some new, mystical science, like the making of fire without flint or tinder.....
It's not going to cost trillions. It's just voters are unwilling to pay for ANYTHING. Gimme gimme gimme. The middle class needs to pay for this the first ten years. Maybe 100 billion a year. Peanuts.

Get budget healthcare available. People will even buy into HMOs if it gets them some healthcare. I liked Kaiser in CA.

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Re: Obama slams Republicans for threat to blow up entire eco

Post by Coito ergo sum » Wed Oct 16, 2013 3:07 pm

Tero wrote:
Coito ergo sum wrote:
Tero wrote:You have no control set..a parallel US ...to compare to. The rule of insurance rates is that they go up. They have never gone down. Hospitals can bill anything they like. 10 dollars for an exam glove.
Don't need a control set. You just have to track the costs attributable to the Obamacare requirements. Cost tracking is not some new, mystical science, like the making of fire without flint or tinder.....
It's not going to cost trillions. It's just voters are unwilling to pay for ANYTHING. Gimme gimme gimme. The middle class needs to pay for this the first ten years. Maybe 100 billion a year. Peanuts.

Get budget healthcare available. People will even buy into HMOs if it gets them some healthcare. I liked Kaiser in CA.
That's patently false, since voters are paying for trillions of dollars worth of stuff already. The "gimme gimme gimme" is coming from the people who aren't doing the paying.

Before Obamacare was passed, one could get insurance in Florida as a single person for under $200 per month. Now people are thanking Obama for getting them insurance for $275 per month with government subsidies. Thanks for the Affordable Care!

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