Credit-card economics

Discussion in 'Economics & Trade' started by pjohns, Jul 26, 2019.

  1. 61falcon

    61falcon Well-Known Member

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    America has the most expensive, by far, health care in the world and we are nowhere near the best11!Hospital mistakes are the third leading cause of death right behind heart disease and cancer.
     
  2. CourtJester

    CourtJester Well-Known Member

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    Irrelevent since America already pays for the healthcare at the rate of 17% plus og GDP.

    And not sure where you heard either Bernie or Warren say the rich could or should pay off the national debt. Now it is a fact that the very rich are owning an increasing share of the national wealth and that the endless Republican tax cuts for the rich have been a significant factor.
     
  3. Texan

    Texan Well-Known Member

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    The 10th Amendment supersedes anything before it in the Constitution, including the preamble.
     
  4. Bluesguy

    Bluesguy Well-Known Member Donor

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    They reason we got to the measly $161B was n part because of the tax rage cuts. Clinton tried that, raising rates, and he slowed the tax revenue growth he inherited. Clinton raised cap gains to 29% and collected $67B. Bush cut them to 15% and collected $138B.
     
  5. Bluesguy

    Bluesguy Well-Known Member Donor

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    Promote not provide and nownit has no legal importance.
     
  6. JET3534

    JET3534 Well-Known Member

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    I understand they want the rich to pay for increasing expenditures, not pay down the debt. My point is that if we can get all of this money from the rich let's stop talking and do it. Us the money to pay off the debt and then talk about the free stuff. Of course the rich don't have the money to pay for all of the free stuff demanded -- so the middle class will pick up the tab.
     
  7. JET3534

    JET3534 Well-Known Member

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    Wasn't the 10th Amendment thing that bothered Obama the most about the Constitution?
     
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  8. CourtJester

    CourtJester Well-Known Member

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    Actually is there any reason to think Medicare for all will increase the percentage of GDP now going to healthcare?

    And as for getting money from the rich the Trump tax cuts went about 87% to the top ten percent.
     
  9. CourtJester

    CourtJester Well-Known Member

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    Imagree with your position on nownit!
     
  10. Bluesguy

    Bluesguy Well-Known Member Donor

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    Do you touch type on a tablet?

    "nownit"

    Sometimes it's it an "n" sometimes a "b". When I see it in someone else's post online I know what it is and certainly don't find it necessary to point it out. Why do you?

    So did you have anything of substance to say?
     
    Last edited: Aug 5, 2019
  11. Bluesguy

    Bluesguy Well-Known Member Donor

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    Yes we have a lot of the best care in the world and go to extremes to cure and save people that would never occur in other countries. Should we cut back?
     
  12. CourtJester

    CourtJester Well-Known Member

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    That old Bush obe time collection. Of course people dump capital assets when the tax rate goes down. Only works one time.
     
  13. Bluesguy

    Bluesguy Well-Known Member Donor

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    Well they pay 90% of the taxes
     
  14. CourtJester

    CourtJester Well-Known Member

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    Except of course we do not have the best healthcare outcomes.
     
  15. CourtJester

    CourtJester Well-Known Member

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    Of course but there was no reason to cut their taxes. The rich are doing just fine getting an ever increasing share of the wealth.
     
  16. JET3534

    JET3534 Well-Known Member

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    I am more concerned about what the taxpayer pays, rather than the percentage of GDP. Particularly this taxpayer. I am concerned about getting the high quality health care I currently get.

    Health care spending grows as a percentage of GDP because people live longer and medical technology/innovation grow in complexity and cost.

    Obamacare promised great things and a middle class person paid more and got less. I don't trust the Dims.

    The Trump tax cut to me was a con job. And I will admit that he is a con man. But better a somewhat well intentioned con man than one of the neo Stalinists offered up by the other side.
     
  17. JET3534

    JET3534 Well-Known Member

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    Most liberals don't seem to understand the principle of dilution.
     
  18. CourtJester

    CourtJester Well-Known Member

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    Neo Stalinists? I thought the uniformed usually goes for Socialist.
     
  19. LangleyMan

    LangleyMan Well-Known Member

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    The Canadian system has no co-pays and I get all the preventive diagnostic tests for nothing. Only once did my wife consider paying for a diagnostic test, but dropped the idea when she got the test she needed (a colonoscopy) within a couple of days.

    I broke my ankle in 2007--my cleat stuck in the mud on a steep side hill the 8th hole. I walked off the course, drove home at around 9:30 am. Saw my doc at 10:30, got an x-ray at the hospital around 11:30, and had an orthopedic surgeon at the hospital set my ankle in a cast by 1:30. The only thing they didn't do was speed up the healing.

    There are sometimes delays in seeing specialists in the Canadian system, but there are ways around that. If you have a long-term issue, you might have to pay $200/month for concierge service with a clinic and they know how to make waiting lists disappear, as Trump might say, fast.
     
  20. CourtJester

    CourtJester Well-Known Member

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    Well why don't you pretend to explain how that is relevent to America's dismal healthcare outcomes.
     
  21. Mac-7

    Mac-7 Banned

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    Its not the rule of law
     
  22. LangleyMan

    LangleyMan Well-Known Member

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    Maybe they don't, but I use the Canadian system instead of Medicare because it's better. No co-pays, either.
     
  23. CourtJester

    CourtJester Well-Known Member

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    The rule of law is what the courts decide it is.
     
  24. Mac-7

    Mac-7 Banned

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    They may

    Roberts and other obama flunkies in the federal courts are pulling ruling out of their asses
     
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  25. JET3534

    JET3534 Well-Known Member

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    I am not going to repost an earlier recitation of my healthcare experiences. but they were not dismal. I don't know anyone, even people who use medicaid, who do not receive first class medical care. So you are going to have to explain what you mean by "dismal."

    Now as to dilution - when you have something that is not sustainable (Medicare) and come up with Medicare for all that represents the principle of dilution.
     
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