U.S. Economy Flashes Signs It’s Downhill From Here

Discussion in 'Economics & Trade' started by Pro_Line_FL, Oct 31, 2018.

  1. Kode

    Kode Well-Known Member

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    Though Medicare for All is imperfect with its failure to deal with fee-for-service, prescription drug costs, health facility profiteering, etc. a large majority of Americans want it. So I think a good and thorough system change would also be welcomed. Your comments about "free" are not valid.
     
  2. OldManOnFire

    OldManOnFire Well-Known Member

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    When the median income is $34K, it is guaranteed few of those at or below this income level are going to help fund a public healthcare system...and this is like 80 million American workers! So if healthcare is not free for these people they won't support it. Like Medicare for all...who in this group can afford $300-$400 per month in extra expenses? This is why a public healthcare system is not easily implemented...who is going to fund it?
     
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  3. Kode

    Kode Well-Known Member

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    But it's not.

    [/QUOTE] .....it is guaranteed few of those at or below this income level are going to help fund a public healthcare system...and this is like 80 million American workers! So if healthcare is not free for these people they won't support it. [/QUOTE]
    They already do.

    Who is funding the system we have now? With a reduction of their cost on the order of 25%, it would be an easy win. But to do that it would take a revamping of the whole system to eliminate all waste and over-charging and profiteering. A patch job can't do it I don't believe.
     
  4. OldManOnFire

    OldManOnFire Well-Known Member

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    .....it is guaranteed few of those at or below this income level are going to help fund a public healthcare system...and this is like 80 million American workers! So if healthcare is not free for these people they won't support it. [/QUOTE]
    They already do.


    Who is funding the system we have now? With a reduction of their cost on the order of 25%, it would be an easy win. But to do that it would take a revamping of the whole system to eliminate all waste and over-charging and profiteering. A patch job can't do it I don't believe.[/QUOTE]

    BUT it is. https://fred.stlouisfed.org/series/MEPAINUSA672N

    No one is funding public healthcare because we don't have it...
     
  5. Kode

    Kode Well-Known Member

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    Oh. Ok. I'll have to notify my insurance company that they don't cover me.
     
  6. Quadhole

    Quadhole Well-Known Member

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    I have already said the answer. The Billionaires. They took all the money over the last 30 years. let them pay for it, we will see how fast all the Jewish Doctors start making a lot less.
    It is all corrupt, just like politics, bitoech, all of it. You look at a Doc, CEO of Insurance, the local Hospital, or a biotech, they come at you with a smile, handshake, nice to meet ya... White collar crooks, they just dont know it, every week it is easy for them to ask for .5% more because their buddy did it too... One big NON conspiracy lunny Bunch charging as much as they dame well please.
    WHen they do, the insurance corp. does, the middle provider and so on, right down to the hospital. Why ? Because we deregulate it all and work on Trust. How many millionaires and billionaires would you trust if asked ?

    None, unless you met them and seen how nice they were. You might think the guy makes 150K when he make 6M and you have not a clue because he is continuously putting the money back into a new venture, retirement community, nursing home, imagining center. The past 25 years the doc that made 100K back then now makes 10M with all they have. You just dont know it. And the first doc. to pipe up will be the ER guy that doesnt even know it... They are a closed society and you must partake in the STAR to be allowed into the venture capitalist side.
     
  7. Quadhole

    Quadhole Well-Known Member

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    There is easily 10K Jewish PHD in this country that make 10M a year each off of Biotechs. A few hundred that make 100M plus and 100 that make 1B a year.
     
  8. OldManOnFire

    OldManOnFire Well-Known Member

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    Public healthcare is a system that provides healthcare to ALL citizens of a particular nation...we do not have this in the US...
     
  9. Kode

    Kode Well-Known Member

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  10. OldManOnFire

    OldManOnFire Well-Known Member

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  11. Kode

    Kode Well-Known Member

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    Well that would be a contrived question. There's more to it than that. How about 10% of income starting at income of $30,000/year up to an income of $102,000/year, and then $850/month after that, and a copay of 15%?
     
    Last edited: Nov 26, 2018
  12. Merwen

    Merwen Well-Known Member

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    https://www.allacronyms.com/_Business/STAR


    ?
     
  13. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    There is no meaningful relationship whatsoever between these events.

    Obama was screwed by the Replicants (after taking control of the HofR in the 2009 midterms) who would not pass any new Expenditure Bill that would have bolstered employment after 2010. (They were looking to oust him with high-employment in 2012. Didn't work, did it? But who paid the bill? All those who remained unemployed! Did the Replicants give a damn? Nope!)

    So, without Stimulus Spending, America's Employment-to-population Ration stagnated from 2010 to 2014. From the Bureaus of Labor Statistics here below "E-to-p Ratio":
    [​IMG]
    The fact that the economy kick-started employment creation was a fortunate but totally unplanned economic circumstance. Because the Replicants continued to refuse any large outlay of Stimulus Spending.

    Given that history, you (plural) should know who your friends are if you are earning at or below the Median Wage of around $61K a year ... !
     
  14. OldManOnFire

    OldManOnFire Well-Known Member

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    Like I said...everyone wants healthcare for free which you prove above with your 'starting at income of $30,000/year'. This is precisely why public healthcare cannot get started in the US...125 million Americans want others to fund it...
     
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  15. Kode

    Kode Well-Known Member

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    So you would require a person who is trying to live on an income of $1,000 or $2,000 per month to pay $100 or $200 buck for their health coverage as well. Most people including conservatives disagree.
     
  16. Reiver

    Reiver Well-Known Member

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    Yep. Some people will want to free ride; that doesnt explain, mind you, their failure to support an optimal outcome.
     
  17. OldManOnFire

    OldManOnFire Well-Known Member

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    I don't want anything?? I'm saying one reason why we don't have public healthcare is because 125 million Americans want it for free! This means the other 125 million American adults must fund it. BTW...the ones you want to fund everything are already paying the bulk of income taxes. More BTW...Americans spend about $3.2 TRILLION per year on healthcare. People living on SS are paying for Medicare so why not other Americans who are not on SS?
     
  18. OldManOnFire

    OldManOnFire Well-Known Member

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    I'm all for an optimal outcome in healthcare but it will require a wholesale change from the current $3.2 TRILLION that Americans are spending every year...
     
  19. Kode

    Kode Well-Known Member

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    I didn't say that.

    How do you know that?

    We're in this pickle in which many working people can't afford to support themselves and qualify for public support BECAUSE the economy is so f'ed up! Average real wages FLAT for 35 years? Wealth and income disparity to the extreme? People having to work 2 PART-TIME JOBS to get by because corporations don't want to pay for benefits? Those employees having to buy their own f'ed up healthcare? Minimum wage unchanged for much too long and way out of sync with inflation? Poverty rate increasing?

    And now the right wants to use the fact that so many qualify for public assistance due to them getting screwed, and declare the problem is that "obviously" we need to make it harder to qualify for public assistance!... Thereby SCREWING THEM AGAIN.

    With the wealth and income disparity being what it is, it is clear that the wealthy have been handed an exceptional deal at the expense of the rest of us. So I see taxing their income with a 90% top bracket again as was done by FDR, is not only appropriate and a necessary solution, but also fair and just. We need to claw back some of those dollars for the good and the nation. But who would do it? There is no one to do it and no one who WILL do it because unlike in the case of FDR, we have no workers' organization big enough and powerful enough to force it.
     
  20. OldManOnFire

    OldManOnFire Well-Known Member

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    If you tell me I'm going to be taxed in a 90% bracket, two things will happen; First I'm going to cheat in every way imaginable to avoid paying taxes, and second, I will begin moving my money out of the USA. People with resources can be pushed only so much and then they will fight back...and win.

    The economy is a pot of opportunity for everyone to be involved in whatever way they wish. The private sector economy is not owned by the government or the people. Each person decides how they will extract their income from the economy. Some will never work, some will work labor jobs, some will work technical and professional jobs, some will work as volunteers, some will start businesses, and everything in between. I don't see how those who succeed financially more than others should be expected to fund a majority of the government?? IMO all Americans should help fund the governments which they demand and there are myriad ways to do this...
     
  21. Kode

    Kode Well-Known Member

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    In the first instance, you would be found out and would pay the price of tax evasion and more. In the second case, with such a large percentage taken in a top bracket plus the progressive rates beneath it, the government would anticipate and more to prevent such transfers to other countries. So your objections need to be thought-out a bit more.

    GREAT theory, but it is also a great fantasy.

    But then why don't you also object that congress should not be in a position to be bought out by the rich through Citizens United for example, and to be handed ready-to-submit legislation from lobbyists in A.L.E.C., all of which has resulted in a wide array of laws on business and money that make our income and wealth disparity so extreme? You want the lowest-paid worker to pay taxes but you don't object to a playing field tilted in favor of the rich! LOL!!!

    That imbalance MUST be corrected, just as the low minimum wage MUST be corrected. AND national healthcare MUST be next.
     
  22. Reiver

    Reiver Well-Known Member

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    Given national health care is found to be more efficient, where would the US spend the saved money? Games of Thrones music boxes?
     
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  23. OldManOnFire

    OldManOnFire Well-Known Member

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    You need a reality check about paying taxes! Today people cheat the IRS...tens of millions of them! Once you force higher taxes on people the cheating simply increases and tax revenues will go down. Why don't tens of millions of Americans who every single day who exceed the 65mph speed limit get a speeding ticket? It's because enforcement is impossible! The government can't tell me where to spend my money??

    I guess you worked in your life...or owned a business?? For if you did, you would know that the economy is there for the taking. Each person decides how they will interact with the economy.

    If you wish to debate Citizens United then say so...meanwhile I thought we were talking about the economy??

    Yeah right...ready to submit legislation...like that from education lobbyists, or children's rights lobbyists, or science based lobbyists, or civil rights lobbyists, etc. etc. etc. all such evil people...
     
  24. OldManOnFire

    OldManOnFire Well-Known Member

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    The US will never spend less than it does now. Any conversion to public health care will take decades. The cost of healthcare will always increase due to the population, more people unhealthy, and technology advances...
     
  25. Kode

    Kode Well-Known Member

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    You still haven't documented that, so it still seems to be your opinion.

    Yes I worked all my life AND I owned a business, but I never tried to cheat on taxes, so I wouldn't know about such things.

    C.U. was obviously to explore your hypocrisy, and it is very much tied to the economy.

    Who do you think you're kidding...
    Koch Industries, GlaxoSmithKline, Bayer, Pfizer, AT&T, Cato Institute, ExxonMobil, and over 100 more.
    https://en.wikipedia.org/wiki/List_of_members_of_the_American_Legislative_Exchange_Council
     

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