obamaKare: the destruction begins
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BoatShoes
The economist I quoted who gets paid to be right feels the same way. Hope this helps.gut;1580389 wrote:Yeah, accept this as close as Boatshoes is going to come to admitting the folly of his ways.
HUGE tax increases and HUGE spending cuts...contractionary policy....absolutely hysterical. In typical liberal fashion (and much like Obama) he grossly distorts reality to somehow make subpar growth look like an accomplishment.
Then again, when your solution is to spend your way to prosperity then you can make the case than anything short of unlimited govt spending is contractionary. A very conveniently contrived argument he's made here.
Our subpar growth is good considering the aggregate demand sucked out of the private economy by ignorant deficit-scolds who think that a country with Monetary Sovereignty can experience a debt crisis in any obligations denominated in its own currency. The ability of Forward Guidance and QEIII to stave off a recession is encouraging and impressive. A huge deficit causing tax cut or simply not doing the tax raises and spending cuts of the fiscal cliff would've been better for growth but our monetary policy driven growth is better than nothing.
The world is a better place now that we know technocrats at central banks can stop deficit-hawks from ruining their own economies. -
I Wear Pants
No it hasn't.QuakerOats;1579791 wrote:^^^ Bizarre commentary. How, with a straight face, could you possibly call "a success" a program that has already caused MASSIVE new cost increases; MASSIVE new increases in deductibles, forces people to lose their doctor, is proving to be a job killer, and will still leave over 30 million people uninsured (completely defying its original stated intent).
Incredible.
No wonder obama got elected: there are apparently many fools and marxists among us.
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QuakerOatsDr Winston O'Boogie;1580404 wrote:I'm not a Marxist. My wife calls me a fool, but that's another story. The ballooning costs of health care are unchecked in the system we had. It's like the selling candy at the movies. Forcing the distribution of economics along the entire chain instead of the highly inefficient places where it was will not raise costs in the long run. Of course we're 6 weeks in and cannot properly judge anything at this point.
Name calling. Typical.
In its first year obamaKare has resulted in premium increases of 30 - 100%, about ten times the increases we had. On top of that, deductibles have gone up 5 - 10 fold. I am not sure what planet you live on, but you obviously have no idea what is actually occurring.
Good luck. -
QuakerOatsI Wear Pants;1580456 wrote:No it hasn't.
Yes, it has. See post above. -
QuakerOatsQuakerOats;1574412 wrote:http://www.weeklystandard.com/blogs/watch-employees-pennsylvania-company-learn-increased-health-costs-due-obamacare_775944.html
Watch this video as small business employees get the knockout punch from obamaKare.
The devastation is just beginning. Simply unbelievable.
Maybe some in the group need to refresh themselves with this real life video. -
gut
You've got a really low threshold for what "works". It hasn't worked over the better part of two decades in Japan. And $4T later we have very little to show for QE.BoatShoes;1580439 wrote: Monetary Policy can work too even at the zero bound.
Fiscal contraction? LOL, at least that's a lot more accurate than your "austerity" rants. -
gut
Wow, please explain how Obamakare lowered healthcare costs before it was even implemented? It couldn't be that job losses (and people losing coverage or being forced to choose cheaper plans) had anything to do with that.I Wear Pants;1580456 wrote:No it hasn't.
Increase 80bps (as a % of GDP) in Bush's 2nd term, but Obama is doing better because it hasn't gone up after spiking 110bps in his first year. Sort of like the argument how Obama has reduced the deficit. -
jmog
So a plan that doesn't start until 2014 you show a graph that only goes through 2011? Come on IWP, at least be intellectually honest.I Wear Pants;1580456 wrote:No it hasn't.
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QuakerOatsQuakerOats;1580391 wrote:It is the new normal, gut:
jobs are bad / free time is good
personal responsibility is bad / government dependency is good
capitalism is bad / marxism is good
fiscal restraint is bad / government debt at 110% of GDP is good
individual liberty is bad / collectivism is good
using our God-given resources is bad / using the EPA as the weapon of choice to kill economic freedom is good
We have elected the enemy
I guess I missed one:
CBS: Extreme Cold Caused by 'Excess Heat'...
tooo funny .................... amazing how liberals are so completely fucked up. -
HitsRus
^^^
Yeah, I could have posted this is 'meme's....but it seemed so appropriate here. -
BoatShoes
Obviously a large deficit causing tax cut is easier and works a lot more efficiently than forward guidance and QE but it is better than the alternative of the depression that results from tight money i.e. the ECB and also tight fiscal policies i.e. all of Europe.gut;1580559 wrote:You've got a really low threshold for what "works". It hasn't worked over the better part of two decades in Japan. And $4T later we have very little to show for QE.
Fiscal contraction? LOL, at least that's a lot more accurate than your "austerity" rants.
And I'll say it again. It is not just me the wild eyed liberal calling it austerity/fiscal contraction...it is also economists who are paid to be right and libertarian heirs to Milton Friedman, etc. -
believer
[video=youtube;AlRw1AvRe04][/video] -
QuakerOats3 WV daycares shut down citing Obamacare...
Kids and families victimized yet again by this radical regime.
Change we can believe in ... -
gut
That just means parents will spend more time with their kids. Yet another positive of Obamakare that the right is attempting to demonize.QuakerOats;1582762 wrote:3 WV daycares shut down citing Obamacare... -
Manhattan Buckeye
Jon Stewart'ed.gut;1582822 wrote:That just means parents will spend more time with their kids. Yet another positive of Obamakare that the right is attempting to demonize.
Seriously what happened with that guy? He's so up Obama's butt he's smoking small intestine these days. And he isn't funny. -
QuakerOatshttp://washingtonexaminer.com/new-obama-initiative-tramples-first-amendment-protections/article/2544363
FCC brown shirts now coming to intimidate media.
This regime knows no bounds.
Change we can believe in ... -
QuakerOats[h=3]Report Claims ACA Medical Device Tax Killed 33,000 Jobs Last Year.[/h]The Washington Times (2/23, Howell) reports that a new report from the Advanced Medical Technology Association concludes that the Affordable Care Act’s “tax on medical device manufacturers forced companies to lay off or avoid hiring 33,000 workers last year.” According to the Times, the report “said companies cut about 14,000 workers and decided not to hire about 19,000 workers because of the tax.”
And the job destroyers in this regime could care less. -
Dr Winston O'Boogie
http://www.washingtonpost.com/blogs/fact-checker/wp/2014/02/20/a-hard-hitting-anti-obamacare-ad-makes-a-claim-that-doesnt-add-up/QuakerOats;1583129 wrote:
This factcheck column essentially refutes this lady's claims about the damage Obamacare is doing to her. Her story of illness is sad. But her claims are BS. Typical fear inciting from the Koch brothers. The only thing missing is the idiot Ted Nugent narrating. -
Manhattan BuckeyeI don't know about that woman, but this is a fact, and I don't need the Washington Post to investigate....I can scan our insurer's update. Our employees' premiums will increase 40% next year. The vast majority of our crew are male, and approximately half are youngish (young being a relative term admittedly, but for the most part under 35). They are paying a "tax" for insurance they don't need, and to pay for other people they shouldn't have to pay for.
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Manhattan BuckeyeAnd here is a Forbes article backing me up:
http://www.forbes.com/sites/theapothecary/2014/02/25/the-next-shoe-to-drop-obamacare-will-increase-the-cost-of-employer-sponsored-insurance/?partner=yahootix
For pretty much every business under 500 employees, there will be increases. We have young, healthy 26 year olds that paid $175/month premium under the former plan now paying about $285/month under Obamacare. An increase is affordable. Is this Boatshoes logic? -
QuakerOatsDr Winston O'Boogie;1584264 wrote:http://www.washingtonpost.com/blogs/fact-checker/wp/2014/02/20/a-hard-hitting-anti-obamacare-ad-makes-a-claim-that-doesnt-add-up/
This factcheck column essentially refutes this lady's claims about the damage Obamacare is doing to her. Her story of illness is sad. But her claims are BS. Typical fear inciting from the Koch brothers. The only thing missing is the idiot Ted Nugent narrating.
Horse shit.
And for another glowing example of the crushing pain being inflicted upon Americans by this disastrous law you can read the piece in Monday's Wall St. Journal by Stephen Blackwood, president of Ralston College in Georgia, about his mother. Effectively, she will be killed by obamaKare.
Hope you are happy. -
like_that
Those 26 year olds can go under their parents' plans though!!!!!Manhattan Buckeye;1584327 wrote:And here is a Forbes article backing me up:
http://www.forbes.com/sites/theapothecary/2014/02/25/the-next-shoe-to-drop-obamacare-will-increase-the-cost-of-employer-sponsored-insurance/?partner=yahootix
For pretty much every business under 500 employees, there will be increases. We have young, healthy 26 year olds that paid $175/month premium under the former plan now paying about $285/month under Obamacare. An increase is affordable. Is this Boatshoes logic? -
gut
But the dirty secret is they always have. The young & single have always subsidized older workers with families. They WOULD have been better off taking the $7k for their healthcare benefit in salary and buying private insurance (and the older workers with families would be a net loser).Manhattan Buckeye;1584290 wrote: They are paying a "tax" for insurance they don't need, and to pay for other people they shouldn't have to pay for.
Of course, now they also have to subsidize the uninsured.