Obama's health care solution...
Started by Special_K
almost 17 years ago
Posts: 638
Member since: Aug 2008
Discussion about
This was in barron's from this week: http://s.wsj.net/public/resources/documents/BA_ObaCare090720.pdf
Number One!
but this won't have any effect on manhattan real estate...
*yawn*
I am part of the tax bracket, but you aren't, and I support Obama's health care.
wow special_K, to that 60% marginal rate you have to add 12.4% of Social Security, which is an almost total (imho) waste of money for the young. given that in couples the spouse picks up the max rate from the biggest earner and given how expensive childcare is (unless you are a very low earner and qualify for public child care) it makes absolutely no sense money-wise for the wife to work when young children are in the house. no wonder female participation in the labor force is dropping.
it could make sense in the long term as it prevents her career to be disrupted and for personal gratification if they love what they do, but that's pretty much it.
i am also part of that tax bracket and I support it. The country will fail without a national heath care plan.
I'm in that bracket and I don't support the health plan. Besides doing nothing to constrain costs, it does nothing to force people to reduce their risk profile. As a letter in last weeks NY Times read, "as part of the 1.2% paying for the other 98.8%, could I have at least some say in the amount of exercise they do, how much they weigh, get them to quit smoking and drinking so they could at least minmize my costs".
I agree. We should have a maximum weight per person. That will also help airlines.
wonderboy I am part of the tax bracket
petrfitz i am also part of that tax bracket
are you guys married to each other?
I'm part of the tax bracket, and I'm vehemently OPPOSED to ObamaCare.
The only way we can "fix" our health care system is to completely dismantle the chokehold the insurance companies and big pharma have on it, and start over.
NYCMatt, explain to me how big pharma has a "chokehold" on our health care system.
The vast majority of all medical "research" in this country is in some way funded by pharmaceuticals with the express aim to find only profitable, market-based "solutions" to health problems.
And your alternative proposition is?
admin, as of now, social security caps out around $107k for individuals, so wouldn't be in the top bracket. but with some of the proposals floating around congress, who knows if that will stay at that level.
"The only way we can "fix" our health care system is to completely dismantle the chokehold the insurance companies and big pharma have on it, and start over. "
NYCMatt,
Completely agree. I would add lawyers and illegal aliens to the list.
obama's healthcare proposal is a joke. i am 100% for affordable healthcare. i am 100% for improving our healthcare system through increasing efficiency and lowering costs. i would support hc insurance subsidies for people of lower income. obviously its a complicated issue and i won't go into the gory details here of what i think should happen to do that. but the problem with the democratic plan is very simple = cost.
conservatively, it's going to cost about $1.5 trillion to cover the 47mm people who are currently not covered. and what happens when those 47mm get healthcare for essentially free? guess what, it increases consumption of hc goods/services. thereby increasing hc's share of GDP which obama was complaining about to begin with! even egregious tax hikes will not cover that cost. ultimately, employers who provide hc insurance will be taxed. that will result in many employers cutting benefits and in others just cutting insurance altogether - after all, why not, there's a free government plan waiting to pick up the slack!
so to "reform our health care system which is destroying our economic growth", obama wants to dramatically increase health care costs while increasing taxes. both of those will destroy growth long term.
iamlooking - i would also add Republicans to the list.
Its amazing that tort reform is not even on the table when talking about cost cutting....not saying its the end all be all, but for any conversation to have any creditability this needs to be on the table...
A Doctor can have his 20 year career tarnished because of one mistake after endless hours supporting the greater good...
And then we all pay for it with higher premiums....