US Healthcare Reform - PPACA - Page 3

The Gaffer · 01-29-2011, 04:39 AM

At least you guys have an economy that is growing. That is the best way to reduce any deficit.

Our lot have embarked on a massive austerity drive, the biggest since the 1920s, and it has battered our economy straight back into negative growth. Utter eedjits. Don't make the same mistake would be my advice.

inked · 01-29-2011, 04:06 PM

Growing, yes, slowly. but that is better than not at all.

I have yet to figure how I can spend myself out of a deficit. I rather think that a nation cannot do so either.

What do you think?

mithrand1r · 01-29-2011, 11:24 PM

Quote:

Originally Posted by inked

Growing, yes, slowly. but that is better than not at all.

I have yet to figure how I can spend myself out of a deficit. I rather think that a nation cannot do so either.

What do you think?

I do not think it is possible to spend oneself out of a deficit unless you are spending another person's money.

I do not like the idea of being forced to buy anything. It does not seem as if Insurance Co. will have much incentive to be competitive on their policy offerings if they know you must buy something or face penalties from the Feds.

If government ran more efficiently and stayed to their core responsibilities, then in theory the cost of government would be less. if people needed to pay less in taxes, then they might have money available to purchase insurance on their own, if they choose to do so.

The Gaffer · 01-30-2011, 07:36 PM

I agree that it is kind of daft to force people to buy stuff. Far more sensible, and more efficient, to be done with it and pay through tax instead.

Of course, having health insurance could be considered like motor insurance: i.e. by not having it, you are putting others at risk.

I gather that you guys are already quite hardline about similar things, such as having your kids vaccinated before they can go to a state school.

Re: spending your way out of recession, I wouldn't know about that. If you can grow your economy, your debts may shrink as a percentage of your income.

inked · 01-31-2011, 09:36 AM

Amazingly, that is how the "spend yourself out of a recession or debt" seems to be supposed to work, Gaffer, as I understand it.

I suspect that if I did that the end result would be a lot of borrowed money and inability to repay. What do you do when the creek runs dry?

I think Greece points the way here, along with Ireland.

Call me old-fashioned, but if it won't work on the household level, why should it fare differently on the national?

The Gaffer · 01-31-2011, 12:26 PM

You are old-fashioned.

If you were to try it, as long as you were able to repay your debt, they would carry on lending it to you. And everyone is happy, especially the bankers that cream off a nice wee portion for themselves.

Clearly, if your debt is growing faster than your income over a prolonged period, then people are going to get twitchy.

inked · 02-01-2011, 10:43 PM

(Reuters) - A federal judge in Florida struck down President Barack Obama's landmark healthcare overhaul as unconstitutional on Monday in the biggest legal challenge yet to federal authority to enact the law.

... http://www.reuters.com/article/2011/...ame=healthNews

This is the 2nd Federal Judge to rule this way.

and here http://www.reuters.com/article/2011/...70U7EG20110131

(Reuters) - More than half of all states have launched lawsuits challenging the constitutionality of the healthcare reforms championed by President Barack Obama, leading a judge to strike down the landmark law on Monday. ...

01-29-2011, 04:06 PM	#42
inked Elf Lord Join Date: Oct 2004 Location: sikeston, MO, usa, earth, sol Posts: 3,114	Growing, yes, slowly. but that is better than not at all. I have yet to figure how I can spend myself out of a deficit. I rather think that a nation cannot do so either. What do you think? __________________ Inked "Aslan is not a tame lion." CSL/LWW "The new school [acts] as if it required...courage to say a blasphemy. There is only one thing that requires real courage to say, and that is a truism." GK Chesterton "And there is always the danger of allowing people to suppose that our modern times are so wholly unlike any other times that the fundamental facts about man's nature have wholly changed with changing circumstances." Dorothy L. Sayers, 1 Sept. 1941

01-30-2011, 07:36 PM	#44
The Gaffer Elf Lord Join Date: Sep 2003 Location: In me taters Posts: 3,288	I agree that it is kind of daft to force people to buy stuff. Far more sensible, and more efficient, to be done with it and pay through tax instead. Of course, having health insurance could be considered like motor insurance: i.e. by not having it, you are putting others at risk. I gather that you guys are already quite hardline about similar things, such as having your kids vaccinated before they can go to a state school. Re: spending your way out of recession, I wouldn't know about that. If you can grow your economy, your debts may shrink as a percentage of your income. Last edited by The Gaffer : 01-30-2011 at 07:39 PM.

01-31-2011, 09:36 AM	#45
inked Elf Lord Join Date: Oct 2004 Location: sikeston, MO, usa, earth, sol Posts: 3,114	Amazingly, that is how the "spend yourself out of a recession or debt" seems to be supposed to work, Gaffer, as I understand it. I suspect that if I did that the end result would be a lot of borrowed money and inability to repay. What do you do when the creek runs dry? I think Greece points the way here, along with Ireland. Call me old-fashioned, but if it won't work on the household level, why should it fare differently on the national? __________________ Inked "Aslan is not a tame lion." CSL/LWW "The new school [acts] as if it required...courage to say a blasphemy. There is only one thing that requires real courage to say, and that is a truism." GK Chesterton "And there is always the danger of allowing people to suppose that our modern times are so wholly unlike any other times that the fundamental facts about man's nature have wholly changed with changing circumstances." Dorothy L. Sayers, 1 Sept. 1941

02-01-2011, 10:43 PM	#47
inked Elf Lord Join Date: Oct 2004 Location: sikeston, MO, usa, earth, sol Posts: 3,114	(Reuters) - A federal judge in Florida struck down President Barack Obama's landmark healthcare overhaul as unconstitutional on Monday in the biggest legal challenge yet to federal authority to enact the law. ... http://www.reuters.com/article/2011/...ame=healthNews This is the 2nd Federal Judge to rule this way. and here http://www.reuters.com/article/2011/...70U7EG20110131 (Reuters) - More than half of all states have launched lawsuits challenging the constitutionality of the healthcare reforms championed by President Barack Obama, leading a judge to strike down the landmark law on Monday. ... __________________ Inked "Aslan is not a tame lion." CSL/LWW "The new school [acts] as if it required...courage to say a blasphemy. There is only one thing that requires real courage to say, and that is a truism." GK Chesterton "And there is always the danger of allowing people to suppose that our modern times are so wholly unlike any other times that the fundamental facts about man's nature have wholly changed with changing circumstances." Dorothy L. Sayers, 1 Sept. 1941

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01-29-2011, 04:39 AM	#41
The Gaffer Elf Lord Join Date: Sep 2003 Location: In me taters Posts: 3,288	At least you guys have an economy that is growing. That is the best way to reduce any deficit. Our lot have embarked on a massive austerity drive, the biggest since the 1920s, and it has battered our economy straight back into negative growth. Utter eedjits. Don't make the same mistake would be my advice.

01-31-2011, 12:26 PM	#46
The Gaffer Elf Lord Join Date: Sep 2003 Location: In me taters Posts: 3,288	You are old-fashioned. If you were to try it, as long as you were able to repay your debt, they would carry on lending it to you. And everyone is happy, especially the bankers that cream off a nice wee portion for themselves. Clearly, if your debt is growing faster than your income over a prolonged period, then people are going to get twitchy.