SUBSIM Radio Room Forums - legislation supposed to save money?

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legislation supposed to save money?

Reality begins to set in...

How is that stimulus working for you?

Quote:

Though he offered no concrete proposals for fiscal reform, Bernanke flagged the rising cost of healthcare and social security programs as key hurdles in refreshing his warnings on the United States' growing debt burden.

"In the absence of further policy actions, the federal budget appears set to remain on an unsustainable path," Bernanke told the 18-member National Commission on Fiscal Responsibility and Reform.

http://news.yahoo.com/s/nm/20100427/...cit_bernanke_3

Cost reduction was the goal of real healthcare reform. The bill passed has nothing at all to do with improving healthcare or reducing cost since it will do neither.

Any American supporters of this bill that do not have substantial incomes (solid six figures I'd guess) can look forward to a good chance of getting dumped into medicaid at some point in the future by their employers. The penalty fee is below the cost of insurance, so why not eat the "fine" and dump everyone?

Since docs cannot afford to take medicaid patients, you'll be limited to crowded clinics for primary care, and you'll likely need to be admitted from the ER if you want to see a specialist since while specialists can not take medicaid at their offices, they are required to take ER call to get privileges at the hospitals.

I'll certainly bitch at paying higher taxes, etc, to pay for this, but regardless, we'll still be able to afford private insurance, regardless of what happens. Those of us that can do this will pay more, but the disparity in care will become far more pronounced. I'll get seen today or tomorrow, you'll be at the clinic in a few days, and wait hours into the bargain. This bill sets a path towards a much worse state of "haves and have nots" IMHO.

Quote:

"In the absence of further policy actions, the federal budget appears set to remain on an unsustainable path," Bernanke told the 18-member National Commission on Fiscal Responsibility and Reform.

Arrogant Keynesian bastard. That's always the story, isn't it? There's always an adjustment that is needed, and the power with which to perform it.

The truth is that politicians simply cannot keep pace with economic realities. Every day there are billions of people who make the untold numbers of voluntary transactions that keep this world turning.

%^$#-ing parasites. :nope:

Huh I dident know Bernanke was from Kenya... learn something every day :haha:

all i can say is that my wife's health insurance costs increased by about 45% in a matter of about 2 or 3 days after the passage of that nightmare bill

im positive we will see further increases

:shifty:

Quote:

Originally Posted by SteamWake (Post 1376460)

Huh I dident know Bernanke was from Kenya... learn something every day :haha:

:rotfl2: Cute, SW.

Wait...you are joking, right? I just noticed that you mispelled "didn't" and "wasn't" so it may be possible that you misunderstood "Keynesian". I'm not trying to be an ass, but I am confused now.

When I start spelling stuff right its time to wonder :yeah:

Hey look the thread title 'fixed' itself !! :D