Bernie is already blowing up the stock market.
- Thread starter WeToddDid2
- Start date
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The tariffs with China were on July 6th. You made a circle around december 2017 for the walmart one. Then you had to make a 2nd circle on the Amazon one because it didn't fit your narrative as Amzn was still up, so you pointed at a point when there was a pull back in the ENTIRE market and then claim "tariffs"
You are fake news.
Why not? Wouldn't the cost be better spread across a larger population base? How do you think insurance companies operate?
Yes, let's ignore the tit for tat tariff war that went on for months. Move on, you're clearly out of your element
The tit for tat tariff war has actually been great for the market. Every time a "progress being made" blurb comes out, the market leaps. It's actually ridiculous at this standpoint. Last year, before tariffs had gone into effect, the inventory build was massive. That added a significant jump to GDP.
Medicare for all will cost tens of trillions of dollars for starters and will totally bankrupt the US! Look at the NHS in the UK, it is suffering huge deficits and care is being rationed more and more resulting in people dying! Under the Socialists, they expect the doctors and nurses to work for "free". Doctors have already retired because they cannot live on the small fees they are paid under Medicare, you think those still accepting Medicare will continue to accept it? Also, note those on Medicare actually paid for Medicare with the premiums from their paycheck deductions! Now, the Socialists want to give it to everyone off the street who did not pay one red cent to get it? That would be financially, unsustainable. Even Bernie Sanders is not willing to pay higher taxes so, I guess he will write a bill to exempt himself and members of Congress?
I'm not sure where you get the tens of trillions number. But I'd argue that any medicare for all plan has to include a big stomp on the insurance and pharmaceutical companies, as the prices paid in this country are quite literally insane and unsustainable. Attack the prices, attack tort law, attack insurance, and raise corporate taxes somewhat for the benefit they will get for not having to provide health insurance (which is quite significant). This shelters corporations from increased costs of healthcare. Allow for private based insurance plans and allow doctors to have cash payment models allowing them to continue providing healthcare in private if they wish. Technology will still develop. There is the risk of rationing healthcare. That doesn't go away, but your insurance companies already do this when they deny claims regularly.
This will also have an indirect effect of raising salaries and hourly pay, as employees no longer look at jobs for their benefits, they'll look more for quality of life and pay.
You are in effect going to give everyone insurance whether they pay for it or not! Like Obamacare now, where a select few benefit from subsidies from others whose own premiums go thru the roof because the insurance companies jack up rates to cover those who might not pay up like illegals using emergency rooms, those being subsidized among other fees. There are no free lunches which is lost on a lot of people. Someone will end up paying for it and more than likely, it will be us! The only difference with Medicare for all is the government will run everything and you know with government running things, it becomes even more inefficient with more useless bureaucrats collecting 6 figure salaries on top of perks, it becomes more costly not save monies as those who believe in unicorns think! There will be less doctors working too. They will just retire than work for free when the Medicare reimbursements get cut year after year! Insurance companies will opt out because it will not make economic sense for them. The Federal government will own the hospitals and dole out care and ration it by force of necessity! Even that is not going to be enough! Look at the NHS of the UK as a preview of things to come! Then, after that, much like Cuba! Watch The UnAmerican movie on Amazon Prime to see what healthcare really is like in the UK and Cuba.
Fantastic post!!!!!!!
Retail says otherwise (sector I mentioned), which isn't even my point (showing the hypocrisy of crying foul over the immediate effect of some comment/tweet/news on healthcare, but not on tariffs):