Why would it work even if global?
Bernie Sanders...Is this a case for buying and holding quality stocks??
- Thread starter Cabin111
- Start date
Here's Reason:
So people switched from trading on Sweden's markets to London's - hilarious. Sort of like how taxing the rich directly just makes them hide their money further. You have to be more clever than this.
That's where you're wrong. It won't cause mass hysteria and illiquidity in a market where it costs virtually nothing to trade anymore. Majority of people are indexed, and those indexes will pass the costs on to the investor via increased net expense ratio. You're thinking too much about the minority (actual real traders) and not the average person (indexed, maybe buy a few ETFs if they're frisky). The latter group is several orders of magnitude larger than the former. They wont even feel this - perhaps if they trade mutual funds they will a little more. This agrees with your point, however, that he won't collect what he expects. Perhaps back in the 80s when Sweden made this change and markets were globally interconnected and virtually free to trade in and between it would've mattered more.
The real concern is letting the democratic socialists get any sort of foothold in the market. Much like everything else they touch, they will destroy that too. All in the name of equality of outcome.
So people switched from trading on Sweden's markets to London's - hilarious. Sort of like how taxing the rich directly just makes them hide their money further. You have to be more clever than this.
That's where you're wrong. It won't cause mass hysteria and illiquidity in a market where it costs virtually nothing to trade anymore. Majority of people are indexed, and those indexes will pass the costs on to the investor via increased net expense ratio. You're thinking too much about the minority (actual real traders) and not the average person (indexed, maybe buy a few ETFs if they're frisky). The latter group is several orders of magnitude larger than the former. They wont even feel this - perhaps if they trade mutual funds they will a little more. This agrees with your point, however, that he won't collect what he expects. Perhaps back in the 80s when Sweden made this change and markets were globally interconnected and virtually free to trade in and between it would've mattered more.
The real concern is letting the democratic socialists get any sort of foothold in the market. Much like everything else they touch, they will destroy that too. All in the name of equality of outcome.
I worry about the balance of power with the Democrats so completely out of touch with reality. It is like the Democrats have become an anti-Machiavellian party with only wanting to elect candidates that can't possibly win.
I just don't see how Sanders has any chance of beating Trump. IMO Sanders will win the popular vote but lose the electoral college because it is designed exactly to stop the majority from electing someone like this that doesn't represent a wide dispersion of the populace.
I just don't see how Sanders has any chance of beating Trump. IMO Sanders will win the popular vote but lose the electoral college because it is designed exactly to stop the majority from electing someone like this that doesn't represent a wide dispersion of the populace.
To be fair, this is false. Canada is very good at providing things like an emergency cholecystectomy (or really most acute care). It's the chronic/elective stuff where it fails. And in that case, as you allude, some people simply pay for the care in Canada, the US or elsewhere.
If it needed right away you’ll get in. My hernia repair took 3 years. My what they thought was appendice was removed the night I went to ER. Turned out to be perforated because of mucasen overproducing( cancer I a sense). I had a consult with a surgical oncologist within months To discuss and my surgeon scheduled a cat scan every year for next 8 years to monitor.
Never got a bill. Just give my Medicare card and good to go.
it’s not the best but it works.
How much do you pay for Medicare? I'm sure doctors didn't treat you for free. BTW, are they private doctors or paid by taxpayers?
Medicare is just built into our system. Taxes pay for it. Our taxes would be quite higher then U.S.
My wife and I pay 100$ a month for a health plan from her work but that’s just for eye, dental, prescriptions, massage/chiropractor, that kind of stuff.
There are cases where Medicare here will send patients to the u.s If theirs a procedure that we don’t offer here. There covered.
One issue is that in case of some rare terminal disease, Medicare isn’t going to cover experimental treatments. Not sure if private insurance usually covers this.
My wife and I pay 100$ a month for a health plan from her work but that’s just for eye, dental, prescriptions, massage/chiropractor, that kind of stuff.
There are cases where Medicare here will send patients to the u.s If theirs a procedure that we don’t offer here. There covered.
One issue is that in case of some rare terminal disease, Medicare isn’t going to cover experimental treatments. Not sure if private insurance usually covers this.
Far as I can tell, for the average middle class person/family the Canadian approach is a little better. Sure taxes are higher but there's no real financial issue around healthcare, whereas in the US even average income are paying crazy premiums and deductibles. I admit this is somewhat informal/anecdotal.
At the higher income levels of course things quickly degenerate in Canada, with much higher tax rates that kick in at much lower thresholds. And there's more of a safety net on the other hand. So the US rich are richer, and poor poorer.