Obamacare: Now Appearing On Your Restaurant Bill

[piezoe]

Did you happen to see any data in the piece supporting the medicaid crowding out argument?

I did not see much data in that particular article. There are numbers, but not data. I think the author is
trying to argue that while expansion in each state will create large numbers of jobs, the federal tax money that is collected to pay for expansion would create even more jobs if left with the taxpayers. I would think that theoretically that could be right, but in practice I would guess it would be as successful as other forms of trickle down economics. In that case the net result of not collecting the taxes would be to create financially better off taxpayers and leave a few hundred thousand in each state without access to medical care, as now..

Let's invent some tax savings.. Lets suppose you were left with $400 more at the end of April because there was no medicaid expansion. What would you do with the $400 windfall? Would you: 1) Rush out and create a job; 2) blow the money on restaurants and liquor and let them rush out and create a job; 3) Spend what you always have and save $400, or 4) rush to your nearest emergency and hand the $400 to a poor person so they could give it to the hospital?

 

[Ricter]

I did not see much data in that particular article. There are numbers, but not data. I think the author is
trying to argue that while expansion in each state will create large numbers of jobs, the federal tax money that is collected to pay for expansion would create even more jobs if left with the taxpayers. I would think that theoretically that could be right, but in practice I would guess it would be as successful as other forms of trickle down economics. In that case the net result of not collecting the taxes would be to create financially better off taxpayers and leave a few hundred thousand in each state without access to medical care, as now..

Let's invent some tax savings.. Lets suppose you were left with $400 more at the end of April because there was no medicaid expansion. What would you do with the $400 windfall? Would you: 1) Rush out and create a job; 2) blow the money on restaurants and liquor and let them rush out and create a job; 3) Spend what you always have and save $400, or 4) rush to your nearest emergency and hand the $400 to a poor person so they could give it to the hospital?

If medicaid expansion is creating jobs at the state level, it is also raising receipts at the federal level. Whatever difference is left is not paid for by taxes on the poor, or the unemployed, is it?

$400 extra to me just sits in the bank. I'm not saying that's representative.

 

[Tsing Tao]

LOL, the no argument at all from Ricter...AGAIN.

.

 

[Tsing Tao]

I know. It was in Forbes. What did you expect. " You have to read these things with a juandiced eye. In the state it will create 70,000 MORE jobs but in the nation it will kill jobs. Yah, right!

Ah, so I should take part of the article you posted in the direction you want me to, but then ignore the rest because you don't like it.

 

[Arnie]

Him too,
give credit where its due. .

Gotta agree, after all, more people than ever are on food stamps due to his policies that are basically starving people.

That's one way to get people to lose weight.

 

[Ricter]

Ah, so I should take part of the article you posted in the direction you want me to, but then ignore the rest because you don't like it.

Of course, just as you righties do with reports from the CBO.

 

[nitro]

That is exactly what is supposed to happen. Here is the future for you:

No income taxes, tax consumption:

http://www.elitetrader.com/vb/showthread.php?t=282468

 

[Tsing Tao]

Of course, just as you righties do with reports from the CBO.

Please post an article that I've used to conveniently make a point, but then discarded the rest of the article because it was nonsense.

 

[Ricter]

Please post an article that I've used to conveniently make a point, but then discarded the rest of the article because it was nonsense.

I originally thought to use "Team Right", but chose "righties" as a counter to "lefties". I didn't mean "you righties" to zero in on you. But gwb is a recent example of what I mentioned.

 

[Tsing Tao]

I originally thought to use "Team Right", but chose "righties" as a counter to "lefties". I didn't mean "you righties" to zero in on you. But gwb is a recent example of what I mentioned.

Understood. Thank you for the clarification.