The Trump presidency is in a hole

[piezoe]

Medical prices are elastic.

You don't understand the concept of elasticity in economics, do you? Look it up. There is some remnants of elasticity in some places, but between regulatory capture and medical care's inherent nature practically all the elasticity that might have been there has been wrung out. To prove this to your own satisfaction, next time you're taken in an ambulance to the hospital, ask the driver to stop at every emergency room in town so you can check the price. If there is only one hospital , just bargain with them and tell them you'll not let them treat you unless they come down in price.

 

[Tom B]

You don't understand the concept of elasticity in economics, do you? Look it up. There is some remnants of elasticity in some places, but between regulatory capture and medical care's inherent nature practically all the elasticity that might have been there has been wrung out. To prove this to your own satisfaction, next time you're taken in an ambulance to the hospital, ask the driver to stop at every emergency room in town so you can check the price. If there is only one hospital , just bargain with them and tell them you'll not let them treat you unless they come down in price.

You don't understand the concept of elasticity in economics. You are an old fool.

 

[piezoe]

very appropriate for you.

 

[AAAintheBeltway]

He doesn't own it, he doesn't control it. Get a grip. He picked up a few shares by exercising some warrants. His shares are a different class than the owners.

He is the largest public shareholder and bailed them out of a desperate situation with his loan. You clearly know little about the corporate world if you think he doesn't control them. It is true that the family retains nominal control through the Class B shares but that is not worth much if the company is bankrupt.

Since your side judges our side only on the most literal interpretations of phrases however, I will grant you that I misspoke in saying he "owned" it. I should have said he controls it.

Bezos does own the WashPost, lock, stock and barrel. They would gone belly up years ago if they had not acquired the for-profit education company Kaplan.

 

[AAAintheBeltway]

That's to be expected when you go around grabbing pussies of people you hardly know. It is not uncommon for asshole liars to end up sabotaging themselves. How can you guys support someone that lies continuously to you. When are you going to stand up for yourselves and say enough is enough, stop lying to me, stop playing me for a fool?

Why should we be upset? We are overjoyed that Obama's radical and destructive policies have been stopped and we have a first-rate Supreme Court justice nominated.

It's funny how all of Trump's supposed "lies" have a way of turning out correct, like the Obama administration spying on him, then leaking the transcripts to their media allies.

 

[java]

As long as the means test is set very high so that it only allows the upper say 0.1% of the wealth distribution to opt out, i see no practical problem, though I'm philosophically strongly opposed. But you do realize two things, don't you? 1) there is no capitalist, free market solution to the healthcare problem, because medical pricing is inelastic, and 2) To get the maximum benefits from risk sharing, the risk pool has to be as large as possible. These are the reasons why these lovely sounding, so-called, free market plans can never succeed, other than for a small subset of the population.

For example, putting all the young and healthy in one pool, all the sick and dying in another, the poor in another still, and everyone in between in still another. Is a bad idea. If you do that in a capitalist economy, guess which pool the insurance industry will end up with? That's right! Good guess! The pools will be divvied up so the insurance industry takes on the lowest risk, and the government the highest. Everyone gets screwed except those that suckle at the insurance industry teats. This arrangement is the perfect plan if the goal is to maximize price. All the other free market economies in the world have long since figured this out and done something about it. That's why their costs are fifty percent or more lower than ours for a better result! And that's why medical expenses are the number one cause of personal bankruptcies in the United States!

no,no,no, I've already given up on including the sick in the risk pool. They can go on ACA. I've given up on the poor in the pool, they have medicaid. No elderly in the pool, they have medicare.The private pool would contain the healthy with assets to protect. ACA aint nuthin but a tax on us all to pay for the few with preexisting conditions who can't get reasonable private insurance like normal people do. Not free market healthcare, just at least free market health insurance. The small subset is almost everybody. Very few are actually sick or need any health insurance at all. Don't confuse care with insurance. Insurance protects assets, not health.

 

[piezoe]

The private pool would contain the healthy with assets to protect.

Gee I wish I had your crystal ball. Don't suppose any of these now healthy folks, will ever slip on a banana peel, wreck their back, be in a horrible car accident or grow old and infirm. Naw, that would never happen. No problem. They have their assets, their health savings accounts to protect them! And they don't mind paying for all the sick people in the other pools, after they dump their own 'assets' into their Health savings accounts .

Young man, I appreciate your enthusiasm, but you are describing, more or less, is what we had before we had the ACA, and things were in a godawful mess. They're still in a godawful mess. We don't have to do this to ourselves you know.

 

[trendlover]

You are quite right, java. This description by piezoe is so convoluted that I'm continually amazed they can even dream it up.

He doesn't identify health care with happiness. He claims that it must be provided so you will have a right to pursue happiness. Of course any thinking person knows it's just the opposite.

It's no wonder that most of America is so anti intellectual. Intellectuals seem to do nothing but sit around all day and ponder ways they can turn everything on its head and convince everyone of its rationality.

And another question for our intellectual friends is if forcing person one to pay for person two's health care allows person two to pursue happiness, what does it do to person one's pursuit of happiness?

 

[Tony Stark]

no,no,no, I've already given up on including the sick in the risk pool. They can go on ACA. I've given up on the poor in the pool, they have medicaid.

Not all poor people are eligible for medicaid.Millions are left out from GOP states that blocked ACA's medicaid expansion

 

[trendlover]

You are the convoluted. You dream up.

fhl quote; "He doesn't identify health care with happiness. He claims that it must be provided so you will have a right to pursue happiness. Of course any thinking person knows it's just the opposite."

All the advanced society (first) take care of their peoples health, then the education. When that right is given to the people, the people can pursue their happiness in the society that is not oppressive communism or oppressive capitalism with no having regulations.