Obama Care

[saden1]

Originally Posted by JoeRedskin

So what is your point? That an economic metaphor used to analyze the correlation between self interest and effect on large scale economics is pointless? Or is it that self-interest on large scale has effect has no effect on economics of scale? That the question raised by SS33



And arguments raised by CRedskin:



Are without value?

Enlighten me, oh brilliant self righteous one, on why the concept of statistical probability as it relates to the correlation of maximizing public good through self interest is irrelevant, invalid or otherwise meaningless in the health care setting. Apparently, it is your belief that your understanding of economic theory is clearly far superior to any and all comers and is equally applicable in all markets regardless of the goods and services being exchanged. I wish to understand the facts, assumptions and reasoning of this flawless theory.

Finally Joe, you're using something other than a jab. Now that the jabs are out of the way let me get right to the heart of the matter, the invisible hand with respect to universal healthcare. I am bewildered by the notion that the invisible hand can and does play a role in the healthcare setting. How does the invisible hand help Aunt Jane avoid medical bankruptcy or help Uncle Joe get his two kids, himself and his wife covered whilst making $10 an hour? Sure, nothing precludes them from making more money thanks to the invisible hand but do you realize that poor people have been with us since the dawn of time? I know, it's hard to believe right?

Now here come the numbers that aught to interest you Joe. Are you ready for the next round Joe? First lets define what it means to be poor in this country. Per federal guidelines an individual making less $10,830 is considered below poverty line and so is a family of four making $22,050. I hear you whisper so? So here's the thing Joe...in 1959 (the date the feds started tracking poverty stats) the the percentage of American below the poverty line was 22.4% of individuals and 20.8% of families. Disgusting numbers right? By 1969 that number dropped down to 12.1% of individuals and 10.4% of families. That's a precipitous drop isn't it?

You being the second smartest Republican on this forum I'm sure you can look at the the actual historical numbers and figure out what precipitated the decline in poverty but just in case though here's a hint...the government was involved with Civil Rights Act of 1960/1964, Pilot Food Stamp Program 1961-1664, Food Stamp Act of 1964, Economic Opportunity Act of 1964, Equal Pay Act of 1963, Public Works and Economic Development Act of 1965, Vocational Rehabilitation Act of 1965, and Social Security Act of 1965. After the 60s the national poverty percentages stabilized with minor fluctuation due to the the economy. Note the Ronald Reagan era when the invisible hand was the most active (we can lay all the blame for the high numbers on Carter if you want). The poverty rate for 2006 was 12.3% of individuals and 10.6% of families (the numbers are probably much worse for 2008). Peeewwww, nothing seems to have changed since the 70's.

Now I figure you know the tremendous strides we have made in the last 50 years with respect to our GDP and per capita income. Given that the market has been functioning why hasn't the invisible hand improved our poverty rate since the 70's even though we're significantly economically stronger? Do we have to give the invisible hand more time? How long do you expect us to wait? In the mean time how do you expect these people below the poverty line to afford health insurance? What role does the invisible hand play in income inequality? What about the people hovering just above the poverty line?

As for SS33's post, if your tax rate is 33% you're not a mid-high end worker...if single and you make $171,550-$372,950 annual you're a high end worker and so is a married couple making 208,850-$372,950 annually (we're talking top 5% income earners here not top 25%-50)%. We've really addressed the issue of tax fairness before on many occasions and if you wish to revisit subject this exchange with FRPLG is one of my favorite on the matter.

With respect to CRR's post it is clear to me that neither individuals nor charities (invisible hands) have been able to solve the problem. And if I'm not mistaken S10's original gripe was with the pending proposal to cut DSH funding by the government. It was pretty obvious to me that he shitted on the first part of the quote with the second part.

I'm not entirely sure what is meant by self-righteous Joe. This label is quite perplexing seeing how it's being placed by you. Try as you may you still can't land an effective punch Joe, you really need to work on your lower/upper body strength.