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Forums - Politics - What is worse? 20% across the board income tax cut or cutting medicare by 716 billion?

Kasz216 on 02 November 2012
NinjaguyDan said:
Kasz216 said:
NinjaguyDan said:

http://swampland.time.com/2012/08/16/fact-check-obamacares-medicare-cuts/

"As for the cuts, they come from eliminating a massive subsidy to private insurers and gradually reducing the rate of growth in payments to some providers. These changes, while not catastrophic for Medicare, are important. Under the ACA, the federal government will substantially reduce the amount it spends funding Medicare Advantage, which is privately administered insurance offered to Medicare beneficiaries."

 

Ignore the spin, those cuts are beneficial. The only people who are losing out are the assholescumbag insurance company executives who want to skim +30% off the top to fund their lavish lifestyles. Fuck them!


http://money.usnews.com/money/blogs/flowchart/2009/08/25/why-health-insurers-make-lousy-villains


"Profit margins basically reflect the percentage of revenue left over after paying salaries, expenses, taxes and lots of other things. So it's possible for firms to pay their executives a lot and still have a low profit margin. That's why Merrill Lynch, as an example, was able to pay huge bonuses to some employees while the company itself lost epic amounts of money."

 

But we should ignore that and let them plead poverty with some seriously strained math.

 

You do realize Merril Lynch isn't a health insurance company right?

You should of read one more paragraph rather then stopping at the sentence you liked.

"Government interrogators are unlikely to find abuses on that scale among health insurers. While the rest of the economy has collapsed, most parts of the healthcare sector have remained reasonably stable. So odds are that any bonuses paid at least went out of profitable firms."

 

It's all in the facts man.

 

 

Health insurers turn out to be underperformers compared with the other parts of the healthcare sector. Pharmaceutical companies have a profit margin of 16.4 percent—seventh highest of the 215 industries that Morningstar tracks. Others segments of healthcare with margins well above the median include healthcare information (9.4 percent), home healthcare firms (8.5 percent), medical labs (8.2 percent), and generic drugmakers (6.5 percent).

The big money, in other words, isn't in the insurance industry. If it's anywhere, it's in the pharmaceutical industry.



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NinjaguyDan on 02 November 2012
Kasz216 said:
NinjaguyDan said:
Kasz216 said:
NinjaguyDan said:

http://swampland.time.com/2012/08/16/fact-check-obamacares-medicare-cuts/

"As for the cuts, they come from eliminating a massive subsidy to private insurers and gradually reducing the rate of growth in payments to some providers. These changes, while not catastrophic for Medicare, are important. Under the ACA, the federal government will substantially reduce the amount it spends funding Medicare Advantage, which is privately administered insurance offered to Medicare beneficiaries."

 

Ignore the spin, those cuts are beneficial. The only people who are losing out are the assholescumbag insurance company executives who want to skim +30% off the top to fund their lavish lifestyles. Fuck them!


http://money.usnews.com/money/blogs/flowchart/2009/08/25/why-health-insurers-make-lousy-villains


"Profit margins basically reflect the percentage of revenue left over after paying salaries, expenses, taxes and lots of other things. So it's possible for firms to pay their executives a lot and still have a low profit margin. That's why Merrill Lynch, as an example, was able to pay huge bonuses to some employees while the company itself lost epic amounts of money."

 

But we should ignore that and let them plead poverty with some seriously strained math.

 

You do realize Merril Lynch isn't a health insurance company right?

You should of read one more paragraph rather then stopping at the sentence you liked.

"Government interrogators are unlikely to find abuses on that scale among health insurers. While the rest of the economy has collapsed, most parts of the healthcare sector have remained reasonably stable. So odds are that any bonuses paid at least went out of profitable firms."

 

It's all in the facts man.

 

 

Health insurers turn out to be underperformers compared with the other parts of the healthcare sector. Pharmaceutical companies have a profit margin of 16.4 percent—seventh highest of the 215 industries that Morningstar tracks. Others segments of healthcare with margins well above the median include healthcare information (9.4 percent), home healthcare firms (8.5 percent), medical labs (8.2 percent), and generic drugmakers (6.5 percent).

The big money, in other words, isn't in the insurance industry. If it's anywhere, it's in the pharmaceutical industry. But the Obamanauts appear to have reached a kind of détente with Big Pharma in exchange for that industry's tepid support for some kind of reform. So Obama and his foot soldiers need to look elsewhere for black hats.


I pulled that bit from the apologist article you linked to.  

 

THESE PEOPLE ADD NOTHING TO THE SYSTEM, THEY ARE PARASITES, VAMPIRES FEEDING ON THE LIFEBLOOD OF THE WORKING MAN:



Switch: SW-5066-1525-5130

XBL: GratuitousFREEK

Kasz216 on 02 November 2012
NinjaguyDan said:
Kasz216 said:
NinjaguyDan said:
Kasz216 said:
NinjaguyDan said:

http://swampland.time.com/2012/08/16/fact-check-obamacares-medicare-cuts/

"As for the cuts, they come from eliminating a massive subsidy to private insurers and gradually reducing the rate of growth in payments to some providers. These changes, while not catastrophic for Medicare, are important. Under the ACA, the federal government will substantially reduce the amount it spends funding Medicare Advantage, which is privately administered insurance offered to Medicare beneficiaries."

 

Ignore the spin, those cuts are beneficial. The only people who are losing out are the assholescumbag insurance company executives who want to skim +30% off the top to fund their lavish lifestyles. Fuck them!


http://money.usnews.com/money/blogs/flowchart/2009/08/25/why-health-insurers-make-lousy-villains


"Profit margins basically reflect the percentage of revenue left over after paying salaries, expenses, taxes and lots of other things. So it's possible for firms to pay their executives a lot and still have a low profit margin. That's why Merrill Lynch, as an example, was able to pay huge bonuses to some employees while the company itself lost epic amounts of money."

 

But we should ignore that and let them plead poverty with some seriously strained math.

 

You do realize Merril Lynch isn't a health insurance company right?

You should of read one more paragraph rather then stopping at the sentence you liked.

"Government interrogators are unlikely to find abuses on that scale among health insurers. While the rest of the economy has collapsed, most parts of the healthcare sector have remained reasonably stable. So odds are that any bonuses paid at least went out of profitable firms."

 

It's all in the facts man.

 

 

Health insurers turn out to be underperformers compared with the other parts of the healthcare sector. Pharmaceutical companies have a profit margin of 16.4 percent—seventh highest of the 215 industries that Morningstar tracks. Others segments of healthcare with margins well above the median include healthcare information (9.4 percent), home healthcare firms (8.5 percent), medical labs (8.2 percent), and generic drugmakers (6.5 percent).

The big money, in other words, isn't in the insurance industry. If it's anywhere, it's in the pharmaceutical industry. But the Obamanauts appear to have reached a kind of détente with Big Pharma in exchange for that industry's tepid support for some kind of reform. So Obama and his foot soldiers need to look elsewhere for black hats.


I pulled that bit from the apologist article you linked to.  

 

THESE PEOPLE ADD NOTHING TO THE SYSTEM, THEY ARE PARASITES, VAMPIRES FEEDING ON THE LIFEBLOOD OF THE WORKING MAN:

 

And... again you missed the very next paragraph that explains why that wasn't an issue...

and no... the add plenty to the system... you just apparently don't understand how the system works... excutives are kinda important to buisnesses.

Just re-read the facts with an open mind and think about things.

http://content.healthaffairs.org/content/31/8/1673.full  (example of the road medicare is going down.)



NinjaguyDan on 02 November 2012
Kasz216 said:
NinjaguyDan said:
Kasz216 said:
NinjaguyDan said:
Kasz216 said:
NinjaguyDan said:

http://swampland.time.com/2012/08/16/fact-check-obamacares-medicare-cuts/

"As for the cuts, they come from eliminating a massive subsidy to private insurers and gradually reducing the rate of growth in payments to some providers. These changes, while not catastrophic for Medicare, are important. Under the ACA, the federal government will substantially reduce the amount it spends funding Medicare Advantage, which is privately administered insurance offered to Medicare beneficiaries."

 

Ignore the spin, those cuts are beneficial. The only people who are losing out are the assholescumbag insurance company executives who want to skim +30% off the top to fund their lavish lifestyles. Fuck them!


http://money.usnews.com/money/blogs/flowchart/2009/08/25/why-health-insurers-make-lousy-villains


"Profit margins basically reflect the percentage of revenue left over after paying salaries, expenses, taxes and lots of other things. So it's possible for firms to pay their executives a lot and still have a low profit margin. That's why Merrill Lynch, as an example, was able to pay huge bonuses to some employees while the company itself lost epic amounts of money."

 

But we should ignore that and let them plead poverty with some seriously strained math.

 

You do realize Merril Lynch isn't a health insurance company right?

You should of read one more paragraph rather then stopping at the sentence you liked.

"Government interrogators are unlikely to find abuses on that scale among health insurers. While the rest of the economy has collapsed, most parts of the healthcare sector have remained reasonably stable. So odds are that any bonuses paid at least went out of profitable firms."

 

It's all in the facts man.

 

 

Health insurers turn out to be underperformers compared with the other parts of the healthcare sector. Pharmaceutical companies have a profit margin of 16.4 percent—seventh highest of the 215 industries that Morningstar tracks. Others segments of healthcare with margins well above the median include healthcare information (9.4 percent), home healthcare firms (8.5 percent), medical labs (8.2 percent), and generic drugmakers (6.5 percent).

The big money, in other words, isn't in the insurance industry. If it's anywhere, it's in the pharmaceutical industry. But the Obamanauts appear to have reached a kind of détente with Big Pharma in exchange for that industry's tepid support for some kind of reform. So Obama and his foot soldiers need to look elsewhere for black hats.


I pulled that bit from the apologist article you linked to.  

 

THESE PEOPLE ADD NOTHING TO THE SYSTEM, THEY ARE PARASITES, VAMPIRES FEEDING ON THE LIFEBLOOD OF THE WORKING MAN:

 

And... again you missed the very next paragraph that explains why that wasn't an issue...

and no... the add plenty to the system... you just apparently don't understand how the system works...

 

The best description of the current "system"



Switch: SW-5066-1525-5130

XBL: GratuitousFREEK

Dark_Lord_2008 on 02 November 2012

Both policies sound like reasonable measures to reduce the deficit spending and kick start the lagging American economy. Why not adopt both policies?



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Tigerlure on 02 November 2012
Dark_Lord_2008 said:
Both policies sound like reasonable measures to reduce the deficit spending and kick start the lagging American economy. Why not adopt both policies?


Because adding to the deficit by passing huge tax cuts isn't a good idea for the economy in the long term. 



Kasz216 on 03 November 2012
NinjaguyDan said:
Kasz216 said:
NinjaguyDan said:
Kasz216 said:
NinjaguyDan said:
Kasz216 said:
NinjaguyDan said:

http://swampland.time.com/2012/08/16/fact-check-obamacares-medicare-cuts/

"As for the cuts, they come from eliminating a massive subsidy to private insurers and gradually reducing the rate of growth in payments to some providers. These changes, while not catastrophic for Medicare, are important. Under the ACA, the federal government will substantially reduce the amount it spends funding Medicare Advantage, which is privately administered insurance offered to Medicare beneficiaries."

 

Ignore the spin, those cuts are beneficial. The only people who are losing out are the assholescumbag insurance company executives who want to skim +30% off the top to fund their lavish lifestyles. Fuck them!


http://money.usnews.com/money/blogs/flowchart/2009/08/25/why-health-insurers-make-lousy-villains


"Profit margins basically reflect the percentage of revenue left over after paying salaries, expenses, taxes and lots of other things. So it's possible for firms to pay their executives a lot and still have a low profit margin. That's why Merrill Lynch, as an example, was able to pay huge bonuses to some employees while the company itself lost epic amounts of money."

 

But we should ignore that and let them plead poverty with some seriously strained math.

 

You do realize Merril Lynch isn't a health insurance company right?

You should of read one more paragraph rather then stopping at the sentence you liked.

"Government interrogators are unlikely to find abuses on that scale among health insurers. While the rest of the economy has collapsed, most parts of the healthcare sector have remained reasonably stable. So odds are that any bonuses paid at least went out of profitable firms."

 

It's all in the facts man.

 

 

Health insurers turn out to be underperformers compared with the other parts of the healthcare sector. Pharmaceutical companies have a profit margin of 16.4 percent—seventh highest of the 215 industries that Morningstar tracks. Others segments of healthcare with margins well above the median include healthcare information (9.4 percent), home healthcare firms (8.5 percent), medical labs (8.2 percent), and generic drugmakers (6.5 percent).

The big money, in other words, isn't in the insurance industry. If it's anywhere, it's in the pharmaceutical industry. But the Obamanauts appear to have reached a kind of détente with Big Pharma in exchange for that industry's tepid support for some kind of reform. So Obama and his foot soldiers need to look elsewhere for black hats.


I pulled that bit from the apologist article you linked to.  

 

THESE PEOPLE ADD NOTHING TO THE SYSTEM, THEY ARE PARASITES, VAMPIRES FEEDING ON THE LIFEBLOOD OF THE WORKING MAN:

 

And... again you missed the very next paragraph that explains why that wasn't an issue...

and no... the add plenty to the system... you just apparently don't understand how the system works...

 

The best description of the current "system"


Simple presentation of facts vs comedian who's main political message is "don't vote".



WindyCityHeat on 03 November 2012

Well considering Romney wants to cut taxes 20% and his VP-Wannabe Paul Ryan wants to gut medicare by 716 billion, it would seem the choice of Obama is a no-brainer.

Obama didnt "gut" medicare, he cut medicare COSTS...NOT benefits. You should really know your facts before "threading it up."

lol...



johnsobas on 03 November 2012

Don't know how you can support medicare in its current form unless you want huge tax increases. Medicare is broke. Obama has done just as much to kill medicare by keeping the payroll tax cuts to continue to not fund medicare and social security. Of course people don't care as long as they get their money, soon they are gonna find out that they are gonna get their payments, but they aren't gonna be worth anything anymore.



currently playing: Skyward Sword, Mario Sunshine, Xenoblade Chronicles X

SamuelRSmith on 03 November 2012
NinjaguyDan said:

I pulled that bit from the apologist article you linked to.  

THESE PEOPLE ADD NOTHING TO THE SYSTEM, THEY ARE PARASITES, VAMPIRES FEEDING ON THE LIFEBLOOD OF THE WORKING MAN:

If you don't like health insurers, dont buy health insurance, use an alternative. Oh wait, you can't because you're much beloved Government have made it physically impossible for you to use any other kind of health model, and made it a taxable event to not own health insurance.

Damn those free markets! Oh wait...