Obamacare in three words

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Rhazakna

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#51 Rhazakna
Member since 2004 • 11022 Posts

Corp. Ora. Tism.

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UCF_Knight

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#52 UCF_Knight
Member since 2010 • 6863 Posts
And droid I do not need to take an economics course because I have studied the essays of Ayn Rand and Ron Paul extensively.Laihendi
This is one of the greatest sentences I've ever read on this site. I thought I'd regret clicking on this thread, but it was totally worth it.
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mmwmwmmwmwmm

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#53 mmwmwmmwmwmm
Member since 2008 • 620 Posts

It is Working...

Floridaman46
no it isn't
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lo_Pine

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#54 lo_Pine
Member since 2012 • 4978 Posts

It is Working...

Floridaman46
Only for people making less than $20K/year with 2 kids.
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deactivated-59f03d6ce656b

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#55 deactivated-59f03d6ce656b
Member since 2009 • 2944 Posts
[QUOTE="Floridaman46"]

It is Working...

lo_Pine
Only for people making less than $20K/year with 2 kids.

And everybody else...
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lo_Pine

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#56 lo_Pine
Member since 2012 • 4978 Posts
[QUOTE="lo_Pine"][QUOTE="Floridaman46"]

It is Working...

Person0
Only for people making less than $20K/year with 2 kids.

And everybody else...

No. It costs businesses $10K more to hire a person making more than $30K a year so they can only hire the most qualified people instead of more less qualified people. More people are left without jobs.
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mmwmwmmwmwmm

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#57 mmwmwmmwmwmm
Member since 2008 • 620 Posts
it's gonna destroy business, put people out of work, create inflation, and lead to a decline in quality of healthcare service, but it makes liberals feel good about themselves and i guess that's important too.
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deactivated-59f03d6ce656b

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#58 deactivated-59f03d6ce656b
Member since 2009 • 2944 Posts
[QUOTE="lo_Pine"][QUOTE="Person0"][QUOTE="lo_Pine"] Only for people making less than $20K/year with 2 kids.

And everybody else...

No. It costs businesses $10K more to hire a person making more than $30K a year so they can only hire the most qualified people instead of more less qualified people. More people are left without jobs.

Because businesses were on a hiring spree before it. Anyone it helps everybody through more choice in healthcare once the exchanges are set up, slows the growth of medical costs, caps medicare spending growth, and causes more insurance money to actually be spent on health care instead of profit.
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the_bi99man

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#59 the_bi99man
Member since 2004 • 11465 Posts

The White House responded by tweeting "It's. The. Law." 

 

whipassmt

Holy shit talk about arrogance.

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the_bi99man

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#60 the_bi99man
Member since 2004 • 11465 Posts

Corp. Ora. Tism.

Rhazakna

Also this.

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The-Apostle

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#62 The-Apostle
Member since 2004 • 12197 Posts
Valid link or it didn't happen. >_>
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lo_Pine

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#63 lo_Pine
Member since 2012 • 4978 Posts
[QUOTE="Person0"][QUOTE="lo_Pine"][QUOTE="Person0"] And everybody else...

No. It costs businesses $10K more to hire a person making more than $30K a year so they can only hire the most qualified people instead of more less qualified people. More people are left without jobs.

Because businesses were on a hiring spree before it. Anyone it helps everybody through more choice in healthcare once the exchanges are set up, slows the growth of medical costs, caps medicare spending growth, and causes more insurance money to actually be spent on health care instead of profit.

None of that matters if people aren't getting hired because businesses have to cover the cost of healthcare more than they used to.
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deactivated-59f03d6ce656b

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#64 deactivated-59f03d6ce656b
Member since 2009 • 2944 Posts
[QUOTE="lo_Pine"][QUOTE="Person0"][QUOTE="lo_Pine"] No. It costs businesses $10K more to hire a person making more than $30K a year so they can only hire the most qualified people instead of more less qualified people. More people are left without jobs.

Because businesses were on a hiring spree before it. Anyone it helps everybody through more choice in healthcare once the exchanges are set up, slows the growth of medical costs, caps medicare spending growth, and causes more insurance money to actually be spent on health care instead of profit.

None of that matters if people aren't getting hired because businesses have to cover the cost of healthcare more than they used to.

Businesses are hiring though....
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Ace6301

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#65 Ace6301
Member since 2005 • 21389 Posts
Actually Right Wing
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lo_Pine

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#66 lo_Pine
Member since 2012 • 4978 Posts
[QUOTE="Person0"][QUOTE="lo_Pine"][QUOTE="Person0"] Because businesses were on a hiring spree before it. Anyone it helps everybody through more choice in healthcare once the exchanges are set up, slows the growth of medical costs, caps medicare spending growth, and causes more insurance money to actually be spent on health care instead of profit.

None of that matters if people aren't getting hired because businesses have to cover the cost of healthcare more than they used to.

Businesses are hiring though....

Not as much as they used to because of the increase in costs of hiring.
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deactivated-59f03d6ce656b

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#67 deactivated-59f03d6ce656b
Member since 2009 • 2944 Posts
[QUOTE="lo_Pine"][QUOTE="Person0"][QUOTE="lo_Pine"] None of that matters if people aren't getting hired because businesses have to cover the cost of healthcare more than they used to.

Businesses are hiring though....

Not as much as they used to because of the increase in costs of hiring.

No because there is not enough demand to justify hiring more people especially when they can just make their employees right now work harder.
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lo_Pine

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#68 lo_Pine
Member since 2012 • 4978 Posts
[QUOTE="Person0"][QUOTE="lo_Pine"][QUOTE="Person0"] Businesses are hiring though....

Not as much as they used to because of the increase in costs of hiring.

No because there is not enough demand to justify hiring more people especially when they can just make their employees right now work harder.

No, just.... no.
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deactivated-59f03d6ce656b

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#69 deactivated-59f03d6ce656b
Member since 2009 • 2944 Posts
[QUOTE="lo_Pine"][QUOTE="Person0"][QUOTE="lo_Pine"] Not as much as they used to because of the increase in costs of hiring.

No because there is not enough demand to justify hiring more people especially when they can just make their employees right now work harder.

No, just.... no.

Yeah...who the hell is gonna hire more people when they don't have to because there isn't enough demand.
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lo_Pine

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#70 lo_Pine
Member since 2012 • 4978 Posts
[QUOTE="Person0"][QUOTE="lo_Pine"][QUOTE="Person0"] No because there is not enough demand to justify hiring more people especially when they can just make their employees right now work harder.

No, just.... no.

Yeah...who the hell is gonna hire more people when they don't have to because there isn't enough demand.

The only way you can create demand is if there is income to provide demand. Income can only come from businesses.
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deactivated-59f03d6ce656b

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#71 deactivated-59f03d6ce656b
Member since 2009 • 2944 Posts
[QUOTE="lo_Pine"][QUOTE="Person0"][QUOTE="lo_Pine"] No, just.... no.

Yeah...who the hell is gonna hire more people when they don't have to because there isn't enough demand.

The only way you can create demand is if there is income to provide demand. Income can only come from businesses.

Demand can come from the government to....
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lo_Pine

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#72 lo_Pine
Member since 2012 • 4978 Posts
[QUOTE="Person0"][QUOTE="lo_Pine"][QUOTE="Person0"] Yeah...who the hell is gonna hire more people when they don't have to because there isn't enough demand.

The only way you can create demand is if there is income to provide demand. Income can only come from businesses.

Demand can come from the government to....

And how does the government get it's money?
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deactivated-59f03d6ce656b

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#73 deactivated-59f03d6ce656b
Member since 2009 • 2944 Posts
[QUOTE="lo_Pine"][QUOTE="Person0"][QUOTE="lo_Pine"] The only way you can create demand is if there is income to provide demand. Income can only come from businesses.

Demand can come from the government to....

And how does the government get it's money?

Through taxes or by making it up
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lo_Pine

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#74 lo_Pine
Member since 2012 • 4978 Posts
[QUOTE="Person0"][QUOTE="lo_Pine"][QUOTE="Person0"] Demand can come from the government to....

And how does the government get it's money?

Through taxes or by making it up

Through taxes. And tax revenue comes from individuals and individual's income comes from businesses. The government (central bank, rather) can make money but it can't create any wealth.
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deactivated-59f03d6ce656b

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#75 deactivated-59f03d6ce656b
Member since 2009 • 2944 Posts
[QUOTE="lo_Pine"][QUOTE="Person0"][QUOTE="lo_Pine"] And how does the government get it's money?

Through taxes or by making it up

Through taxes. And tax revenue comes from individuals and individual's income comes from businesses. The government (central bank, rather) can make money but it can't create any wealth.

Yes the government can create wealth, the multiplier effect of government spending creates wealth. And unsurprisingly the multiplier is highest when doing transfer payments to poor people (ex food stamps and welfare).
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lo_Pine

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#76 lo_Pine
Member since 2012 • 4978 Posts
[QUOTE="Person0"][QUOTE="lo_Pine"][QUOTE="Person0"] Through taxes or by making it up

Through taxes. And tax revenue comes from individuals and individual's income comes from businesses. The government (central bank, rather) can make money but it can't create any wealth.

Yes the government can create wealth, the multiplier effect of government spending creates wealth. And unsurprisingly the multiplier is highest when doing transfer payments to poor people (ex food stamps and welfare).

Mehhhh, it doesn't really create wealth. It just transfers it.
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deactivated-59f03d6ce656b

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#77 deactivated-59f03d6ce656b
Member since 2009 • 2944 Posts
[QUOTE="lo_Pine"][QUOTE="Person0"][QUOTE="lo_Pine"] Through taxes. And tax revenue comes from individuals and individual's income comes from businesses. The government (central bank, rather) can make money but it can't create any wealth.

Yes the government can create wealth, the multiplier effect of government spending creates wealth. And unsurprisingly the multiplier is highest when doing transfer payments to poor people (ex food stamps and welfare).

Mehhhh, it doesn't really create wealth. It just transfers it.

The govt billions of dollars from the richest people where the money is just siting and doing practically nothing and give it to poor people. The people spend it increasing demand, this increased demand = businesses needing to hire more people, more people now work and earn an income. This cycle repeats, look you created wealth through the transfer payments.
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scoots9

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#78 scoots9
Member since 2006 • 3505 Posts

Handout to companies

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lo_Pine

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#79 lo_Pine
Member since 2012 • 4978 Posts
[QUOTE="Person0"][QUOTE="lo_Pine"][QUOTE="Person0"] Yes the government can create wealth, the multiplier effect of government spending creates wealth. And unsurprisingly the multiplier is highest when doing transfer payments to poor people (ex food stamps and welfare).

Mehhhh, it doesn't really create wealth. It just transfers it.

The govt billions of dollars from the richest people where the money is just siting and doing practically nothing and give it to poor people. The people spend it increasing demand, this increased demand = businesses needing to hire more people, more people now work and earn an income. This cycle repeats, look you created wealth through the transfer payments.

The real way to create wealth is through innovation and technology. The only way to do that is by big business investing in research for new products. Instead of giving the money away to the government through taxes they would be giving money to research to fund innovation.
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#80 deactivated-59f03d6ce656b
Member since 2009 • 2944 Posts
[QUOTE="lo_Pine"][QUOTE="Person0"][QUOTE="lo_Pine"] Mehhhh, it doesn't really create wealth. It just transfers it.

The govt billions of dollars from the richest people where the money is just siting and doing practically nothing and give it to poor people. The people spend it increasing demand, this increased demand = businesses needing to hire more people, more people now work and earn an income. This cycle repeats, look you created wealth through the transfer payments.

The real way to create wealth is through innovation and technology. The only way to do that is by big business investing in research for new products. Instead of giving the money away to the government through taxes they would be giving money to research to fund innovation.

Thats another way, not the real way. Anyways transfer payments increasing the wealth of all people would help fund more research and development. So you can do both at the same time.
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lo_Pine

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#81 lo_Pine
Member since 2012 • 4978 Posts
[QUOTE="Person0"][QUOTE="lo_Pine"][QUOTE="Person0"] The govt billions of dollars from the richest people where the money is just siting and doing practically nothing and give it to poor people. The people spend it increasing demand, this increased demand = businesses needing to hire more people, more people now work and earn an income. This cycle repeats, look you created wealth through the transfer payments.

The real way to create wealth is through innovation and technology. The only way to do that is by big business investing in research for new products. Instead of giving the money away to the government through taxes they would be giving money to research to fund innovation.

Thats another way, not the real way. Anyways transfer payments increasing the wealth of all people would help fund more research and development. So you can do both at the same time.

In the short run. The only way to ensure long-term growth and increase wealth is through innovation and technology.
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deactivated-59f03d6ce656b

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#82 deactivated-59f03d6ce656b
Member since 2009 • 2944 Posts
[QUOTE="lo_Pine"][QUOTE="Person0"][QUOTE="lo_Pine"] The real way to create wealth is through innovation and technology. The only way to do that is by big business investing in research for new products. Instead of giving the money away to the government through taxes they would be giving money to research to fund innovation.

Thats another way, not the real way. Anyways transfer payments increasing the wealth of all people would help fund more research and development. So you can do both at the same time.

In the short run. The only way to ensure long-term growth and increase wealth is through innovation and technology.

Transfer payments allow more innovation and technology because businesses will have more customers.
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lo_Pine

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#83 lo_Pine
Member since 2012 • 4978 Posts
[QUOTE="Person0"][QUOTE="lo_Pine"][QUOTE="Person0"] Thats another way, not the real way. Anyways transfer payments increasing the wealth of all people would help fund more research and development. So you can do both at the same time.

In the short run. The only way to ensure long-term growth and increase wealth is through innovation and technology.

Transfer payments allow more innovation and technology because businesses will have more customers.

See, I really don't know about that. But my hunch is that transfer payments are merely just that. A transfer of wealth, hence the name. This would be a very good research paper for me.
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#84 deactivated-59f03d6ce656b
Member since 2009 • 2944 Posts
[QUOTE="lo_Pine"][QUOTE="Person0"][QUOTE="lo_Pine"] In the short run. The only way to ensure long-term growth and increase wealth is through innovation and technology.

Transfer payments allow more innovation and technology because businesses will have more customers.

See, I really don't know about that. But my hunch is that transfer payments are merely just that. A transfer of wealth, hence the name. This would be a very good research paper for me.

Transfer of money that is not being used to money that is being used. 1 person with 10 billion dollars won't have as much demand for goods and services as 100,000 people all splitting up that money. The one billionaire doesn't buy 100,000 times as many meals or clothes or cars etc.. Transfering that money to poorer people that are going to spend it instead of just sitting on the money increases demand. Then that leads to the whole more demand=more jobs=more income= more demand which multiplies the effect of the initial amount of money transfered. That 10 billion dollars transfered became 20 billion or 30 billion.
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lo_Pine

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#85 lo_Pine
Member since 2012 • 4978 Posts
[QUOTE="Person0"][QUOTE="lo_Pine"][QUOTE="Person0"] Transfer payments allow more innovation and technology because businesses will have more customers.

See, I really don't know about that. But my hunch is that transfer payments are merely just that. A transfer of wealth, hence the name. This would be a very good research paper for me.

Transfer of money that is not being used to money that is being used. 1 person with 10 billion dollars won't have as much demand for goods and services as 100,000 people all splitting up that money. The one billionaire doesn't buy 100,000 times as many meals or clothes or cars etc.. Transfering that money to poorer people that are going to spend it instead of just sitting on the money increases demand. Then that leads to the whole more demand=more jobs=more income= more demand which multiplies the effect of the initial amount of money transfered. That 10 billion dollars transfered became 20 billion or 30 billion.

But the person with $10 billion doesn't just sit on it, he buys stocks bonds or puts it in a savings account and depending which he puts it in is then either loaned or used by businesses for them to build more buildings or fund research for new products.
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#86 deactivated-59f03d6ce656b
Member since 2009 • 2944 Posts
[QUOTE="lo_Pine"][QUOTE="Person0"][QUOTE="lo_Pine"] See, I really don't know about that. But my hunch is that transfer payments are merely just that. A transfer of wealth, hence the name. This would be a very good research paper for me.

Transfer of money that is not being used to money that is being used. 1 person with 10 billion dollars won't have as much demand for goods and services as 100,000 people all splitting up that money. The one billionaire doesn't buy 100,000 times as many meals or clothes or cars etc.. Transfering that money to poorer people that are going to spend it instead of just sitting on the money increases demand. Then that leads to the whole more demand=more jobs=more income= more demand which multiplies the effect of the initial amount of money transfered. That 10 billion dollars transfered became 20 billion or 30 billion.

But the person with $10 billion doesn't just sit on it, he buys stocks bonds or puts it in a savings account and depending which he puts it in is then either loaned or used by businesses for them to build more buildings or fund research for new products.

Sometimes, but like right now due to the economy, businesses are not expanding because that would just lose them money. We have excess capacity in most things right now. Ford is not going to build another manufacturing plant when they have the capability of producing more cars by just hiring more people and returning their plants to full capacity, this is similar a thing in practically all markets. Until demand is increased and businesses have a reason to invest all of that money is practically just being hoarded. That money being hoarded does not effect demand in any meaningful way.
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Shmiity

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#87 Shmiity
Member since 2006 • 6625 Posts

F*ck. Right.Wingers.

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#88 deactivated-5b78379493e12
Member since 2005 • 15625 Posts

Republicans are hypocrites.

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deactivated-5b19214ec908b

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#89 deactivated-5b19214ec908b
Member since 2007 • 25072 Posts

NHS rules b*tches!bobbetybob
This. 

America really is falling behind. 

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deactivated-59d151f079814

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#90 deactivated-59d151f079814
Member since 2003 • 47239 Posts

[QUOTE="HoolaHoopMan"]

[QUOTE="Laihendi"] America is transitioning into a socialist state. There can be no compromise between capitalism and socialism. There can be no compromise between freedom and slavery. There can be no compromise between good and evil; these are irreconcilable concepts. A market is either regulated, or it is not. There is no middle ground.Laihendi

There is a middle ground, its called a mixed economy.

Please tell me how this "mixed" economy is both not free and not regulated. Please attempt to enlighten me. And droid I do not need to take an economics course because I have studied the essays of Ayn Rand and Ron Paul extensively.

:lol: I honestly hope Laihendi is a clever troll, because if that is not the case I am going to have to agree with his doctor's diagnoses that he is autistic.

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whipassmt

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#91 whipassmt
Member since 2007 • 15375 Posts

2013-02-27-Obamacare10000Words.jpg.

Right wing leaning

DroidPhysX

So HillaryCare would've been worse than Obamacare? Maybe we should've went with Bushcare, it would've been easier.

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whipassmt

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#92 whipassmt
Member since 2007 • 15375 Posts

[QUOTE="whipassmt"]

The White House responded by tweeting "It's. The. Law."

the_bi99man

Holy shit talk about arrogance.

Someone else on twitter replied "So. Was. Slavery." to the White House's post.

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whipassmt

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#93 whipassmt
Member since 2007 • 15375 Posts

Valid link or it didn't happen. >_>The-Apostle
I did have "valid" links in my original post.

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Justforvisit

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#94 Justforvisit
Member since 2011 • 2660 Posts

So apparently there is this thing on twitter where people are being asked to describe Obamacare in three words. The White House responded by tweeting "It's. The. Law." - some people responded by arguing that it's is a contraction of two words (it is). My reply to the White House tweet was "For. Now. Suckas".

So how would you describe Obamacare in three words?

whipassmt



That ain't three words o.O

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whipassmt

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#95 whipassmt
Member since 2007 • 15375 Posts

stifle yourself Edith.

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thebest31406

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#96 thebest31406
Member since 2004 • 3775 Posts
What a joke.
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whipassmt

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#97 whipassmt
Member since 2007 • 15375 Posts

[QUOTE="whipassmt"]

So apparently there is this thing on twitter where people are being asked to describe Obamacare in three words. The White House responded by tweeting "It's. The. Law." - some people responded by arguing that it's is a contraction of two words (it is). My reply to the White House tweet was "For. Now. Suckas".

So how would you describe Obamacare in three words?

Justforvisit



That ain't three words o.O

Well I guess it's debatable whether "it's" should count as one word or two.

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comp_atkins

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#98 comp_atkins
Member since 2005 • 38933 Posts
so. much. misinformation.
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mmwmwmmwmwmm

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#99 mmwmwmmwmwmm
Member since 2008 • 620 Posts
[QUOTE="Person0"][QUOTE="lo_Pine"][QUOTE="Person0"] Yes the government can create wealth, the multiplier effect of government spending creates wealth. And unsurprisingly the multiplier is highest when doing transfer payments to poor people (ex food stamps and welfare).

Mehhhh, it doesn't really create wealth. It just transfers it.

The govt billions of dollars from the richest people where the money is just siting and doing practically nothing and give it to poor people. The people spend it increasing demand, this increased demand = businesses needing to hire more people, more people now work and earn an income. This cycle repeats, look you created wealth through the transfer payments.

pretty sure most billionaires invest heavily in the stock market. also just introducing billions of dollars into the economy that wasn't being used before causes inflation. thinking should study econ a little before you vote again.
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SPBoss

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#100 SPBoss
Member since 2009 • 3746 Posts
NHS rules b*tches!bobbetybob
NHS ftw :D America can't call itself a civilized country if they don't provide free health care just saying.. Have to pay just for an ambulance ride to the hospital = Wrong