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Old 05-15-2013, 07:04 AM
 
Location: NE Ohio
30,419 posts, read 20,322,479 times
Reputation: 8958

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Quote:
Originally Posted by ellemint View Post
During the recession corporate terrorists learned that they can pare their workforce down to a minimum, and over-work them to death, and make even more profits.

Now, even though their coffers of profits are literally over-flowing, they will happily funnel the extra money into even higher salaries for their top executives instead of hiring back the necessary workers they need.
Your comments reveal the utter contempt some people (typically the Union types) have for their employers.

What you describe is not reality. It is certainly not what I have experienced in my life, and I'm sure it isn't what most others have experienced either.

No employer would have anything to gain from running a business in such a manner, and treating employees as you describe. That business would be unable to hire anyone for any long term employment, which most companies wish to do, as training costs money, and well trained employees who stay with a company are an asset that no company would care to squander.

Loyal employees that are well trained, and willing to work hard for their employer because they like their job's and the company they work for increase a company's profits because of the efficiency that results when you have a team. This is what all businesses strive for.

Employees that are unwilling to be part of the team, who view their company and their boss negatively, and with an attitude displayed such as yours, are quickly dispatched. They bring down everyone around them. Nobody wants to work near people like this.
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Old 05-15-2013, 07:17 AM
 
Location: NE Ohio
30,419 posts, read 20,322,479 times
Reputation: 8958
Default Well, dream on, fella!

Quote:
Originally Posted by ellemint View Post
That's funny. I want the for-profit health insurance companies out of our healthcare. Think how much we would all save if we didn't have insurance companies sucking up billions of healthcare dollars.

Health care should be thought of as more of a utility than a consumer good. Because it's not a consumer good. I can decide whether or not to buy a car, or a phone, or even some food products. But I can't choose whether or not to be sick. It's time we stopped treating healthcare as a consumer product.
Insurance is a product, and there has to be profit in order for an insurance company to meet it's obligation to pay claims! Without profit, they would go out of business. It is profit that is invested, which brings more earnings, which enables them to pay the claims of those that they insure, claims which are often very large (depending on ones need for treatment).

You're not living in the real world. You are living in some kind of Utopia.
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Old 05-15-2013, 07:29 AM
 
Location: Long Island, NY
19,792 posts, read 13,958,729 times
Reputation: 5661
Quote:
Originally Posted by nononsenseguy View Post
Insurance is a product, and there has to be profit in order for an insurance company to meet it's obligation to pay claims! Without profit, they would go out of business. It is profit that is invested, which brings more earnings, which enables them to pay the claims of those that they insure, claims which are often very large (depending on ones need for treatment).

You're not living in the real world. You are living in some kind of Utopia.
Considering that all the European health care systems that aren't run by the government are run by non-profit institutions, I would conclude, although it pains me to say this, you don't know what you are writing about.

While there are many successful non-profit health-care systems -- measured by medical outcomes and cost, that are better than the U.S. private model. There are, however, no examples of successful health care based on the principles of the free market, for one simple reason: in health care, the free market just doesn’t work. And people who say that the market is the answer are flying in the face of both theory and overwhelming evidence.
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Old 05-15-2013, 07:35 AM
 
Location: it depends
6,369 posts, read 6,413,164 times
Reputation: 6388
Quote:
Originally Posted by MTAtech View Post
Considering that all the European health care systems that aren't run by the government are run by non-profit institutions, I would conclude, although it pains me to say this, you don't know what you are writing about.

While there are many successful non-profit health-care systems -- measured by medical outcomes and cost, that are better than the U.S. private model. There are, however, no examples of successful health care based on the principles of the free market, for one simple reason: in health care, the free market just doesn’t work. And people who say that the market is the answer are flying in the face of both theory and overwhelming evidence.
Good post, MTA, but how is it that the only parts of the US health care market that feature rising quality through innovation and ever-lower costs are free of both excessive government involvement and third-party payment mechanisms? Check out the free-market history of vision correction surgery. As a second point, look at the success of attempts to bring free market principles into mainstream health care via high-deductible health plans.

And let me say this, I like many aspects of the Affordable Care Act and I have an open mind about what we out to do to repair its glaring defects.
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Old 05-15-2013, 07:37 AM
bUU
 
Location: Florida
12,074 posts, read 10,713,084 times
Reputation: 8798
There's no reason why the facilitation of affordable, basic essential care would block innovation, any more than public transportation blocks advancements in luxury automobiles.
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Old 05-15-2013, 07:49 AM
 
11,768 posts, read 10,269,301 times
Reputation: 3444
Quote:
Originally Posted by MTAtech View Post
Considering that all the European health care systems that aren't run by the government are run by non-profit institutions, I would conclude, although it pains me to say this, you don't know what you are writing about.

While there are many successful non-profit health-care systems -- measured by medical outcomes and cost, that are better than the U.S. private model. There are, however, no examples of successful health care based on the principles of the free market, for one simple reason: in health care, the free market just doesn’t work. And people who say that the market is the answer are flying in the face of both theory and overwhelming evidence.
Insurance is a financial product. Insurance has absolutely nothing to do with medical care, it is simply a way to manage risk. Abolish health insurance in it's entirety and you still have to pay for the Dr's, nurses, technology, drugs, and hospitals will still control the prices. Nobody is forcing anyone to buy insurance, but won't people do because the actual cost of health care is too expensive to handle on your own (for most people).

Insurance companies don't charge you $15 for an aspirin, that's the hospital. Insurance companies don't buy up doctor practices, that's the hospitals.

What you have in the USA is not a free market. There hasn't been a free market in decades. If you had a free market you could go to a specialized clinic for your ailment. If you had a free market you could buy insurance across state lines. If you had a free market insurance wouldn't be tied to your employer. If you had a free market you would open up more medical schools instead of law schools. If you had a free market you, the consumer, would easily be able to shop around on price. If you had a free market hospitals would not be allowed to violate antitrust laws or get special tax treatment.
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Old 05-15-2013, 07:52 AM
 
11,768 posts, read 10,269,301 times
Reputation: 3444
Quote:
Originally Posted by bUU View Post
There's no reason why the facilitation of affordable, basic essential care would block innovation, any more than public transportation blocks advancements in luxury automobiles.
Automobiles aren't granted monopoly status. Technology drops in price and doubles in capability at an incredibly fast pace, but medical technology doesn't drop in price.

Plastic surgery and eye surgery used to be expensive, but now they are cheap and the doctors still make alot of money. You don't have to go to a hospital for treatment though.
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Old 05-15-2013, 08:06 AM
bUU
 
Location: Florida
12,074 posts, read 10,713,084 times
Reputation: 8798
Quote:
Originally Posted by lycos679 View Post
Automobiles aren't granted monopoly status.
Neither is the innovation of medical technology.
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Old 05-15-2013, 08:13 AM
 
11,768 posts, read 10,269,301 times
Reputation: 3444
Quote:
Originally Posted by bUU View Post
Neither is the innovation of medical technology.
Patents and tariffs establish an artificial monopoly and it's granted by the United States Government.
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Old 05-15-2013, 08:21 AM
 
Location: NJ
23,567 posts, read 17,245,407 times
Reputation: 17615
The future is solar!!!!!!

Obama told us so and invested billions of dollars as he promised, "An unprecedented boom in domestic production has led to cheaper natural gas, and President Obama will take every possible action to safely develop this abundant source of American energy to support more than 600,000 jobs by the end of the decade."

Ask Obama where the jobs are now that he invested 11.2 billion just last year, "Worldwide, the U.S. Treasury’s Federal Financing Bank was the biggest asset-finance lender for renewable energy companies in the past year, arranging 12 deals worth $11.2 billion, according to New Energy Finance".

Ask Obama where the jobs are now that he has given the renewable industry billions of taxpayer money!
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