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Old 08-09-2018, 10:09 AM
 
Location: Los Angeles (Native)
25,303 posts, read 21,458,447 times
Reputation: 12318

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People need to stop being complacent and hoping that their employer or government saves or provides a retirement for them . Reality is most don’t even think about saving or investing until it’s too late .
Maybe it’s the liberal/socialist idea that it’s greedy to save and make/invest money ?

All I know I can’t depend on the government for any social security /retirement way too risky .

 
Old 08-09-2018, 10:12 AM
 
79,907 posts, read 44,199,011 times
Reputation: 17209
Quote:
Originally Posted by Quick Enough View Post
It is NOT MY fact.

Did you bother to read my post about the England health care ?

The FACT that YOU don't know about it does NOT mean it does NOT exist.

MANY countries allow private healthcare insurance as well as gov't run care.

"ignorance is bliss" as they say!
Let's argue England does it. That does not equate to "many". Canada does not so can I argue that none do?
 
Old 08-09-2018, 10:13 AM
 
79,907 posts, read 44,199,011 times
Reputation: 17209
Quote:
Originally Posted by jm1982 View Post
People need to stop being complacent and hoping that their employer or government saves or provides a retirement for them . Reality is most don’t even think about saving or investing until it’s too late .
Maybe it’s the liberal/socialist idea that it’s greedy to save and make/invest money ?

All I know I can’t depend on the government for any social security /retirement way too risky .
It's greedy to hurt those who saved like we have been doing the last decade.
 
Old 08-10-2018, 04:44 AM
 
59,059 posts, read 27,306,837 times
Reputation: 14285
Quote:
Originally Posted by pknopp View Post
Let's argue England does it. That does not equate to "many". Canada does not so can I argue that none do?
"Canada does not" WRONG, AGAIN!

"Canada: Canada has a single-payer system. The government pays for services provided by a private delivery system. The government pays for 70 percent of care. Private supplemental insurance pays for vision, dental care, and prescription drugs."

https://www.thebalance.com/universal...h-care-4156211

England, France, Germany Switzerland and few others allow private insurance.


So, I will ask AGAIN. If the gov't healthcare so SO GOOD WHY is private insurance needed?
 
Old 08-10-2018, 04:46 AM
 
79,907 posts, read 44,199,011 times
Reputation: 17209
Quote:
Originally Posted by Quick Enough View Post
"Canada does not" WRONG, AGAIN!

"
Canada: Canada has a single-payer system. The government pays for services provided by a private delivery system. The government pays for 70 percent of care. Private supplemental insurance pays for vision, dental care, and prescription drugs."

https://www.thebalance.com/universal...h-care-4156211

England, France, Germany Switzerland and few others allow private insurance.


So, I will ask AGAIN. If the gov't healthcare so SO GOOD WHY is private insurance needed?
You simply enforced what I said.
 
Old 08-10-2018, 04:52 AM
 
59,059 posts, read 27,306,837 times
Reputation: 14285
Quote:
Originally Posted by pknopp View Post
That's what I said.......for things not covered. Basic health care is covered. If you get sick, you go to the doctor and you don't worry about it. As we know, things like prescription medicines are far cheaper in Canada also.
"If you get sick, you go to the doctor and you don't worry about it."

I guess you did NOT read this.

" For example, obtaining an MRI scan in a hospital could require a waiting period of months, whereas it could be obtained much faster in a private clinic."

"things like prescription medicines are far cheaper in Canada also"

"Prescription drug pricing and costs
In recent years, drug spending has accounted for an increasingly large proportion of expenditures in the Canadian health care system, with expenditures growing faster than any other component of health care. Expenditures on drugs have surpassed spending on physician remuneration to become the second largest cost in the health care system, after hospitals. The main drivers behind these increased expenditures are:
  • an increase in the overall use of prescription drugs; and
  • the use of newer and more costly prescription drugs
Canada's drug prices are now the third highest among the Organisation for Economic Co-operation and Development (OECD) countries - that is 22% above the OECD median. This influences Canadians' access to important prescription drugs and the sustainability of Canada's health care system>

https://www.canada.ca/en/health-cana...ts-prices.html
 
Old 08-10-2018, 05:02 AM
 
Location: the very edge of the continent
89,018 posts, read 44,824,472 times
Reputation: 13711
Quote:
Originally Posted by personne View Post
There I go again, pity me.

From your own link :

Household net adjusted disposable income is the amount of money that a household earns each year after taxes and transfers. It represents the money available to a household for spending on goods or services. In France, the average household net adjusted disposable income per capita is USD 31 137 a year, higher than the OECD average of USD 30 563. (not counting the social perks you PERSONNALLY pay for and is distributed here? such as health care and universities)
Actually, it does include those perks. That's what artificially inflates France's household net adjusted disposable income, per the following, also from the link:

"Household net adjusted disposable income is the amount of money that a household earns, or gains, each year after taxes and transfers. It represents the money available to a household for spending on goods or services.

Household adjusted disposable income includes income from economic activity (wages and salaries; profits of self-employed business owners), property income (dividends, interests and rents), social benefits in cash (retirement pensions, unemployment benefits, family allowances, basic income support, etc.), and social transfers in kind (goods and services such as health care, education and housing, received either free of charge or at reduced prices)."
Quote:
Do you want to debate social inequality also?
Social inequality happens in the US because of the US' progressive tax system (the most progressive among developed nations, in fact). A European economist explains why...
Quote:
[Economist Anatole] "Kaletsky argues that over-reliance on progressives taxes creates “a perverse incentive for governments to promote income inequality. If the solvency of the state and the ability to fund basic services for the poorest people in society depends on the rich getting even richer, it is tempting for even the most progressive politicians to support widening inequalities."
The liberal case for regressive taxation

That's what's inherently wrong with a progressive tax system such as we have here in the US; it distorts and exacerbates inequality by necessity in order to maximize tax revenue.

And that's exactly what's happening.
 
Old 08-10-2018, 05:02 AM
 
Location: Western North Carolina
8,044 posts, read 10,635,981 times
Reputation: 18919
Quote:
Originally Posted by ottomobeale View Post
I know Ill be a Walmart greeter. (actually probably not. launching an Ebay micro business that will likely bring in ~20K a year. Not great but that is survival)
Had to chuckle at this a little bit. Having sold on eBay for several years, IF ONLY I could see 20k a year! With a tremendous amount of work, effort, and luck, perhaps possible, but don't count on it.
 
Old 08-10-2018, 05:04 AM
 
Location: Western North Carolina
8,044 posts, read 10,635,981 times
Reputation: 18919
Quote:
Originally Posted by Listener2307 View Post
I'll go along with the OP. I have tried to learn a little about why the pension disappeared, but I always end up reading some diatribe condemning some President or another. Bottom line is, accounting rules killed it.
More like corporate GREED killed it.
 
Old 08-10-2018, 05:06 AM
 
Location: the very edge of the continent
89,018 posts, read 44,824,472 times
Reputation: 13711
Quote:
Originally Posted by Quick Enough View Post
It is NOT MY fact.

Did you bother to read my post about the England health care ?

The FACT that YOU don't know about it does NOT mean it does NOT exist.

MANY countries allow private healthcare insurance as well as gov't run care.

"ignorance is bliss" as they say!
Correct. Those with private insurance in countries with national health care get better medical care than those who don't.
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