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Taxing the rich is not punishing them at all. If they make a million a year and pay 50% in taxes, they still go home with $500K which is a lot more than the other 95% of us go home with.
I never said taxing the rich is punishing them. Read what I wrote.
I was talking about the motivations of the tax increase. For some people the motivation is just to make rich people earn less, and nothing else. Their motivation is to punish them.
For other people like me, if I want a tax increase on the rich it is because I believe it will benefit the citizens of the country. I have no hatred for the rich. I don't think people should base their policies on hatred.
You may want to look at European health care systems, all of which mix private and public provisions.
I agree.
Universal Healthcare in places such as France are run by the private sector, whilst a high percentage of hospital beds in Germany are provided by the private sector.
In terms of the British NHS, it has an increasingly high input from the private sector, whilst major teaching hospitals are seen as amongst the best in the world.
The Italians have the system most liker the British one, and there healthcare is usually rated as very good.
Oh and while I am at it. The UK Economy is currently taking austerity measures as it's trying to generate investent through the private sector by trying to maintain stability coupled with some tax cuts such as the recent cut of top level tax from 45% to 50%.
A stable pound, coupled with cuts in spending and cuts to some taxes, is having positve results in the UK and is far better in my opinion than embarking on further borrowing, keynesian style big state spending and as a consequence higher taxes, which is what the French are proposing. Private investors and big business prefer stable economic conditions and lower taxes,and the UK is in a prime position to attract further investment and jobs.
There have recently been very positive moves from the private sector, big business and investors, who seem to prefer the UK's stable currency and taxes to what is occuring in a lot of the rest of Europe.
Britain has also seen a lot of investment in hi-tech industry in recent decades, with areas including information and communication technology, defence, aerospace pharmaceuticals, biotechnology, fuel cells, plastic electronics, aerospace, nanotechnology, IT and software.
Well Ireland's austerity is working well for Australia and New Zealand with well trained experienced professionals leaving Ireland for Aus. or NZ.
It will be interesting if the USA goes down the path of harsh austerity, it will give us a lot of liberal professionals to pick and choose from.
Sorry conservatives who are of course religious; would not be comfortable in countries where the majority non-religion is being a heathen who spends Sundays fishing instead of being on our knees.
Universal Healthcare in places such as France are run by the private sector, whilst a high percentage of hospital beds in Germany are provided by the private sector.
In terms of the British NHS, it has an increasingly high input from the private sector, whilst major teaching hospitals are seen as amongst the best in the world.
The Italians have the system most liker the British one, and there healthcare is usually rated as very good.
Universal healthcare is a fine thing. I would approve of a logical plan, but obamacare is NOT it. First and foremost the people should have an OPTION whether to buy or not. Secondly, we cannot and SHOULD not offer it to illegal immigrants. It will put a HUGE burden on our budget that we cannot sustain.
There are plenty of things that could have been done to improve and reduce the cost of healthcare in the US...but obama wanted to leave a legacy, and that was more important than doing what is RIGHT for this country in his eyes.
I was referring to the crisis between 1999 and 2002.
Yeah, IMF to the rescue, with their Americanized, K-Street, Wall Street solution to everything: cut, cut, and cut.
In theory, cutting the budgets was supposed to help Argentina balance its budget. But every time they cut the budget, the cut jobs, which meant that there was tax less revenue going to the treasury.
The point is, if you're going to cut, you cut when the private sector capital markets are strong, not when they're weak. If you cut when they're weak, you'll end up making the budget problems worse. And that's exactly what they did. The budget problems were never resolved through cuts; in fact, they might have been worsened. If people think that cutting Obama's spending is going to shrink the deficit now, they're sorely mistaken. Economics doesn't work like that.
Because Argentina froze the peoples money. That is why no jobs were created. The same mistake FDR did in late 36 early 37 that caused a depression with a depression. You do not recover when you limit the availability of the current money supply to the people. You don't expand the money supply. you don't contract it, you make it available.
"Specifically, cash withdrawals from banks were to be limited to $250 per depositor per week for the next ninety days, and all overseas cash transfers exceeding $1,000 were to be strictly regulated. Anyone attempting to carry cash out of the country by ship or by plane was to be interdicted. "
Confiscatory deflation dealt a severe blow to cash businesses and, according to one report, "brought retail trade to a standstill."
Savings accounts above $3,000 were frozen for a year. That was 1/3 of the deposits in the banking system.
If you had less than $5,000 you would be able to withdraw their cash in twelve monthly installments in one year. Over that they would not be able to begin cashing out until September 2003, and then only in installments spread over two years.
Universal healthcare is a fine thing. I would approve of a logical plan, but obamacare is NOT it. First and foremost the people should have an OPTION whether to buy or not. Secondly, we cannot and SHOULD not offer it to illegal immigrants. It will put a HUGE burden on our budget that we cannot sustain.
There are plenty of things that could have been done to improve and reduce the cost of healthcare in the US...but obama wanted to leave a legacy, and that was more important than doing what is RIGHT for this country in his eyes.
It is simple, stop treating people in hospitals who niether have the money or insurance, just let them die.
That would wake people up to the fact that the US needs a better system.
Rather shameful that one of our doctors goes to the USA to do charity clinics, only third world countries should need that
Universal healthcare is a fine thing. I would approve of a logical plan, but obamacare is NOT it. First and foremost the people should have an OPTION whether to buy or not. Secondly, we cannot and SHOULD not offer it to illegal immigrants. It will put a HUGE burden on our budget that we cannot sustain.
There are plenty of things that could have been done to improve and reduce the cost of healthcare in the US...but obama wanted to leave a legacy, and that was more important than doing what is RIGHT for this country in his eyes.
I agree re Obamacare. It is a complete mess and disaster. You cannot half ass something like healthcare. I do NOT agree that people should be given the "option" of buying or not. Healthcare should be universal and tax supported. People cannot "opt out" of getting cancer, having a heart event or getting hit by car. Crap happens. And when it does, the rest of us should not have to fork over for their care.
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