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Old 06-20-2017, 06:27 AM
 
Location: the very edge of the continent
88,997 posts, read 44,804,275 times
Reputation: 13695

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Quote:
Originally Posted by pknopp View Post
We aren't paying for the wars......why is it we can do this for wars and not to help people?
Too much cost. We don't spend $3.2 trillion/year on wars.

Quote:
(Also the numbers are bogus, it would be cheaper to do health care than what we are doing now)
Well, you can argue with the liberal think tank (Urban Institute) about that. But just be aware that they've researched the costs far more than you have.
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Old 06-20-2017, 06:28 AM
 
Location: the very edge of the continent
88,997 posts, read 44,804,275 times
Reputation: 13695
Quote:
Originally Posted by pknopp View Post
I want to do it. We need to do it. A tax on trades. I'm all for it.
You'll agree to having your pension checks cut to pay for it?
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Old 06-20-2017, 06:29 AM
 
79,907 posts, read 44,184,586 times
Reputation: 17209
Quote:
Originally Posted by InformedConsent View Post
Too much cost. We don't spend $3.2 trillion/year on wars.
It costs less to have someone see a doctor than go to an E.R. It cost less to treat an illness when it first starts than after it's been ignored.

Quote:
Well, you can argue with the liberal think tank (Urban Institute) about that. But just be aware that they've researched the costs far more than you have.
My facts are facts.
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Old 06-20-2017, 06:31 AM
 
79,907 posts, read 44,184,586 times
Reputation: 17209
Quote:
Originally Posted by InformedConsent View Post
You'll agree to having your pension checks cut to pay for it?
No I won't. No one will. Pensions are a promised amount. If a company makes a little less the promised pension does not change.
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Old 06-20-2017, 06:35 AM
 
Location: the very edge of the continent
88,997 posts, read 44,804,275 times
Reputation: 13695
Quote:
Originally Posted by pknopp View Post
It costs less to have someone see a doctor than go to an E.R. It cost less to treat an illness when it first starts than after it's been ignored.
If costs decrease, as in your conjecture, the 25% national VAT tax on all consumer spending can be adjusted downward, accordingly.

Quote:
My facts are facts.
Only to you. But feel free to publish a similarly-researched rebuttal of the Urban Institute's report. Make sure you post a link to it when it's available.
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Old 06-20-2017, 06:37 AM
 
Location: the very edge of the continent
88,997 posts, read 44,804,275 times
Reputation: 13695
Quote:
Originally Posted by pknopp View Post
No I won't. No one will. Pensions are a promised amount. If a company makes a little less the promised pension does not change.
Well, there you go... That's exactly why a tax on Wall Street financial transactions won't work. Pension funds can only pay out what they have. A tax on financial transactions reduces their investment yield.
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Old 06-20-2017, 06:45 AM
 
79,907 posts, read 44,184,586 times
Reputation: 17209
Quote:
Originally Posted by InformedConsent View Post
If costs decrease, as in your conjecture, the 25% national VAT tax on all consumer spending can be adjusted downward, accordingly.
If we can not pay for the wars, we can simply not pay for health care.

Quote:
Only to you. But feel free to publish a similarly-researched rebuttal of the Urban Institute's report. Make sure you post a link to it when it's available.
Is it less expensive to see a doctor than go to the E.R.? Is it less expensive to treat an illness early or after it's been ignored?

Go ahead, dispute this.
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Old 06-20-2017, 06:46 AM
 
79,907 posts, read 44,184,586 times
Reputation: 17209
Quote:
Originally Posted by InformedConsent View Post
Well, there you go... That's exactly why a tax on Wall Street financial transactions won't work. Pension funds can only pay out what they have. A tax on financial transactions reduces their investment yield.
Not my problem. They will have to put profits and multi million dollar bonuses into the system to honor their promises.
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Old 06-20-2017, 06:52 AM
 
Location: the very edge of the continent
88,997 posts, read 44,804,275 times
Reputation: 13695
Quote:
Originally Posted by pknopp View Post
If we can not pay for the wars, we can simply not pay for health care.
You keep saying that without understanding the damage caused by injecting a newly printed/borrowed $3.2 trillion/year into the economy: massive $US devaluation and hyperinflation.

Quote:
Is it less expensive to see a doctor than go to the E.R.? Is it less expensive to treat an illness early or after it's been ignored?

Go ahead, dispute this.
That may well end up being true, eventually. If so, the 25% national VAT tax on all consumer spending can be adjusted downward, accordingly. Alternatively, some classes of consumer goods could be exempted from the tax.
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Old 06-20-2017, 06:53 AM
 
Location: the very edge of the continent
88,997 posts, read 44,804,275 times
Reputation: 13695
Quote:
Originally Posted by pknopp View Post
Not my problem. They will have to put profits and multi million dollar bonuses into the system to honor their promises.
False. Company pension funds go bust all the time. Guess what happens?
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