Free market health care will save enough to pay off national debt

[EdwardBaiamonte]

the only way to create jobs in the U.S. is to get the poor to pay for it. Such as through tax breaks.

1) new jobs come new inventions
2) what govt can do is cut taxes and regulation if it wants to help
3) top 1% pay 42% of all income tax so there is plenty of room to cut taxes.

Do you understand now??

 

[EdwardBaiamonte]

But I doubt if it would pay off the national debt. Also, why should it. Health care didn't cause our national debt.

our health care is socialist so it costs 5 times more than it should. The saving could pay off the national debt in 6 years. It's truly a win win!!

Do we have universal, single payer health care? No. So you can't call our health care "socialist." Also, I will SHOW you what cost what. In terms of the true measure of wealth. Which is the GDP. You can compare the percentage of the national GDP that countries with universal health care pat compared to what our country pays.

and your point is???????

 

[EdwardBaiamonte]

No. China is still a communist country. .

Here are 3 books with which to begin your education:


"Capitalism With Chinese Characteristics"


"How China Became Capitalist"

In his new book titled Markets over Mao: The rise of private businesses in China, Lardy argues that even though SOEs still enjoy monopoly positions in some key sectors in China, such as energy and telecommunications, their role in the overall economy has diminished significantly over the years. Here are some of the facts he presents to back his thesis: in 2011, China’s state-controlled firms only accounted for about a quarter of the country’s industrial output; and their share in exports has dropped to about 11% today; in 2012, state firms were only responsible for about one-tenth of fixed investment in manufacturing. And in terms of employment, SOEs employed about 13% of China’s labor force in 2011, a dramatic decline compared with the 60% figure recorded in 1999.

The last I heard, China was still a communist country. Regardless of how they decided to tweak their economy.

the last you heard?? Did you hear from the authors of the 3 books I gave you???

 

[EdwardBaiamonte]

No. China is still a communist country. .

Here are 3 books with which to begin your education:


"Capitalism With Chinese Characteristics"


"How China Became Capitalist"

In his new book titled Markets over Mao: The rise of private businesses in China, Lardy argues that even though SOEs still enjoy monopoly positions in some key sectors in China, such as energy and telecommunications, their role in the overall economy has diminished significantly over the years. Here are some of the facts he presents to back his thesis: in 2011, China’s state-controlled firms only accounted for about a quarter of the country’s industrial output; and their share in exports has dropped to about 11% today; in 2012, state firms were only responsible for about one-tenth of fixed investment in manufacturing. And in terms of employment, SOEs employed about 13% of China’s labor force in 2011, a dramatic decline compared with the 60% figure recorded in 1999.

The last I heard, China was still a communist country. Regardless of how they decided to tweak their economy.

tweak???? switching from socialism wherein 60 million starved to death to Republican capitalism wherein 60 million are getting rich is far more than tweaking. Do you understand?

 

[footloose]

the only way to create jobs in the U.S. is to get the poor to pay for it. Such as through tax breaks.

1) new jobs come new inventions
2) what govt can do is cut taxes and regulation if it wants to help
3) top 1% pay 42% of all income tax so there is plenty of room to cut taxes.

Do you understand now??

You are the one who doesn't understand. Sukka. The wealthy most likely pay FAR LESS in taxes than the poor. Why? Because they can afford expensive lawyers and accountants to hide their money. And that doesn't include all of the corporate welfare. Or the cost to the poor by cutting regulations that allow corporations to screw up our environment. All the wealthy need to do is buy really expensive water filters. Or buy mansions in places that are away from much of the pollution. I will also include a graph of the percentage of state taxes that people pay by income level.

 

[EdwardBaiamonte]

The wealthy most likely pay FAR LESS in taxes than the poor. Why? Because they can afford expensive lawyers and accountants to hide their money.

if true the top 1% would not pay 40% of all federal income tax collected by IRS.


Top 1% pay nearly half of federal income taxes - CNBC.com
www.cnbc.com/.../top-1-pay-nearly-half-of-federal-income-taxes.html
‎
Apr 14, 2015 ... Top 1% pay half of the income tax Tuesday, 14 Apr 2015 | 11:00 AM ET ...income taxes in 2014—up from 43 percent in 2013 and 40 percent in ...

 

[footloose]

No. China is still a communist country. .

Here are 3 books with which to begin your education:


"Capitalism With Chinese Characteristics"


"How China Became Capitalist"

In his new book titled Markets over Mao: The rise of private businesses in China, Lardy argues that even though SOEs still enjoy monopoly positions in some key sectors in China, such as energy and telecommunications, their role in the overall economy has diminished significantly over the years. Here are some of the facts he presents to back his thesis: in 2011, China’s state-controlled firms only accounted for about a quarter of the country’s industrial output; and their share in exports has dropped to about 11% today; in 2012, state firms were only responsible for about one-tenth of fixed investment in manufacturing. And in terms of employment, SOEs employed about 13% of China’s labor force in 2011, a dramatic decline compared with the 60% figure recorded in 1999.

The last I heard, China was still a communist country. Regardless of how they decided to tweak their economy.

the last you heard?? Did you hear from the authors of the 3 books I gave you???

You are just trying to mix economics in with politics. There was a big deal made when communism collapsed in Russia. I haven't heard a peep about that happening in China. For example, did you ever hear about Tiananmen square? Also, at one time the communist government mandated a one child per couple policy. They recently "mandated" that couples could have two children if they choose to.

 

[EdwardBaiamonte]

. There was a big deal made when communism collapsed in Russia.

and??????????????????????

 

[EdwardBaiamonte]

I haven't heard a peep about that happening in China.

because it happened peacefully and slowly and mostly because liberals want to keep the greatest economic miracle in history secret. 40% of the entire planets poverty was quickly eliminated with Republican capitalism. Do you understand?

 

[EdwardBaiamonte]

For example, did you ever hear about Tiananmen square?.

yes, and???????????????????????????

 

[EdwardBaiamonte]

Also, at one time the communist government mandated a one child per couple policy. They recently "mandated" that couples could have two children if they choose to.

yes, and??????????????????????????????????????????

 

[footloose]

No. China is still a communist country. .

Here are 3 books with which to begin your education:


"Capitalism With Chinese Characteristics"


"How China Became Capitalist"

In his new book titled Markets over Mao: The rise of private businesses in China, Lardy argues that even though SOEs still enjoy monopoly positions in some key sectors in China, such as energy and telecommunications, their role in the overall economy has diminished significantly over the years. Here are some of the facts he presents to back his thesis: in 2011, China’s state-controlled firms only accounted for about a quarter of the country’s industrial output; and their share in exports has dropped to about 11% today; in 2012, state firms were only responsible for about one-tenth of fixed investment in manufacturing. And in terms of employment, SOEs employed about 13% of China’s labor force in 2011, a dramatic decline compared with the 60% figure recorded in 1999.

The last I heard, China was still a communist country. Regardless of how they decided to tweak their economy.

tweak???? switching from socialism wherein 60 million starved to death to Republican capitalism wherein 60 million are getting rich is far more than tweaking. Do you understand?

60 million starving to death? Did you pull that out of your ass or what. There was a famine in China under Mao. But from what I remember hearing, the number that dies was closer to 35 million. Even then, that wasn't an ongoing thing through all the following decades. As far as "getting rich" goes, that depends on what you mean by "rich." Compared to shitting in a rice patty, it doesn't take much to become "rich." Also, we don't import their cheap products because their workers are rolling in dough.

 

[EdwardBaiamonte]

There was a famine in China under Mao. .

yes and one in USSR under Stalin that together killed 120 million. But no famine in Republican capitalist America!!! Do you understand?

 

[EdwardBaiamonte]

Compared to shitting in a rice patty, it doesn't take much to become "rich."

today the Chinese buy more cars, plane trips, and movies than Americans. They are a long way from the rice patty. Do you understand?

 

[EdwardBaiamonte]

Also, we don't import their cheap products because their workers are rolling in dough.

as I said they are rapidly catching up to us already buying more plane tickets, movies, and cars than Americans.

 

[ScienceRocks]

Lol, this thread is so laughable! Free market healthcare is what we had before(At least in the profitability and private control of the system) the ACA! lol

Hell, free market healthcare without government regs is even worse as Free market healthcare in reality is everything goes and the rich are the only ones getting quality anything. It is evil..... Why? It can refuse a poor person and throw them onto the street....It can have such low standards that you die from even getting a damn shot or surgery.

The poor will have much shorter life's under such a system.

Of course you dumb fuckers don't care about the reality that single payer which is moral and will do a hell of a lot more towards paying down our debt....

The cold hard truth is the government already regulates the healthcare system anyways for a high standard and to prevent the abuses that would otherwise wouldn't be stopped. We'd be better off with having single payer as the rest of the developed world has and make damn sure no one suffers.

 

[dblack]

Lol, this thread is so laughable! Free market healthcare is what we had before the ACA! lol

When have we had a free market in health care? Certainly not for the last hundred years or so.

 

[EdwardBaiamonte]

Lol, this thread is so laughable! Free market healthcare is what we had before the ACA! lol

When have we had a free market in health care? Certainly not for the last hundred years or so.

He apparently has no idea that Medicare Medicaid schip VA tricare community clinics etc. are not private organizationsor that liberals made free enterprise illegal in healthcare in 1945 with the McCarren Ferguson

 

[EdwardBaiamonte]

Hell, free market healthcare without government regs is even worse.

as if govt regs are helpful?? 120 million slowly starved to death in USSR and Red China.

This is why China switched to capitalist regs from govt regs.Who brainwashed liberals into thinking govt was good when our founders thought the opposite??

 

[EdwardBaiamonte]

The cold hard truth is the government already regulates the healthcare system anyways for a high standard and to prevent the abuses

well then we must have it in all industries for high standards and to prevent abuses!!!
a liberal is a communist but lacks the IQ to know it