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re: The cost of Obamacare... supporters of it.. please feel free to chime in
Posted on 4/12/14 at 2:09 pm to MIZ_COU
Posted on 4/12/14 at 2:09 pm to MIZ_COU
quote:
Or they would pass the costs on to customers, especially seeing as people would still buy clothes.
Retail demand is a bit inelastic these days, I would guess. You can always raise your prices. But there's no guarantee that your customers will pay it. Charging $2 more for a shirt means people buy fewer shirts. Not that no one buys shirts. If the retail industry shrank by 10%, the economy would tank and it wouldn't matter if Medicaid grew or shrank.
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Posted on 4/12/14 at 2:12 pm to the808bass
I would argue from a straight ecom math standpoint that the economy would tank if they had to provide health benefits is rediculas. But if I go ahead and grant you that point can I put you in the let the frickers die group?
quote:also i would like to see that curve
Retail demand is a bit inelastic these days,
This post was edited on 4/12/14 at 2:13 pm
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