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re: Obamercare
Posted on 11/12/14 at 9:32 am to reggierayreb
Posted on 11/12/14 at 9:32 am to reggierayreb
quote:
naive liberal
Redundancy is redundant.
1
Posted on 11/12/14 at 9:37 am to Phyacs OM
(no message)
This post was edited on 11/12/14 at 9:39 am
Posted on 11/12/14 at 9:59 am to StrawsDrawnAtRandom
I like to remind Hunter of his inferiority to me in all aspects of life.
Posted on 11/12/14 at 10:01 am to boxerbulldawg
I was forced out of my private insurance last year and into a silver plan. I'm fairly young and very healthy. I made no claims on health insurance last year. The premiums went up by 30%.
This post was edited on 11/12/14 at 10:02 am
Posted on 11/12/14 at 10:03 am to Landmass
quote:
They (Dems) don't understand simple economics... or they do and just don't care about inflation.
What fricking inflation?
This is the worst meme conservatives have. Have food prices gone up? Sure. Why? Fuel costs, weather anomolies, and ethanol (Bush and The Dems own that stinker). Inflation is very much under control as evidence by the relative strength of the dollar and mostly flat wage growth (this drives inflation more than anything). QE didn't drive up inflation anywhere but perhaps stocks. The Fed controls that and the Fed isn't beholden to Obama. The Fed Chair for the majority of the Obama administration was Bernanke who was put into place under Bush.
Conservatives, stop it!
Posted on 11/12/14 at 10:04 am to fontell
Just had our annual benefits meeting and the companies plan has gone to shite. Just a quick search of the health.gov site and it may be cheaper for me to drop my 18 y/o and have him sign up for Obamacare.
Posted on 11/12/14 at 10:13 am to the808bass
Typical fricking Republicans! Me! Me! Me! Me! Me!
Posted on 11/12/14 at 10:25 am to Duke
In the context of a health insurance thread, I think inflation is a pretty pertinent topic.
Posted on 11/12/14 at 10:34 am to the808bass
In the context of a healthcare thread, yes it is. In the context the poster I was responding to, no it wasn't.
Posted on 11/12/14 at 10:38 am to reggierayreb
This is becoming standard practice. Employers don't want spouses on their plans when they can avoid it. It's just more risk they have to absorb. Obviously it's worth the additional $50. The government has nothing to do with your situation though.
Posted on 11/12/14 at 11:28 am to Duke
quote:
What fricking inflation?
i understand the sentiment of it being an overused tagline, but to dismiss it is short sighted.
anywhere from 30-200% in a given year is not normal "inflation." inflation is made to go within the change of income of the american public over the course of time. A loaded griller at taco bell went from 1.19 to 1.39 over the last two years. My insurance went from $195-$315 in the last 14 months.
Gas in the late 2000s didn't even go that quickly over that course of time i don't believe.
ETA: i read the context comment afterwards. please ignore if not applicable to your statement.... in that context.
This post was edited on 11/12/14 at 11:29 am
Posted on 11/12/14 at 11:30 am to 3nOut
Again, droughts effect food prices. The stupidity of ethanol production increases food prices. Fuel costs have increased transportation but aren't the only driver of the cost-push you refer to.
Healthcare costs are also effected more by industry specific conditions than inflation in the traditional sense.
Healthcare costs are also effected more by industry specific conditions than inflation in the traditional sense.
Posted on 11/12/14 at 11:34 am to Duke
quote:
Healthcare costs are also effected more by industry specific conditions than inflation in the traditional sense.
so are you saying that the increases in health care costs in the last 2 years is in a vacuum from the ACA? Surely my good friend you're not willing to make that leap.
Posted on 11/12/14 at 11:41 am to 3nOut
Of course not.
Though there's the question of cost of services in general and what the typical consumer now has to pay. The ACA has had a significant effect on that. More insured = more demand. More preexisting conditions covered = more demand. The ACA is a real factor in the increase in prices in that specific industry.
Though there's the question of cost of services in general and what the typical consumer now has to pay. The ACA has had a significant effect on that. More insured = more demand. More preexisting conditions covered = more demand. The ACA is a real factor in the increase in prices in that specific industry.
Posted on 11/12/14 at 3:06 pm to Duke
quote:
Inflation is very much under control as evidence by the relative strength of the dollar and mostly flat wage growth (this drives inflation more than anything). QE didn't drive up inflation anywhere but perhaps stocks.
You really don't know what you're talking about at all do you.
This is the US $ index since QE1
QE flooded the market with dollars which drove down the value of the dollar. Drive down the value of the dollar and the US's good and services become cheaper else where in the world. All commodities are dollar denominated. Weak dollar means the price of these go up to americans.
Posted on 11/12/14 at 3:11 pm to bbvdd
Duke just got bbvdd'd
Posted on 11/12/14 at 3:22 pm to Vols&Shaft83
quote:
Duke just got bbvdd'd
Perhaps. I need to get to a computer where I can reevaulate my assumptions and see the possible error in my perspective.
If I was wrong and learn something, awesome because I learned something.
Posted on 11/12/14 at 3:34 pm to Duke
quote:
Perhaps. I need to get to a computer where I can reevaulate my assumptions and see the possible error in my perspective.
If I was wrong and learn something, awesome because I learned something.
Posted on 11/12/14 at 4:15 pm to bbvdd
I have now been able to look at some charts and do some quick reading to make sure I had a decent understanding of QE.
First of all, I find it interesting that USD Index you posted didn't go back any farther than 2010. Looking at points before the financial crisis (2006ish on a 25 year chart), the current index is still below the value at that time and well below the 120 peaks of 2000-2002. Not to mention the current value is still right about the peaks in 2009 and 2010. So why am I to take a recent spike as showing any significant erosion in the value of the USD? This run up is also happening as QE is tapering down? Why if QE is driving up inflation would inflation start to spike as the program is winding down?
Also correct me if I'm misunderstanding the function of QE, but doesn't act more as an asset swap? Trading assets like bonds and mortgage backed securities with dollars. Yes means more dollars in the financial system but to get those dollars in the market the banks would actually need to increase lending. That's where the increase in the money supply would come from right?
I do understand this and I'm certainly willing to believe any inflationary pressure would make this so. My problem with your point is this index showing the strength of the dollar compared to other currencies appears to be relatively low historically (compared to say...almost any point in the 1990s, hell any point before 2008).
Where am I mistaken? (Open question to any financial sector/bankers passing by)
First of all, I find it interesting that USD Index you posted didn't go back any farther than 2010. Looking at points before the financial crisis (2006ish on a 25 year chart), the current index is still below the value at that time and well below the 120 peaks of 2000-2002. Not to mention the current value is still right about the peaks in 2009 and 2010. So why am I to take a recent spike as showing any significant erosion in the value of the USD? This run up is also happening as QE is tapering down? Why if QE is driving up inflation would inflation start to spike as the program is winding down?
Also correct me if I'm misunderstanding the function of QE, but doesn't act more as an asset swap? Trading assets like bonds and mortgage backed securities with dollars. Yes means more dollars in the financial system but to get those dollars in the market the banks would actually need to increase lending. That's where the increase in the money supply would come from right?
quote:
All commodities are dollar denominated. Weak dollar means the price of these go up to americans.
I do understand this and I'm certainly willing to believe any inflationary pressure would make this so. My problem with your point is this index showing the strength of the dollar compared to other currencies appears to be relatively low historically (compared to say...almost any point in the 1990s, hell any point before 2008).
Where am I mistaken? (Open question to any financial sector/bankers passing by)
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