Quote:
Originally Posted by Mkelcy
Spending on homes, furniture, appliances, cars, groceries, dental braces, etc. is what creates jobs. Only a fool believes that supply creates demand. Demand is what makes the economy go, not supply - and demand is created by the 47%, not the 1%. The wealthy have prospered during this downturn, yet I don't see the economy recovering; perhaps that's because the top 1% or top 30% really aren't the economy. As difficult as it may be for a Fox News adherent to believe, it may be that everyone needs to do well for all of us to do well. More higher incomes for all will do a lot to increase tax revenues - but that would mean senior corporate executives being paid what they produce - like their employees - rather than what they can convince their cronies on the board compensation committees (with the implicit "you wash my back, I'll wash yours" agreement) they're worth.
If increased access to health care doesn't reduce costs, then I don't understand anything about the healthcare system. In California - as in the rest of the country - the single most expensive point of entry into the healthcare system is the ER. The fewer people whose only access to the healthcare system is the ER the better - and cheaper - for all of us. Obamacare is a big step in that direction. If you really want to reduce health care costs, eliminate the insurance companies and go to a single payer system. The 15% the healthcare companies can keep does nothing for health care and is entirely used for marketing and corporate profits.
Perhaps folks should educate themselves before pretending to have all the answers for the rest of us.
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Okay -- You've won!
In the morning I'm going to donate all my worldly possessions to the Goodwill... and I'm going to live in a cardboard box. Surely that will make me see the light.
