Health Care Bill: What It Means to You
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All Comments (95)
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BS, all of it. They say what stupid people want to hear.
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@nafaidni I see you haven't studied Austrian economics since you seem to think we can spend our way outta debt. Our debt is gonna go way up in the next decade too with our medicare n social security unfunded liabilities.Debt doesnt make you a fascist though, it's the way Obama is following Bush foreign n monetary policies among other things is why I consider him fascist. This country went bankrupt n has been under emergency banking procedures,bankrupt,n on loans since fdr as far as I know
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Ever Republican president since (and including) Reagan has increased the debt/GDP, while every Democratic president since (not including) Franklin Delano Roosevelt lowered it.
But Bush's uber-recession totally crashed the economy. It takes major spending to get out of a recession that size (the Great Depression took World War II to fix itself, and that raised the debt to 120%/GDP, whereas debt today is only around 90%/GDP.
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The bill raises money through cuts on wasteful spending in Medicare. No taxes are passed besides the 2.5% tax penalty on not being insured (mostly affects the moderately wealthy who choose not to buy insurance), a 30% *I think* tax on insurance plans costing over $25000 or so for families (these Cadillac plans are only for the hotshot CEOs who want to be invincibly insured), and the 10% tax on tanning booths (not healthy, like cigarettes).
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@cvcdgftr7676545 hahaha well hate to disappoint u but unfortunately I'm broke, in college, majoring in Political science and Econ. Now I don't know how much u actually know about American debt but don't take my word for it; do some research and find out. Also whether your an American or not, don't insult my fellow citizens like that, that's just disrespectful.
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@JeradStarr it's going to reduce the debt that we have. why you can't get that is beyond me. it's not a small bill, but it's something that's a long time coming and needed to be done.
it sounds to me like you are rich or well off and don't want to pay more taxes. it's like americans don't care about people who are not rich or upper middle class, which is most of america nowadays.
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@cvcdgftr7676545 Whether it may lower the "deficit" is debatable; however the term"deficit" only refers to the govt.'s salary of tax dollars. It may lower it, however that would largely be due b/c of taxation. DEBT is very different and MUCH more important. The CBO says the bill will create roughly 10 trillion dollars in debt by 2020! That is a shit-ton!! That price tag costs more than WWII, Vietnam, The New Deal, and the Iraq war combined!
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good info appreciate it
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At our expence
GOTCHA BITCH! I bet Palin will take full advantage of this new Health Care. She don't have to run to Canada no more. ahahahahahahahaahahahahahaahaha
Thank You President Obama!
hustletv 1 year ago 3
by the way i hate fuckin glenn beck!!
hefeltbad 1 year ago 2