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Don't get your hopes up too high... While this *may* be explosive politically... it could also get no media coverage... don't set your sights too high.
I appreacite the concern for the uninsured... the problem, I think, is force compassion. If the US Government can decide to take from some to give to others it has to have a hugely compelling reason. Maybe Healthcare is that reason... and the process was subverted... angering many in the process and causing many to wonder if their government could be trusted. Suppose your neighbor needed food... really and truly... and I knocked at your door... took your food against your will... and fed your needy neighbor. What justified... it wasn't done well. This new Health Care Delivery is not only awkward... its politically (read: poorly) designed. This is why we have votes, discussions, debate... not a freight train.
"Spending cuts while the private sector is deflating..." would be call a Recession. The Federal Government is Recovering this economy by spending more money. Economy = Public Spending + Private Spending. If the Private falters, the Public picks it up. Then the rub... short term - this works. Long term - it damages the very economy you're trying to save. We're at 4 years now. This is no longer temporary. Zombie Economy... Our President needs to take a radical step away from where he's going and towards Private Sector growth. But I don't think that's going to happen.
"Money is created when it is spent and destroyed when it is taxed ". I've studied economics... this I don't understand. What model are you using? Krugman argues that we can Spend & Tax to increase Econ Activity and that there's no downside to that curve. Krugman is wrong but he thinks he's right. I just don't know this model... could you point me to an article or class of economic theory? Not being snarky, just don't know. Thx.
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Thursday, May 23 | 06:50 PM ET
Thursday, May 23 | 06:50 PM ET
Thursday, May 23 | 06:50 PM ET
Thursday, May 23 | 06:50 PM ET