tag:blogger.com,1999:blog-6276561747841568697.post4107313392362396689..comments2024-03-27T05:23:48.855-04:00Comments on Krugman-in-Wonderland: The Economics KillersWilliam L. Andersonhttp://www.blogger.com/profile/01802990642236807359noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6276561747841568697.post-57761889480305853582012-09-07T12:01:31.763-04:002012-09-07T12:01:31.763-04:00What amazes me is how people are claiming that Rya...What amazes me is how people are claiming that Ryans plan is being taker seriously by the party when Romney(you know the actual presidential nominee) not only criticized Ryan's plan when it was first proposed, but has repeatedly stated(even after bringing Ryan on the ticket) that he is not going to change or cut Medicare. <br /><br />So yea, no need to worry Krugman, even Ryan's relatively modest proposal wont happen under a Romney administration.Anonymoushttps://www.blogger.com/profile/08842461579768316376noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-82846159191700452542012-09-06T11:13:41.801-04:002012-09-06T11:13:41.801-04:00I love price controls!I love price controls!Anthony Limahttps://www.blogger.com/profile/15923530382897881718noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-12494431814629577892012-09-02T14:06:48.648-04:002012-09-02T14:06:48.648-04:00Zac
As soon as you become educated on the subject...Zac<br /><br />As soon as you become educated on the subject matter and demonstrate critical thinking, I will. <br /><br />You didn't answer my questionMikenoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-13910591428970175572012-09-02T12:19:06.028-04:002012-09-02T12:19:06.028-04:00Mike: I had no interest in making an arguement ......<b>Mike</b>: <i>I had no interest in making an arguement ... </i><br /><br />You succeeded. Let us know when you change your stance. <br /><br />Zachrielhttps://www.blogger.com/profile/11268229653808829377noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-34564798623651391632012-09-02T11:19:01.266-04:002012-09-02T11:19:01.266-04:00Zac
I had no interest in making an arguement as y...Zac<br /><br />I had no interest in making an arguement as you have demonstrated consistently being impervious to logic and reason.<br /><br />Just a statement that you appear to have expressed an opinion on a subject matter you have a superficial understanding of.<br /><br />Nice smartass response on the typo. Very mature.<br /><br />What do/did you do for a living?Mikenoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-11880961456940169202012-09-02T08:05:00.509-04:002012-09-02T08:05:00.509-04:00Mike Tour comment reflects a superficial understan...<b>Mike</b> <i>Tour comment reflects a superficial understanding of the business of insurance</i><br /><br />Tour comment reflects a superficial understanding of what constitutes a valid argument. <br />Zachrielhttps://www.blogger.com/profile/11268229653808829377noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-16951318988492918632012-09-01T17:28:21.636-04:002012-09-01T17:28:21.636-04:00Zac
Tour comment reflects a superficial understan...Zac<br /><br />Tour comment reflects a superficial understanding of the business of insuranceMikenoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-38149161908339703082012-09-01T10:46:51.739-04:002012-09-01T10:46:51.739-04:00William L. Anderson: In other words, firms would g...<b>William L. Anderson</b>: <i>In other words, firms would gain nothing from engaging in activities that are more costly than necessary to provide a final product. </i><br /><br />That's where you are confused. The product is the pool of subscribers. So the most profitable business model is to attract those who are healthy, while purging those who are not.Zachrielhttps://www.blogger.com/profile/11268229653808829377noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-29181501478444463502012-08-31T20:33:22.087-04:002012-08-31T20:33:22.087-04:00You ask the question why an insurance company woul...You ask the question why an insurance company would create a bureaucracy. What you fail to mention, however, is that in order for an insurance company to be profitable a certain percentage of consumers must pay more into the system than what they receive in services. A patient could go a lifetime without paying for insurance and upon the diagnosis of an illness sign up for insurance. Therefore, the insurance company must create a bureaucracy in order to protect itself from moral hazard. Furthermore, you fail to mention that the purpose of insurance is to protect the consumer against financial ruin in the event of an emergency. If car insurance covered every oil change, brake replacement, and tire rotation, the cost of car insurance would be outrageous. It seems to me that Ryan's Medicare reforms bring us closer to this reality and ultimately will encourage healthier lifestyles. Regardless, what you and the politicians fail to recognize is that Americans are the unhealthiest people in the world. No long standing civilization can survive with epidemic levels of heart disease, cancer, and diabetes. Until the underlying causes of rising healthcare costs are addressed, any arguments about who pays for healthcare is moot. Robbienoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-19084887804520745692012-08-31T17:14:24.499-04:002012-08-31T17:14:24.499-04:00I'll admit that I may be mistaken. But isn'...I'll admit that I may be mistaken. But isn't the idea of premium support for Medicare that Ryan is proposing, the essence of Obamacare that Krugman, etc. extol ?<br /><br />I also am surprised that the Bush Medicare Rx plan that is right up Krugman's, etc. alley (and from what I understand is not only providing coverage but also doing reasonably well in not only controlling costs) is said to be a terrible budget buster by those who want more coverage at whatever cost.CPBrownnoreply@blogger.com