I don’t know man.
I am becoming suspect of Ozzy, Keith Richards, and the Queen of England.
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I heard Ozzy was able to negate the effects of drinking water by chasing every drop of water with another pill.
The Queen of England drinks baby blood so she’s unaffected.
No comment on Mr. Richards
Honorable mention: all politicians. They just never die young… shame.
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They have great health care we all pay for.
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David Cay Johnston shows that the effective tax rate for the top 400 taxpayers was 42 percent in 1961. No one is saying the effective tax rate was 91% But what is the effective tax rate recently? 36%? So it’s 6% lower according to the citation article. Does this include capital gains? Where do the top 1% make most of their money? Income or capital gains? Does it make a difference? And one must consider the biases of the tax foundation. They are mostly made up of businessmen and get 1/3 of their funding from corporations.
Do you believe a federal budget works the same as a personal budget? We’ve been listening to the debt mongering ever since I can remember. Around the early 90’s the debt was about 3 trillion. Now it is 10x higher and what has happened? Pretty much nothing. And all those fools who keep telling you the sky will fall and our children will be on the hook for the debt are proven wrong every time. You’d think they’d go back to the drawing . But nooooooo, they just dig in their heals and spout the same economic bullshit they’ve done their entire lives. Can’t give up on economic orthodoxy. Absolute rubbish!
Relatively very little. Same if we lose the petro-dollar.
Since when?
You must be against all those billions/triliions doled out to corporations and spent on all of those mid-east wars. Huh?
@castoli can you explain WHY having so much debt doesn’t matter?
Then why don’t other countries have deaths like us? Their citizens don’t die because they lack healthcare nor are they faced with going into BK. The people who conducted the study are professionals and you are…but you’re going to argue the study with a line of bullshit.
Can you explain why the federal governments budget works like a personal budget?
Can you explain why basic rules of economics don’t apply to the federal budget?
Oh wait, they do. Hence the inflation from printing trillions.
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I assure you: other countries have deaths, just like we do.
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I was hoping to get a mental picture of the growing US Debt. So I ran some data from the year 2000 thru 2021. I placed the data in a Fitted Line Plot and ran a best fit for linear, quadradic, and cubic. The best fit was a quadradic curve.
Using the equation I entered 2040 and 2050 to get an idea how fast the debt is increasing.
Assuming the curve equation is correct:
2040 the US Debt = $73.12 trillion
2050 the US Debt = $106.217 trillion
2100 the US Debt = $368.662 trillion
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No one dies from lack of healthcare here you buffoon. Hospitals literally can’t turn you away, even if you can’t pay.
Anyone who conducted this study was biased to start. A study is a study, but the quality therein can be subpar based on inherent biases; something you seem to not understand.
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Go to the ER for cancer and see if they treat it.
Imagine if there were some sort of repository that one could access, anytime, anywhere, that had all the information in the world on it… It would have allowed you to see that you are wrong, again.
https://www.goodrx.com/conditions/cancer/cancer-without-insurance
Can I be denied cancer treatment without insurance?
You cannot. However, without insurance, you will be charged 100% of the cost of treatment unless you take action.
Try not to hurt yourself with all this jumping to conclusions and shit.
The ER cannot cure cancer
W/o healthcare?
Hence the inflation from supply chain interruptions via Covid and all those wholesome companies using inflation as an excuse to artificially raise prices. Oil tumbles but gas prices spike.
Proving you know nothing about economics. Glad you highlighted your own ignorance. Read some books that tell the truth not neo-classical garbage. You have no idea the difference between a currency issuer and a currency user, do you?
And the debt in the early 90’s was about 3 trillion. Now it’s 10x higher. Man, all the sleep I’ve lost over it. Do you even know what the debt is?