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Message

re: Single payer system

Posted on 3/7/17 at 10:56 am to
Posted by Centinel
Idaho
Member since Sep 2016
43319 posts
Posted on 3/7/17 at 10:56 am to
Posted by Stuckinthe90s
Dallas, TX
Member since Apr 2013
2576 posts
Posted on 3/7/17 at 10:57 am to
quote:

A much more elegant, not to mention cheaper, solution that also acknowledges the coming robotic revolution AND deals with Social Security and Medicare is a UBI.

Let' make sure qualifying Americans have a basic income of $24K a year , no welfare programs to supplement that, means tested or otherwise and buy your own insurance.

How about that?



That equates to 7.2 trillion dollars a year. We are no where near the GDP Per Capita level nor automation level that is needed in order to make Universal Basic Income a reality. I would not believe this to be possible until at least 2075. True automation that will put people out of jobs faster than it creates new jobs will not happen until we have invented/discover true AI and companies have implemented them on all three operational, strategic, and tactical levels of running a business.
This post was edited on 3/7/17 at 10:59 am
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123856 posts
Posted on 3/7/17 at 10:58 am to
quote:

LSUcjb318
You are pro-single payer?
Posted by narddogg81
Vancouver
Member since Jan 2012
19683 posts
Posted on 3/7/17 at 11:00 am to
No. We need to cut spending on all government programs across the board by at least 30% immediately (especially Medicaid). Also they are going to have to extend the ages of people before they can start collecting social security and stop paying out at all to people who make over a certain threshold from retirement. They are also going to have to stop using the excess SS tax funds to buy Treasury bonds, turning it into general revenue they can spend on pork. All tax revenues from SS in excess of payments has to immediately go into profitable investments which are not going to have to be paid back with interest by the government ( if they had been doing this all asking like they we supposed to the SS trust fund would be paying it's obligations from interest on investments alone). Of course none of this is going to happen (may already be too late) and instead they are going to just keep increasing the debt ceiling until we have to default and we get a world wide great depression.
Posted by roadGator
Member since Feb 2009
140102 posts
Posted on 3/7/17 at 11:01 am to
OK. I only ask that we do this together. You pick the evil insurance company.

Can we agree to use 2015?

All you have to do is give me the evil CEO's (your choice) salary for 2015.

I have the rest ready and waiting once you report back with the CEO and his salary for 2015.

Deal?

We'll then be able to address the relationship between CEO salaries and "price".

Get a pillow too.

Posted by Mudminnow
Houston, TX
Member since Aug 2004
34146 posts
Posted on 3/7/17 at 11:03 am to
Trump is already making bigly progress on the debt.
Posted by MSMHater
Houston
Member since Oct 2008
22774 posts
Posted on 3/7/17 at 11:03 am to
Here ya go RG...

Aetna
Mark Bertolini
$27.9 million

You seem to have this under control, but I'm enjoying lurking.
This post was edited on 3/7/17 at 11:04 am
Posted by LSUcjb318
Member since Jul 2008
2364 posts
Posted on 3/7/17 at 11:04 am to
quote:

You are pro-single payer?


Yes or a better public option at least.

Posted by roadGator
Member since Feb 2009
140102 posts
Posted on 3/7/17 at 11:08 am to


You did his homework for him. We are teaching him to fish. We aren't tossing him fish. He's not a trained seal.

Can we agree to round up to $28M?

ETA: We can still make him part of the process. See next post.
This post was edited on 3/7/17 at 11:10 am
Posted by LSUcjb318
Member since Jul 2008
2364 posts
Posted on 3/7/17 at 11:10 am to
Cordani's pay included $1.13 million in salary, $1.9 million in non-equity incentive pay, $240,355 in "other compensation," $6.98 million in value realized on exercising options and $16.92 million in value realized on stock awards vested.

Cigna

You must include their board of directors salaries and stocks.
Posted by LSUcjb318
Member since Jul 2008
2364 posts
Posted on 3/7/17 at 11:12 am to
I got to go to lunch but I will read the post where you school me in about an hour.

Murica

Posted by roadGator
Member since Feb 2009
140102 posts
Posted on 3/7/17 at 11:14 am to
OK. Someone did some of you homework for you. So to include you let's do this.

What is $28,000,000 divided by $60,000,000,000?

and

What is $28,000,000 divided by $52,000,000? This number is dicey at best because of multiple lines of coverage that Aetna offers but we will try to get some understanding here.
Posted by roadGator
Member since Feb 2009
140102 posts
Posted on 3/7/17 at 11:15 am to
quote:

You must include their board of directors salaries and stocks.


Goal post move.

Posted by DisplacedBuckeye
Member since Dec 2013
71494 posts
Posted on 3/7/17 at 11:16 am to
quote:

You must include their board of directors salaries and stocks.


roadgator, make sure you get the insurance agents, secretaries, and Starbucks employees anywhere they might get coffee, too. Need to see how far this all goes.
Posted by HeyHeyHogsAllTheWay
Member since Feb 2017
12458 posts
Posted on 3/7/17 at 11:20 am to
quote:

That equates to 7.2 trillion dollars a year. We are no where near the GDP Per Capita level nor automation level that is needed in order to make Universal Basic Income a reality. I would not believe this to be possible until at least 2075. True automation that will put people out of jobs faster than it creates new jobs will not happen until we have invented/discover true AI and companies have implemented them on all three operational, strategic, and tactical levels of running a business.


No it doesn't. Your figures assume giving EVERY American $2K a month. I don't propose that at all. I propose making sure every AMerican has at least $2K a month in income. Let's use some examples.

Assume a single person earning zero a year. That person would receive the full $48K a year

Assume another person earning $28K a year. That person would receive $20K a year.

Assume another person earning $50K a year. That person would get ZERO per year.

Children do not qualify , so a family will just have to make due with parents income.

People in prison do not qualify so that eliminates another roughly 9M people.

The total cost would probably be closer to $3T a year. A lot of money yes , but not an insurmountable amount given how many problems this potentially solves
Posted by Centinel
Idaho
Member since Sep 2016
43319 posts
Posted on 3/7/17 at 11:25 am to
quote:

The total cost would probably be closer to $3T a year. A lot of money yes , but not an insurmountable amount given how many problems this potentially solves


Right up until politicians keep increasing the "at least" income amount for votes.

Posted by Tigerlaff
FIGHTING out of the Carencro Sonic
Member since Jan 2010
20862 posts
Posted on 3/7/17 at 11:49 am to
quote:

Assume a single person earning zero a year. That person would receive the full $48K a year

Assume another person earning $28K a year. That person would receive $20K a year.

Assume another person earning $50K a year. That person would get ZERO per year.


Ahhh yes, the NUBI. A non-universal basic income where people get up in the morning to go to their $55K/year jobs instead of collecting the free $48K.

Posted by NOFOX
New Orleans
Member since Jan 2014
9939 posts
Posted on 3/7/17 at 11:53 am to
quote:

Assume a single person earning zero a year. That person would receive the full $48K a year



quote:

Assume another person earning $50K a year. That person would get ZERO per year.



Don't see a problem with these incentives?
Posted by roadGator
Member since Feb 2009
140102 posts
Posted on 3/7/17 at 11:53 am to


If I make just under the line, do I have an incentive to work hard for a raise?
Posted by Centinel
Idaho
Member since Sep 2016
43319 posts
Posted on 3/7/17 at 11:56 am to
People have an amazing ability to completely ignore second and third order effects.

This post was edited on 3/7/17 at 11:57 am
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