re: The ACA Helped Drive Down Personal Bankruptcies

the selected sample of years was not biased

not one bit

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Because the ACA was passed in 2010.

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So you take a fact, ACA was passed in 2010, and credit it as the primary reason bankruptcies fell, but do not put it into historical context as to what happened prior to 2009?

Wouldn't you think a graph of bankruptcies (adjusted for population growth) over the last century would be better? That way you could see the ebb and flow of things and not just look at events through an 7 or 8 year window.

Wouldn't that be relevant?

Google bankruptcies, and medical debt, and there are plenty of articles on the subject. This one concludes that medical debt is not that big of a factor.

LINK

This is like the chart showing terrorist attack deaths decreasing starting in 2002

Communism would completely end personal bankruptcies, what's your point?

Looking at you graphs SFP, you could ascertain that since the ACA has passed there's been a lot more terrorist attacks causing more deaths.

Hmmmmmmmmmmmmmmmmmmmm

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So you take a fact, ACA was passed in 2010, and credit it as the primary reason bankruptcies fell, but do not put it into historical context as to what happened prior to 2009?

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You didn't read the article. Why not?

Look.

Charts....

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you're posting a graph that shows bankruptcies skyrocketed due to the crash of 2008 and nothing else

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No, Consumer Reports is showing a graph and discussions with bankruptcy experts who agree that the decrease in bankruptcies post-ACA is due at least in part to the ACA.

And you know who primarily benefits from that?

Doctors and hospitals who don't get their bills bankrupted on. That money is coming from the rest of us who can afford insurance and to pay our taxes.

frick this shite. Repeal it. Make doctors provide a service at a price people can actually afford.

So we are just resetting to levels seen before the great recession and our peak can more than likely be contributed to that recession.

Even after the housing market crashed there were still people on balloon loans they couldn't get out of so of course the bankruptcies were going to rise and fall like that. The last round of balloon loans where people may be upside down are due this year and some into next year BTW so it will be interesting if people can get out of them and refi or if we see another rise in foreclosures.