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re: Matt Walsh on affordability
Posted on 8/5/26 at 1:25 pm to wackatimesthree
Posted on 8/5/26 at 1:25 pm to wackatimesthree
quote:
Tariffs only make it worse.
Correct
When the Dems have control again they should refer to any tax increase as a tariff to get the MAGA populists on board
Posted on 8/5/26 at 1:27 pm to ManBearSharkReb
quote:
60% of the US Senate is boomer.
And? Do you believe that all boomers are like politicians?
quote:
Trump Biden Obama Bush all boomers.
Same as above. Voted for by more than just boomers.
quote:
Baby Boomers first achieved a majority in the House of Representatives following the 1998 midterm elections.
Again, politicians
quote:
Most people in my generation point to 9/11 as the turning point and the beginning of the decline of our country.
Boomers been around a lot longer than that.
quote:
Boomers have been in charge for the downfall of America.
Again, politicians
quote:
And they still vote in their own self interests
Don't we all? I vote in my and my families interests.
quote:
and hand the credit card bill to their kids and grandkids.
You need to go into this a little more and clarify exactly what you are referring to, and why the boomer generation is to blame.
quote:
There is a reason why they call you BABY boomers. You never grew up.
I'm a gen x/millenial, FWIW.
Looks like your problem isn't with an entire generation of people, but moreso with politicians. That i can agree with. However, we all vote for them, so we all share some responsibility.
Posted on 8/5/26 at 1:34 pm to TideCPA
quote:
He's saying no credible person is blaming Trump for this, but much of the affordability problem 100% comes back to the COVID checks and PPP loans, which Trump oversaw and signed into law.
The inflation from Covid was over and Trump was righting the ship then he stupidly decided to go attack Iran
All current inflation is because of the war, and it will cost Trump and Republicans Congress. Not not only will democrats win, we will see many radical democratic socialists win. The pendulum has swung to the far left
Posted on 8/5/26 at 1:38 pm to deltaland
quote:
All current inflation is because of the war, and it will cost Trump and Republicans Congress. Not not only will democrats win, we will see many radical democratic socialists win. The pendulum has swung to the far left
In other words, we lost because of an unforced error that couldn’t be made.
Posted on 8/5/26 at 1:54 pm to bbvdd
quote:
Please explain how tariffs effect the price of healthcare and insurance.
I have before, more than once, and explaining it over and over gets tedious, so please pay attention this time.
We get the majority of plastics medical supplies and medical electronics equipment from overseas, mostly China. We're talking about everything from gowns and gloves and IV and surgical tubing and bags to x-ray and MRI and monitoring and even robotics surgery equipment and parts from overseas (China, mostly).
Studies have shown that specifically for medical products 56% of these additional costs are being passed on to hospitals and clinics (that's better than for all products btw, by a significant margin).
They then pass those costs along to consumers, which, for them, means mostly insurance companies. They negotiate higher rates, and they do so at least in part by showing the insurance companies the increased expenses for essential items like the ones I listed (and that's just off the top of my head, there's a lot more than that).
Not to mention, when auto and aircraft parts get more expensive because they are being tariffed, vehicle insurance goes up (for the same reason...it costs more to fix the vehicle, so insurance goes up). This means that between vehicle insurance plus the increased maintenance costs, shipping also increases, which is passed on to consumers, and that affects pretty much any product that isn't a digital file delivered online.
How about this one? Construction supplies are also heavily imported. Which means the cost of maintaining buildings (and houses) goes up. Which affects rent/prices. Again, pretty much anything that needs a brick and mortar building to do business. Hospitals and clinics definitely fall into that category.
So does the tariffed plastics, since they are used in so much packaging.
It's not hard to figure these things out once you accept the fact that Trump can't magically make money appear in the federal tariff account. If it's in there, it came from somewhere, and you can also no longer deny that it is Americans who are paying it since Trump lost the court case requiring money to be paid back. To Americans.
This post was edited on 8/5/26 at 1:56 pm
Posted on 8/5/26 at 2:15 pm to dgnx6
quote:
We averaged 6.5% inflation pe year under Biden.
WTF does that have to do with the topic at hand?
Posted on 8/5/26 at 2:20 pm to wackatimesthree
quote:
Studies have shown that specifically for medical products 56% of these additional costs are being passed on to hospitals and clinics (that's better than for all products btw, by a significant margin).
They then pass those costs along to consumers, which, for them, means mostly insurance companies. They negotiate higher rates, and they do so at least in part by showing the insurance companies the increased expenses for essential items like the ones I listed (and that's just off the top of my head, there's a lot more than that).
Would you say that these cost are more or less than what is passed on to paying customers/patients vs the huge number of illegals that instead of going to a GP, go to the emergency room and then don't pay their bill. Do you think hospitals write those losses off or pass them on? This all increases the cost of insurance as well since hospitals don't write off theses losses.
quote:
How about this one? Construction supplies are also heavily imported. Which means the cost of maintaining buildings (and houses) goes up. Which affects rent/prices. Again, pretty much anything that needs a brick and mortar building to do business. Hospitals and clinics definitely fall into that category.
Considering interest rates are much higher than recent history, do you think that that new home builds would be higher or lower if we didn't have tens of millions illegals that are renting apartments and houses, driving american citizens out of those rentals and requiring thousands and thousands more homes to house everyone??
This post was edited on 8/5/26 at 2:23 pm
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