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Message

re: Obamacare repeal will add 9 trillion to the debt

Posted on 1/14/17 at 8:45 am to
Posted by BamaAtl
South of North
Member since Dec 2009
22253 posts
Posted on 1/14/17 at 8:45 am to
quote:

Is this fake news?


It is not - pulled directly from the resolution that Republicans supported.
Posted by BamaAtl
South of North
Member since Dec 2009
22253 posts
Posted on 1/14/17 at 8:46 am to
quote:

Everyone after him has done the same for no reason.


Clinton didn't. Obama did because he was forced to by Bush's policies.

But I agree, HW Bush and Bush did for no reason, and Trump will for no reason.
Posted by BamaAtl
South of North
Member since Dec 2009
22253 posts
Posted on 1/14/17 at 8:47 am to
You left out: 20M people will lose health insurance, what insurance people can buy will not cover them in the event of a serious disease, and they will end up spending more on health care.
Posted by Mr. Katanga
Member since Jan 2013
1120 posts
Posted on 1/14/17 at 8:47 am to
This board is as stupid as they come. I don't expect any of them to care or understand the repercussion of repealing the ACA.
Posted by EZE Tiger Fan
Member since Jul 2004
55427 posts
Posted on 1/14/17 at 8:48 am to
quote:

but it doesn't have anything to do with the actual budget resolution that the GOP sold to you as an "Obamacare repeal."


Oh I don't support the current repeal either.

I'm legit asking: how should one go about meeting the demands of putting "something else in place" for a plan that was designed to be unsustainable after 6 years anyway?

What magic math should the fixer use to fix the magic math that the creator used?

I want this crap repealed, but the way it was written and implemented was designed for no easy fix AND no easy continuation (should it have gone that way). Anyone who read it before they passed it knew this.

Now those who passed, all by themselves, get to sit back and criticize those who now have to fix it. It is hilarious to watch. There was also a reason why the worst of it was to hit AFTER Obama left office.
Posted by Jake88
Member since Apr 2005
78143 posts
Posted on 1/14/17 at 8:49 am to
Are you too stupid to realize that that is the debt in 2026 with all elements of the budget considered? Are you too stupid to realize that that is 9 trillion over 10 years, while Obama added 10 trillion over eight? That's a less than 50% increase compared to Obama's 100% increase.
Posted by DisplacedBuckeye
Member since Dec 2013
76732 posts
Posted on 1/14/17 at 8:50 am to
quote:

Bush fricking up Clinton's surplus




This is still wrong.
Posted by BamaAtl
South of North
Member since Dec 2009
22253 posts
Posted on 1/14/17 at 8:52 am to
quote:

a plan that was designed to be unsustainable after 6 years anyway?


Which plan is this? Because that's not how the ACA was designed.
Posted by DisplacedBuckeye
Member since Dec 2013
76732 posts
Posted on 1/14/17 at 8:53 am to
quote:

Because that's not how the ACA was designed.



Well, maybe not intentionally...
Posted by Jake88
Member since Apr 2005
78143 posts
Posted on 1/14/17 at 8:53 am to
quote:

This board is as stupid as they come


Not so stupid that we are always on the lookout for handouts like your sorry arse.
This post was edited on 1/14/17 at 8:54 am
Posted by BamaAtl
South of North
Member since Dec 2009
22253 posts
Posted on 1/14/17 at 8:53 am to
quote:

This is still wrong.




It's almost like you're intentionally lying.
Posted by EZE Tiger Fan
Member since Jul 2004
55427 posts
Posted on 1/14/17 at 8:56 am to
quote:

Which plan is this? Because that's not how the ACA was designed.


Oh is this the "what you read wasn't real" defense?

Well this troll thread was fun. I'm going to say 9 pages.
Posted by Turbeauxdog
Member since Aug 2004
24128 posts
Posted on 1/14/17 at 8:57 am to
Clinton never had a surplus
Posted by BamaAtl
South of North
Member since Dec 2009
22253 posts
Posted on 1/14/17 at 8:58 am to
quote:

Oh is this the "what you read wasn't real" defense?


If that's reality, sure. The ACA was not designed to fail in 6 years, and is performing very well. That doesn't mean it's perfect or couldn't be tweaked, but it's not the imploding mess lies have led you to believe.
Posted by Jake88
Member since Apr 2005
78143 posts
Posted on 1/14/17 at 8:59 am to
Yeah, that had nothing to do with Gingrich and the republicans forcing that clown into welfare reform and budget restraint and the internet boom that Clinton had absolutely nothing to do with.
Posted by DisplacedBuckeye
Member since Dec 2013
76732 posts
Posted on 1/14/17 at 9:00 am to
The national debt rose every single year under Clinton.

Every. Single. Year.

Clinton had no surplus. You buying into that bullshite because you don't understand math is your problem.
Posted by DisplacedBuckeye
Member since Dec 2013
76732 posts
Posted on 1/14/17 at 9:02 am to
quote:

Clinton never had a surplus


Correct. BamaAtl understands money about as well as my wife.
Posted by germandawg
Member since Sep 2012
14135 posts
Posted on 1/14/17 at 9:02 am to
quote:

That less than half the rate that Obama added to the national debt.




January 2008 - Debt at $10.6 Trillion
Debt today - $20 Trillion
Difference $9.4 Trillion

Some of that $9.4 Trillion was done on Bush's watch as some of the debt on Trump's watch will be done on Obama's


But....$9 Trillion is not double $9.4 Trillion....


Is it too much? Who knows...what it categorically is not is conservatism and thank god for that....the conservative movement died the day Mitt Romney lost the 2012 election...and good riddance to bad rubbish....

The GDP for 2016 was about $19 Trillion. The debt was $19.4 Trillion. That would be akin to someone with an income of $100 K holding a mortgage of $102,000. Unless that person has some serious credit issues in the past there ain't a bank in the world who would rush to make that mortgage. Average income in the US is close to $60K and the average mortgage is $220K. For the nation as a whole to be in the same level of debt as the average home owner we would have a national debt of close to $80 trillion.


For those of you who are still conservatives here is the dirty little secret....the GOP only talked about the debt as being a bad thing because they could blame it all on democrats....that is not the case now my friend. Every red penny added to the debt is going to laid squarely at the feet of the GOP....and they, like the democrats, know that this country has no more business operating on a pay as you go basis than the average home owner does because it would cripple cash flow and destroy the economy.

When you compare the networth of the nation compared to that of individuals...even individuals who we all would agree are incredibly financially succesful...the United States as a whole makes them look like paupers.


This is one of the things about government that Donald Trump understands better than more than 99.9% of even very successful individuals....even more so than his peers, by all accounts....and that is finance and leverage and using debt as an asset and not a liability.

This is a huge reason why so many people in this country are employees and not employers....the thought of all that debt and all that risk intimidates them. It doesn't bother people with a risk takers mind-set like Donald Trump...and the enjoy the benefits of being more risk tolerant than their neighbors.

For the last 36 years y'all have been sold a bill of goods aimed at tapping into your wage slave mentality where debt is risk and risk is bad. In reality debt is opportunity and opportunity is the stuff that dreams are made of....opportunity is the thing that drives people from their relatively safe lives in third world shite holes to get to the United States or the UK or Europe and roll the dice and see what their point is....

Properly managed debt is the only way to get ahead and build wealth. Of course use it to buy TV's and the like and you will soon find yourself really bankrupt and not the creditor slapping kind of bankruptcy our president elect has filed a couple of 3 or so times....
Posted by BamaAtl
South of North
Member since Dec 2009
22253 posts
Posted on 1/14/17 at 9:03 am to
quote:

DisplacedBuckeye


Why does fiscal policy not matter anymore? Why are you okay with adding $9 Trillion worth of debt, just to repeal ACA?

Are you that hard up for >20M people to lose their insurance?
Posted by DisplacedBuckeye
Member since Dec 2013
76732 posts
Posted on 1/14/17 at 9:05 am to
quote:


Why does fiscal policy not matter anymore? Why are you okay with adding $9 Trillion worth of debt, just to repeal ACA?


Link to where I've said any of that.

Hint: I haven't, I just won't let you lie about Clinton.

quote:

Are you that hard up for >20M people to lose their insurance?


I'd prefer they didn't, but I'm not willing to continue paying for it to make that happen.
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