• The only significant green jobs you can hope for are for the installers.... because you cannot offshore that job. 

     

    The "producers" (including both the manuf., and the R&D) are quickly moving offshore (because it is cheaper there, there is more capital/talent, blah blah).

  • and a more serious long term jobs problem.

    With >20% of GDP devoted to health care, there is very little room for long term jobs growth.  It is hard to be competitive in the global economy with that kind of "tax" burden on any manufactring or service sector output; specially if that tax is on top of relatively high salaries (compared to the rest of the world)

    Thus, the only job creation that can happen is via outputs that cannot be outsourced easily ~ firefighters, nurses, school teachers etc., and wherein skilled professional cannot be imported.

  • comment on a post Frontpage blogger over 4 years ago

    louisprandtl

     

    I have always enjoyed his writings...

  • on a comment on Health Insurance Reform over 4 years ago

    I have truly enjoyed your posts...Given the breath of your knowledge, and the carefree skill with which you deploy  your wits, I am stunned by your personal situation that you hint at here.

     

    Perhaps you can write a semi personal post, to give your fans some more insight.

     

  • Another interesting tidbit I just learnt...

     

    Rep Mezvinski's son is an investment banker.  He also happens to be engaged to Chelsea Clinton.

     

    Karma.  or maybe it was meant to be that way !!

  • comment on a post Rep. Marjorie Margolies-Mezvinsky, D-PA week over 4 years ago

    for those too young to remember 1993. 

     

    Personally, I am a big fan of her...based on the 15 minutes of fame she had.  I never bothered to dig any deeper than that, preferring to think that there are at least some politicians who will do the right thing regardless of their personal consequences.

  • comment on a post Weekend Open Thread over 4 years ago

    you know who else has a weekly radio show, writes books, and gives frequent public speeches ?

    President Obama.

    Yeah, I know...it sounds ridiculous.  It is!!

  • on a comment on An Administration in Retreat over 4 years ago

    have a good day sir... i have no desire to engage with rubbish arguments!!

  • on a comment on An Administration in Retreat over 4 years ago

    Only you... 

    (a) can call an annual increase of 6% a reduction.  I hope you are smart enough to see through the shill you are peddling.  But, just in case you are not, I will spell it out for you.  The mortgage equivalent would be if my mortgage rates increase from the 5% (current) to 5.3% next year, and 5.618% the year after that, and so on... and you would expect me to consider that a savings.

    (b) The current spending on health care is $13k/yr.  It will go up to 20k/yr, assuming the plan works out... most sane people would call that a net increase of 7k/yr.  You call that a savings of 2k/yr... hey, you are also entitled to believe in the tooth fairy.

     

  • on a comment on An Administration in Retreat over 4 years ago

    At least you have a link in this instance.... 

    Several comments

    (a) you are proudly citing an article that suggests that health care expenses would continue to rise by 6% a year, if the proposed reforms are passed and everything works out, from the current value of 0.16*GDP.  Not sure if you see the irony here.

    (b) this paper makes several questionable assumptions to arrive at the potential savings.  Number one being $1600/newly insured person.  Number two being the elimination of the mythical wastefraudandabuse that every politician promises to eliminate.

    (c) Given a choice between Cutler/Davis and the CBO/CMS, I will go by the CBO/CMS estimates.  And, as their chart #4 illustrates ~ their estimates are about $300B more optimistic than the CBO

    (d) Even under these optimistic assumptions, they are forecasting annual premiums of $20k/yr in 2019

     

    I am sorry...which part was I supposed to be impressed by ?

  • on a comment on An Administration in Retreat over 4 years ago

    Arguing minutae that are irrelevant.  My premise is that total health care spending will go up as a result of the proposed health care reform. 

     

    You say, No, the Sun will rise in the east (or some such irrelevant nonsense).

    At this point, even some of the strongest advocates of the plan are saying that total health care spending will go up by about 1% of GDP as a result of this plan. 

    Care to point to any analysis that says otherwise ? 

    I am not interested in your ramblings of copays and out of pocket expenses.

  • on a comment on An Administration in Retreat over 4 years ago

    You are wrong about this... as usual !

     

  • on a comment on An Administration in Retreat over 4 years ago

    You are wrong about this... as usual !

     

  • comment on a post Jerry Brown Makes It Official over 4 years ago

    thy name is a politician that pledges not to raise taxes !!

  • on a comment on An Administration in Retreat over 4 years ago

    I must have missed something.

     

    Right now, the total health care spending can be counted by adding up the revenuesin the private sector and the spending in the public sector

    av. insurance premium X number of insured

    +

    medicare/medicaid spending

     

    Emergency room visits made by the uninsured does not count.... because there is no revenue associated with it

     

    Future health care spending will also be given by

    av. insurance premium X number of insured

    +

    medicare/medicaid spending

     

    If the number of insured is going up, and the av. premium is not going down, and the public sector spending remains unchanged, then the total health spending must go up.... by a lot !!

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