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Thread: U.S. companies hoard record amount of cash

  1. #351
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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by ObamacareFail View Post
    If I were a Canadian, I would trade....however I would make they trade by emigrating to the US(Prior to Obamacare). I would not pay the healthcare taxes the Canadians are paying.
    But we pay less taxes than you as a rule.

    When the Obamacare debate was raging, here we were treated to some real statistics. In the end, Americans of the same wage paid about the same rate of taxes AND medical health premiums that would have crippled me and most those I knew.

    The fact remains, that yes, you do have the Cadillac of health care systems, and by far the most expensive. I have several times looked at moving to the US and had offers but in the end I would have been taking a pay cut to work in a larger market.
    "Small people talk about people, average people talk about events, great people talk about ideas" Eleanor Roosevelt

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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by ObamacareFail View Post
    You don't even understand the meaning of the Cool Hand Luke statement. Your problem is that you are more into rhetoric then reality. If you understood the concept of trickle down economics, you would easily work out that it has always been a part of any economy based on free enterprise.


    "What we have here....is a failure to communicate"
    "Small people talk about people, average people talk about events, great people talk about ideas" Eleanor Roosevelt

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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by Helix View Post
    last i checked, even the Democrats weren't seriously pushing for single payer. they had their chance, and they went with a for profit half measure that does almost nothing to force down costs and which leaves the stupid employer-specific health insurance model in place.
    Single payer was the democrats goal all along. They were just smart enough to work out that they would manage it in one bill. They originally included a clause in the ACA that would have put us on single payer if Obamacare collapsed. The clause did not survive into the final version that passed. They also knew it would be the death knell of the democrat party. I sympathize that you want single payer, however the majority of Americans want nothing to do with single payer.

  4. #354
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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by Hari Seldon View Post
    It was an attempt to lower the increase in medical insurance and costs which it has done to a degree. It was also an attempt to get more people covered rather than have emergency rooms overflowing and have them seek out more preventive care which is cheaper. The funding solution was to have a larger base hence the mandate. Quite reasonable really, just like car insurance. If you drive you need car insurance, if you need medical you get medical insurance but not just when you get sick. The employer provided system was getting quite a bit more expensive there was also no coverage for preexisting conditions and individual plans were cost prohibited for many. I prefer a single based payer like Canada but cons would object so he tried a quasi market based approach. What's your solution?
    LOL !!

    You're full of it.
    It was such a awesome idea it had to be sold using a long list of lies.

    And lower cost ? How by increasing deductibles and premiums ?

    Now we have to buy a product that was sold using deceptive advertising and there's nothing we can do about it.

    If a Insurance company prior to Obama'sCare tried the old Bait and Switch on me ( deceptive advertising ) at least I would be able to appeal to the Federal Trade Commission.

    But now the Federal Trade Commission is part of the same entity that pulled a bait and switch scam on every American consumer !!

    Democrats vilified the Insurance companies when they were pushing this monstrosity for ethics violations and taking advantage of their consumers and then Obama comes along and scams every one !

    You can't make **** like this up !! Only the Democrat party could do something so unethical on such a grand scale.

    And affordability has now been redefined as whatever makes Obama and the Democrats look good. How would a bunch of lying Democrats know whats affordable for every individual American ?

    They didn't ! Its like theyre a bunch of used car salesman..

  5. #355
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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by Fearandloathing View Post
    But we pay less taxes than you as a rule.

    When the Obamacare debate was raging, here we were treated to some real statistics. In the end, Americans of the same wage paid about the same rate of taxes AND medical health premiums that would have crippled me and most those I knew.

    The fact remains, that yes, you do have the Cadillac of health care systems, and by far the most expensive. I have several times looked at moving to the US and had offers but in the end I would have been taking a pay cut to work in a larger market.
    Granted. However it has not always been prohibitively expensive. A combination of government tinkering with the healthcare system and ambulance chasing attorneys is what has made it so expensive in the last couple of decades. Doctors and hospitals have to load up on malpractice insurance just to fend off the frivolous malpractice lawsuits. Most other nations have much tighter control on such lawsuits. Same with the pharmaceutical companies. They invest billions in coming up with new drugs, many of which are lifesaving. However they have to set aside billions to fend off the ambulance chasing lawyers if 1 out of a million patients has negative side effects.

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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by Fearandloathing View Post
    "What we have here....is a failure to communicate"
    Dang.......I wish I had used that.

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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by Dragonfly View Post
    Companies have $1.4 trillion in cash. Will they spend it? - Mar. 20, 2015





    I have a few thoughts on what they could do with it.
    Remember, corporations are just evil capitalist regimes that only want to make money at any cost. At current interest rates, corps can't make any money on cash in reserves. So why are they hoarding?
    The Gruber-crat is strong in this one!

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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by CanadaJohn View Post
    No, it's not covered by the healthcare system. If the service is offered under the Canadian program, the government will not fund it if you jump the line and seek the procedure in the US. They will fund it if they deem that they cannot offer the procedure or a similar one here but first you have to go through a bureaucratic nightmare to get that prior approval. We've had lots of cases, even young children going blind, whose parents have had to pay for the US care themselves. We have some people who have been denied and went to the US anyway to save their lives and then come back to Canada and sued to be reimbursed.

    But hey, the grass is always greener on the other side.
    so this is false? :

    Debunking Canadian health care myths - The Denver Post

    i'll still trade you health care systems.

    cost-of-long-life.jpg

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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by ObamacareFail View Post
    If I were a Canadian, I would trade....however I would make they trade by emigrating to the US(Prior to Obamacare). I would not pay the healthcare taxes the Canadians are paying.

    nah, you wouldn't trade. and neither would CJ. he won't even pretend that he would trade on an anonymous message board. you should ask yourself why that is the case.

    and if he responds to this and says that he would trade, we'll start talking to DP posters from Europe. and then i'll tell them about some of the ridiculously high out of pocket costs that we pay for stuff that they are mostly covered for.

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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by Helix View Post
    nah, you wouldn't trade. and neither would CJ. he won't even pretend that he would trade on an anonymous message board. you should ask yourself why that is the case.
    .
    It depends. If I were stuck in Canada and was forced to pay into the system, I would not turn down the medical care I paid for. If I were a Canadian citizen with a good opportunity to emigrate to the US? I would trade in a heartbeat.


    and if he responds to this and says that he would trade, we'll start talking to DP posters from Europe. and then i'll tell them about some of the ridiculously high out of pocket costs that we pay for stuff that they are mostly covered for.
    So basically your problem is with the high out of pocket costs. As John pointed out, Canadians are getting stuck with many of those high out of pocket costs as well for treatment not covered under the single payer system. And what allegedly works in Europe will not necessarily work here. IN the UK for instance, the single payer system is not anything close to solvent. And the entire UK is about the size of the US gulf coast. Do you really think that the same US government that runs Medicare and the VA Healthcare system so poorly can somehow get it right with single payer?

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