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

  1. #431
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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by ObamacareFail View Post
    Where do you get such faith that the government will keep patching a broken system into perpetuity? At some point the whole house of cards will fall.
    Because the doc fix has been passed every year for the last 12 years.

    If you know the house of cards will fail because it costs too much, why are you so concerned about the ACA and congressional efforts to move medicare to outcome based reimbursement, which will save a lot of money, even Boehner calls it the first entitlement reform in decades? Why are you opposed to this effort to cut costs, when it is conservative pablum that we need to reign in govt. spending. Your position does not make sense. Your position is very liberal.

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

    Quote Originally Posted by finebead View Post
    We know you have no plan. We can see you do not care about anyone but yourself. That is not governing, that is failure.
    I'm not sure anyone ought to be concerned that a Canadian is upset the American health care system is getting better and more efficient. Let him have his fun--talking about page counts is obviously more interesting than discussing the ongoing revolution in care delivery in America's hospitals!

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

    Quote Originally Posted by Fearandloathing View Post
    If you sit back and think about it...every step of the way Obamacare has had to face "adjustment", from the great web site fiasco - how's that $1 billion soft ware working out?, to the 22 single handed "amendments", or what I call "holy ****! we have to fix that!" changes, to the fact 20 plus million people did lose their plan.

    And as we deal with these after the fact "holy ****s", absent the debate is the fact that in 2020, the US will still have 50 million people uninsured according to the CBO...more than the populations of Canada, Alaska, Washington and Idaho, and the highest premiums in the universe. Cadillac pricing for a KIA
    Greetings, F&L.

    Apt analogy on the Cadillac/KIA, and an excellent recap of facts in general!

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

    Quote Originally Posted by finebead View Post
    Because the doc fix has been passed every year for the last 12 years.

    If you know the house of cards will fail because it costs too much, why are you so concerned about the ACA and congressional efforts to move medicare to outcome based reimbursement, which will save a lot of money, even Boehner calls it the first entitlement reform in decades? Why are you opposed to this effort to cut costs, when it is conservative pablum that we need to reign in govt. spending. Your position does not make sense. Your position is very liberal.
    ROFL. Not going to touch that one.

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

    Quote Originally Posted by Helix View Post
    Interesting article, doesn't really dispute what I said. First most people do not tend to know what the reported inflation rate is. When they go to the store or pay a doctor bill, local taxes or have to sign the next year's lease, like most people they would be surprised to hear that reported inflation is under 2%.

    Next, again we are talking averages, and in this article the average of people in the lower quartile. So the 50 year old factory worker that was displaced by outsourcing and now is a security guard or a WalMart greeter, yes they have been killed wage wise. If you are a government worker or a professional with a skill, different scenario.

    Also as the article points out, it is only talking about salary. Most large companies pay things like insurance which has accelerated by something like 3X the stated inflation rate for decades. This is a real cost that people like to push aside because it hurts their argument.

    After all is said and done a very complicated issue. That is why I have not heard anything from either side that addresses a real concern.

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

    Quote Originally Posted by washunut View Post
    Interesting article, doesn't really dispute what I said. First most people do not tend to know what the reported inflation rate is. When they go to the store or pay a doctor bill, local taxes or have to sign the next year's lease, like most people they would be surprised to hear that reported inflation is under 2%.

    Next, again we are talking averages, and in this article the average of people in the lower quartile. So the 50 year old factory worker that was displaced by outsourcing and now is a security guard or a WalMart greeter, yes they have been killed wage wise. If you are a government worker or a professional with a skill, different scenario.

    Also as the article points out, it is only talking about salary. Most large companies pay things like insurance which has accelerated by something like 3X the stated inflation rate for decades. This is a real cost that people like to push aside because it hurts their argument.

    After all is said and done a very complicated issue. That is why I have not heard anything from either side that addresses a real concern.
    glad that you brought up health care. i'm for decoupling it from employment entirely, and handling it like other first world countries.

    as for wages, you can shift the goalposts all you like, but most of us are still not seeing much in the way of wages. health care costs might be going up, but a lot of that is being passed on to the worker. there are a lot of reasons for wage stagnation including globalization, technology, the gutting of unions, and the fact that we're in the first steps of a post labor economy.

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

    Quote Originally Posted by ObamacareFail View Post
    Yep....when the employer mandate is fully implemented, the excrement will hit the oscillating blades very dramatically.



    At that point....I would normally say the democrats will be toast...however they have already lost control of the house, the senate, state legislatures and governorship quite dramatically.
    Once again, the employer mandate is a tiny piece that will have little effect. This has been outlined to you in excruciating detail multiple times.

    Yet you don't get it. I think we can all be confident that when someone is as wrong as you have been about this issue for so long, your Chicken Little routine is short on substance.
    Many Trump supporters have lots of problems, and those deplorables are bringing those problems to us. They’re racists. They’re misogynists. They’re islamophobic. They're xenophobes and homophobes. And some, I assume, are good people.

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

    Quote Originally Posted by Helix View Post
    glad that you brought up health care. i'm for decoupling it from employment entirely, and handling it like other first world countries.

    as for wages, you can shift the goalposts all you like, but most of us are still not seeing much in the way of wages. health care costs might be going up, but a lot of that is being passed on to the worker. there are a lot of reasons for wage stagnation including globalization, technology, the gutting of unions, and the fact that we're in the first steps of a post labor economy.
    I to am for delinking employment from HC, which is for me a key reason why ACA was worse than a failure.

    Not sure where you see me shifting the goalposts, please point that out.

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

    Quote Originally Posted by washunut View Post
    I to am for delinking employment from HC, which is for me a key reason why ACA was worse than a failure.

    Not sure where you see me shifting the goalposts, please point that out.
    you tried to argue that wages didn't stagnate when you take health insurance into account while ignoring the fact that a lot of those costs were passed on to employees in the form of vastly higher premiums and co pays. the reality is that wages did stagnate, and that if we had a sane, first world health care distribution system, businesses shouldering the burden of being the primary health care provider for employees wouldn't even be a thing.

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

    Quote Originally Posted by Helix View Post
    you tried to argue that wages didn't stagnate when you take health insurance into account while ignoring the fact that a lot of those costs were passed on to employees in the form of vastly higher premiums and co pays. the reality is that wages did stagnate, and that if we had a sane, first world health care distribution system, businesses shouldering the burden of being the primary health care provider for employees wouldn't even be a thing.
    No I mentioned several factors you cling to one, falsely. While it is true that co-pays and the percent that employees pay for their insurance has gone up, it does not nearly cover the increases that companies have to pay. Also as you will learn that insurance costs are largely fixed. That is regardless of salary the cost to insure is the same. Thus the cost of insuring a low wage person as a % of their income is much higher than a VP.

    Fixing HC delivery system would help, but not enough.

    It is good that people are passionate about these types of issues. Just wish they actually understood the nuances versus the one line campaign slogans. Would make debating on sires like this much more fun.

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