The Trump Presidency | Biden Inaugurated

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BMW is the car maker who exports more cars from US
I live 15 minutes from the US BMW manufacturing plant. They've done great things for the economy of the upstate of SC.

That said, they are a German company and in no way should be bullied by the US gov't to build in the US.
 
I live 15 minutes from the US BMW manufacturing plant. They've done great things for the economy of the upstate of SC.

That said, they are a German company and in no way should be bullied by the US gov't to build in the US.

Its all very familiar to me really. In Brazil the highest level of government is also routinely concerned with the details of motor vehicle production. As a result the car makers and politicians are really cozy, and the makers enjoy some of their highest margins on the globe down there. Welcome to developing country economics!

Next week, we allow some of the largest companies in the country to merge, actually finance the deal with subsidized debt, and justify it all by saying that you're making "national champions" to be stronger competitors on the international stage. Domestic price increases? Who said that? Arrest that man!
 
The two aren't mutually exclusive.
No of course not, but I think the vast majority of times it makes sense to cooperate as opposed to get one over the others.
I realise the republicans have done anything but that during Obama's two terms.
 
@barros

Obamacare or The Republican Health Care plan was a decent start. The problem was the lack of a public option. Obama and the Dems could have put that in. There was no will. So they should not complain now that the Republicans have decided to repeal it.

That public option would have kept the Health Insurance companies honest.
 
I think that if we were going to go with a system in which we forced people to purchase health insurance plans from companies, we should have followed a German model and forced insurance companies to operate as non-profits... But then again, the lobbyists would eliminate the political will to undertake such a decision in same way they killed plans for a single payer system.
 
That's true but Obamacare is a disaster, soon or later the people who always had insurance can't pay for insurance anymore
kff1.png


It is very difficult to get good data on this but premiums were on the rise since 1999. Employee contributions were on the way up pre-ACA. Deductibles were going up before ACA. That's why this was so important. Something like 60% of personal bankruptcies were healthcare related pre-ACA because plans were useless. It was like buying car insurance that gave you Ford Escort when you crashed your Ferrari. Blaming all this on the ACA is inaccurate.

edit: slightly different data type but the same data source and through 2015 to add more ACA to the timeline

jama_2015dec_trends-in-insurance-premiums_slab.png
 
Donald Trump's son-in-law is expected to be named as senior adviser to the President in the new US administration.
His appointment could also be challenged by an anti-nepotism law that bans presidents from hiring family members.


Like this is any sort of shock.
 
I think that if we were going to go with a system in which we forced people to purchase health insurance plans from companies, we should have followed a German model and forced insurance companies to operate as non-profits... But then again, the lobbyists would eliminate the political will to undertake such a decision in same way they killed plans for a single payer system.
I wonder if a non-profit system could overwhelm and squeeze out for-profit companies? Let the market do it?
 
That's true but Obamacare is a disaster, soon or later the people who always had insurance can't pay for insurance anymore

But it's the job of the opposition (which the Republicans were) to offer something in its place. They didn't. All they ever did was complain about it, I'd imagine in large part because of their distaste for Obama.
 
I wonder if a non-profit system could overwhelm and squeeze out for-profit companies? Let the market do it?

I'm always open to admit that items such as healthcare, education, defense and a few others are strategic enough that if the profit motive can be removed and yet you achieve a system that's broadly more effective - as seems to be possible per existing systems in other countries - its worthwhile. On the other hand I'm always skeptical of the simple 'first derivative' arguments, that observe that if a profit margin exists in an industry, then that by removing it the consumers would have cheaper services or products. Because that simple argument applies literally anywhere in the economy, with the exception of actually unprofitable industries.
 
Donald Trump's son-in-law is expected to be named as senior adviser to the President in the new US administration.
His appointment could also be challenged by an anti-nepotism law that bans presidents from hiring family members.


Like this is any sort of shock.

Over-rated nepotism laws, one of the most over-rated laws in the world, trying to tell me what to do... Just a Hillary flunky wants revenge. LOSER!
 
Donald Trump's son-in-law is expected to be named as senior adviser to the President in the new US administration.
His appointment could also be challenged by an anti-nepotism law that bans presidents from hiring family members.


Like this is any sort of shock.
He just won't take a wage... then he is not technically hired... he is doing it for free because he just cares that much about making billions of corrupt dollars making murica great again
 
I wonder if a non-profit system could overwhelm and squeeze out for-profit companies? Let the market do it?

The point is Health Insurance industry is the only industry that adds zero value.
In fact its legalized Rape.

Single payer is the obvious solution. But if we are going to keep it private, the public option was a minimum to keep Health Insurance companies honest.
The preference would be a non-profit model similar to Germany.Switzerland.
 
The point is Health Insurance industry is the only industry that adds zero value.
In fact its legalized Rape.

Single payer is the obvious solution. But if we are going to keep it private, the public option was a minimum to keep Health Insurance companies honest.
The preference would be a non-profit model similar to Germany.Switzerland.

:confused: I think I'm gonna need counselling, 'cause RD just told me I'm getting raped. Now that I think of it... all those paycheck deductions... the occasional claim forms... :(
 
I'm always open to admit that items such as healthcare, education, defense and a few others are strategic enough that if the profit motive can be removed and yet you achieve a system that's broadly more effective - as seems to be possible per existing systems in other countries - its worthwhile. On the other hand I'm always skeptical of the simple 'first derivative' arguments, that observe that if a profit margin exists in an industry, then that by removing it the consumers would have cheaper services or products. Because that simple argument applies literally anywhere in the economy, with the exception of actually unprofitable industries.
True. I believe the German model combines a non-profit insurance structure with collective negotiation of medical service rates, which keeps prices down. I think that combination, or a combination of non-profit and government negotiation of rates, or a single payer with government negotiation would lead to effective solutions for the US.
 
kff1.png


It is very difficult to get good data on this but premiums were on the rise since 1999. Employee contributions were on the way up pre-ACA. Deductibles were going up before ACA. That's why this was so important. Something like 60% of personal bankruptcies were healthcare related pre-ACA because plans were useless. It was like buying car insurance that gave you Ford Escort when you crashed your Ferrari. Blaming all this on the ACA is inaccurate.

edit: slightly different data type but the same data source and through 2015 to add more ACA to the timeline

jama_2015dec_trends-in-insurance-premiums_slab.png
But the problem are the premiums they went up 221% on your second graphic and coverage was poor, right now I'm paying 10% of my gross salary for insurance which is worse than previously was
 
True. I believe the German model combines a non-profit insurance structure with collective negotiation of medical service rates, which keeps prices down. I think that combination, or a combination of non-profit and government negotiation of rates, or a single payer with government negotiation would lead to effective solutions for the US.
That would be nice but that would be the death of the insurance companies and you know the stockholders would not let that happen.
 
The Swiss have a solid system too.
Agree non-profits are the way to go. Better than single payer because it does not establish another bureaucracy .
But nevertheless one where you have to pay a lot of attenttion to details in the contract to be sure you have everything covered you want to have covered and you can end up paying many extra insurances.
 
Donald Trump's son-in-law is expected to be named as senior adviser to the President in the new US administration.
His appointment could also be challenged by an anti-nepotism law that bans presidents from hiring family members.


Like this is any sort of shock.
Trump swamp replaces Washington swamp.
 
Might as well bump up the NYT article Raoul posted the other day again, for the people who want more insight into son-in-law Jared Kushner, who will be one of the most influental people in the world in a couple of days.




http://www.nytimes.com/2017/01/07/u...trump-business.html?smid=tw-nytimes&smtyp=cur




First clear shades of all the potential conflicts of interest of the new president of the United States of America. It's really happening folks.

Aside from the eye catching 666 Fifth Avenue, and Kushner drinking 2100 dollar bottles of Lafite Rotschild with shady Chinese investors to celebrate their new deals, it paints a very grim picture of the people and parties influencing, advising and surrounding Trump.

It's a brilliant piece of journalism, has to be said after the well deserved criticism for the poll/prediction shambles the NYT got themselves into. I read it three times, frantically googling all names and parties mentioned, also because the media over here are not properly covering this.

Unprecedented might not even be the right word for this situation, it's madness. Making America great again, but literally only for themselves. While the rest of the world bleeds.
It's exactly what was to be expected. Nobody with a sane mind thought that Trump would not care first about anybody else than himself and his businesses.

Madness is how Republicans are silent about it. A new level of hypocrisy even for them.
 
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