05-27-2015, 01:13 PM
Quote:Why, you aren't going to change your mind based on what I say...Seems to me like one man's research ought not be taken as the be all end all of reasons on a given topic. Right?
Quote:Why, you aren't going to change your mind based on what I say...Seems to me like one man's research ought not be taken as the be all end all of reasons on a given topic. Right?
Quote:Seems to me like one man's research ought not be taken as the be all end all of reasons on a given topic. Right?
Quote:As long as that man is me I don't see what the problem is...and he's so humble ladies :teehee:
Quote:With your model, food stamps would have created a market where milk, bread, and cheese would also sky rocket in price... thank goodness we stopped subsidizing food, otherwise we'd be paying $1,000 a gallon for milk. Lol, are you paying that much for milk?
Quote:Medical insurance can only be used to treat illness, you can't swap out a colonoscopy for an appendectomy when the price of one increases more than the other. Food stamps can be used on lots of things, and a person will spend them to get the most bang for the buck. Still, most foods are more expensive than they were in 2008. Have you noticed the increase in the price of beef since food stamp handouts nearly doubled?I read that as beer and panicked.
Quote:I read that as beer and panicked.
Quote:Medical insurance can only be used to treat illness, you can't swap out a colonoscopy for an appendectomy when the price of one increases more than the other. Food stamps can be used on lots of things, and a person will spend them to get the most bang for the buck. Still, most foods are more expensive than they were in 2008. Have you noticed the increase in the price of beef since food stamp handouts nearly doubled?
Quote:and he's so humble ladies :teehee:
Quote:Beer is up about $1.00 a sixer this year.6ers of Rolling Rock tall boys stay at 5.99 here, the hipster would revolt otherwise.
Quote:Medical insurance can only be used to treat illness, you can't swap out a colonoscopy for an appendectomy when the price of one increases more than the other. Food stamps can be used on lots of things, and a person will spend them to get the most bang for the buck. Still, most foods are more expensive than they were in 2008. Have you noticed the increase in the price of beef since food stamp handouts nearly doubled?It's called supply and demand. It's called fixed costs. It's called inflation over time. It's called economics.
Quote:It's called supply and demand. It's called fixed costs. It's called inflation over time. It's called economics.
My point remains valid, and is why you cannot pinpoint rising price of healthcare to LBJ and government subsidies.
Just like food stamps, Medicare covers an overall package. Therefore, we should be seeing an exponential rise in food costs if your faulty logic based on a spurious correlation was correct. It's not. Subsidies, ie Medicare, is not the cause for the exponential rise in healthcare costs. It's more complicated than that. There are many variables that cause this rise.
I know it would fit the world view of evil subsidies from the bad federal government to be the culprit. But unfortunately for some, it does not work that way.
Beef has gone up in price because of increased demand, increased costs to produce beef--including land costs, labor costs, transportation costs, feed costs, water costs, inflation, etc, with supply opportunities that while are still good, are not keeping up with the demand.
To be fair, you can say food stamps increase the demand, sure. But the system isn't breaking down the way your model would describe. And that is because your hypotheses that government subsidies creates an artificial price bubble is incorrect.
Quote:That's not the only reason that the price of beef is being driven up. How about the over-regulation and the taxing of cow [BAD WORD REMOVED]? Farmers and ranchers pay huge sums of money to the imperial federal government for reasons such as global warming climate change.
Quote:It's called supply and demand. It's called fixed costs. It's called inflation over time. It's called economics.
My point remains valid, and is why you cannot pinpoint rising price of healthcare to LBJ and government subsidies.
Just like food stamps, Medicare covers an overall package. Therefore, we should be seeing an exponential rise in food costs if your faulty logic based on a spurious correlation was correct. It's not. Subsidies, ie Medicare, is not the cause for the exponential rise in healthcare costs. It's more complicated than that. There are many variables that cause this rise.
I know it would fit the world view of evil subsidies from the bad federal government to be the culprit. But unfortunately for some, it does not work that way.
Beef has gone up in price because of increased demand, increased costs to produce beef--including land costs, labor costs, transportation costs, feed costs, water costs, inflation, etc, with supply opportunities that while are still good, are not keeping up with the demand.
To be fair, you can say food stamps increase the demand, sure. But the system isn't breaking down the way your model would describe. And that is because your hypotheses that government subsidies creates an artificial price bubble is incorrect.
Quote:Farm subsidies = higher pricesoil subsidies?
Energy subsidies = higher prices
Tuition subsidies = higher prices
Healthcare subsidies = higher prices
Government involvement in the free market = no free market
These are pretty basic and easily proven economic concepts, so simple that only very smart and highly educated leftists can't understand them.
Quote:It's called supply and demand. It's called fixed costs. It's called inflation over time. It's called economics.
My point remains valid, and is why you cannot pinpoint rising price of healthcare to LBJ and government subsidies.
Just like food stamps, Medicare covers an overall package. Therefore, we should be seeing an exponential rise in food costs if your faulty logic based on a spurious correlation was correct. It's not. Subsidies, ie Medicare, is not the cause for the exponential rise in healthcare costs. It's more complicated than that. There are many variables that cause this rise.
I know it would fit the world view of evil subsidies from the bad federal government to be the culprit. But unfortunately for some, it does not work that way.
Beef has gone up in price because of increased demand, increased costs to produce beef--including land costs, labor costs, transportation costs, feed costs, water costs, inflation, etc, with supply opportunities that while are still good, are not keeping up with the demand.
To be fair, you can say food stamps increase the demand, sure. But the system isn't breaking down the way your model would describe. And that is because your hypotheses that government subsidies creates an artificial price bubble is incorrect.
Quote:Farm subsidies = higher prices
Energy subsidies = higher prices
Tuition subsidies = higher prices
Healthcare subsidies = higher prices
Government involvement in the free market = no free market
These are pretty basic and easily proven economic concepts, so simple that only very smart and highly educated leftists can't understand them.
Quote:Supply and demand are what was being discussed. If you give people a pile of money to spend on something, the demand goes up.I'm enjoying this conversation. I can make a bridge stand up and keep a hospital from falling but economics is lost on me.
My point was that your food stamp analogy doesn't invalidate the claim that Medicare caused the price of medicine to skyrocket, because they are two different forms of subsidy. While food stamps may be a factor in the increased price of food, the requirement to choose between foods limits the effect. If Pepsi raises their prices some people will switch to Coke and use the savings to avoid not being able to afford Cheerios. Food stamps come in a limited amount each month. That's not the case with medical costs. You don't have to forego one procedure by paying the full price for another.
You may be right that Medicare wasn't to blame, or only partly to blame.
But food prices vs. food stamps is not a valid comparison. I personally agree with Eric that insurance is the biggest factor. Health insurance may have been available before 1965, but employer-sponsored health insurance became standard about that time. The government giving tax breaks to employers but not to individuals amplified the problem.
Quote:oil subsidies?
Quote:Don't buy the spin. Most of the 'subsidy' is from tax write offs for business expenses specific to the business. Most of the rest is to make heating oil affordable to poor people. Even including both as 'subsidies' it's insignificant perI am sure it would be lower as alternative sources are not nearly as efficient as oil.
unit of energy compared to the subsidies for wind, solar, and ethanol.
Quote:I am sure it would be lower as alternative sources are not nearly as efficient as oil.
That aside I don't think businesses should get tax deductions.