Economy

BigRedBuster said:
We didn't have a lower trough....we were doing better.
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Correct and my apologized for the incorrect phrasing.  Lower as lower improvement needed to get back to baseline. 
 

why did the US start out at a better trough starting point than our peers?  It’s a pretty important piece of the economic comeback story

 
Archy1221 said:
 Not at the same historical rate and then combined with deductible increase which is my entire point you keep avoiding.  I’ve never once tried to say healthcare costs would go down with or without ACA 
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Correct. ACA plan costs (maybe all plans?)  have had much lower year to year premium increases than we were seeing prior to the ACA. Is that what you’re trying to say?

I know deductibles keep rising. I’m not avoiding that part. I just figure it’s understood and a given.

 
1 month results fully attributable to Trump.

Dow -10%
S&P500 -12.3%
Ndaq -13.2%
 

And a sampling of some personal holdings

Apple -20.2%
Amazon -15%
Nvidia -19.7%
Wells Fargo -18%

Thanks fúckhead. Sitting on losses equal to about half of what I earned last year.

 
JJ Husker said:
Correct. ACA plan costs (maybe all plans?)  have had much lower year to year premium increases than we were seeing prior to the ACA. Is that what you’re trying to say?
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 Nope.   From 2013-2019 premiums went up 140%.  Deductibles increased 35%.  6years is a shade more than a 1 year extra increase 🤷‍♂️

 
Archy1221 said:
 Nope.   From 2013-2019 premiums went up 140%.  Deductibles increased 35%.  6years is a shade more than a 1 year extra increase 🤷‍♂️
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I have no idea what point you’re trying to make. Yes, the increases were more significant in the first quite a few years and they have slowed lately. Are you trying to say non-ACA plans have not also followed roughly the same path of increases? If THAT is the point, have you considered why a plan that has to take older, sicker people with preexisting conditions may be stressed more with rising healthcare costs than a plan that doesn’t? Or maybe you just think older, sicker people deserve to not have healthcare coverage at all? Losers and suckers, amiright.

 
Archy1221 said:
Correct and my apologized for the incorrect phrasing.  Lower as lower improvement needed to get back to baseline. 
 

why did the US start out at a better trough starting point than our peers?  It’s a pretty important piece of the economic comeback story
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Here's a good article.  I pasted the conclusion.


The US recovery from COVID-19 in international comparison


Conclusion


In broad terms, policymakers faced two options during the pandemic with respect to fiscal stimulus. One route was to invoke aggressive fiscal stimulus to avoid persistent economic scarring and sluggish growth but accept elevated inflation in the face of highly atypical supply chain pressures. The second option was to offer more muted fiscal support, and to allow for the emergence of output gaps and slow growth in consumption, which might help offset extra inflation. The U.S. chose the former, while most of the rest of the G10 opted for the latter. As a result, the U.S. has seen substantially more economic growth and more investment, but with slightly higher price levels in the initial years of the recovery.
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JJ Husker said:
Correct. ACA plan costs (maybe all plans?)  have had much lower year to year premium increases than we were seeing prior to the ACA. Is that what you’re trying to say?

I know deductibles keep rising. I’m not avoiding that part. I just figure it’s understood and a given.
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My healthcare increases are much smaller since the ACA was enacted than the increases I was seeing prior to that.

But...Republicans don't want to hear that.

 
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