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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Kenneth E. Phillipps who wrote (177229)12/16/2014 9:57:22 AM
From: Follies2 Recommendations

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sm1th
TideGlider

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<<Do you seriously claim that taking more, money losing, Medicaid patients helps a hospital's finances?>> Yes, of course it does because otherwise, they are forced to treat those patients for nothing.

You're starting to sound like Milo Minderbinder buying eggs for 3 cents and selling them for 2 cents. How does he make a profit? He does it in volume.

Before Medicaid those patients would not have gone to the hospital at all. Now the hospitals are forced to serve more people at less than cost.

Let's say Walmart make $1 million profit on items sold but loses $200k on theft, shoplifting. The government says those poor shoplifters let's create a Shopaid program where we give millions of people $100 to spend at Walmart but Walmart must sell the items to Shopaid customers at 50% less than cost. Theft goes to $0 , no one has to steal any more, but the profit goes from $1m to $200k because now they have to sell items for less than their cost. Is that better for Walmart? That's your logic.
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