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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (1976)9/2/2007 3:59:59 PM
From: Lane3  Read Replies (1) | Respond to of 42652
 
Nice....

That scenario may not be pretty but it it doesn't negate the use of bankruptcy by the poor to get out of medical bills, which was the question on the table.



To: Road Walker who wrote (1976)9/4/2007 10:51:15 AM
From: TimF  Respond to of 42652
 
They issue credit cars because they hope to make a profit. What's your point? Record profits? Are they making record profits in nominal dollars? Real dollars? Percent of the total economy (as the economy grows all sorts of groups can make record profits without being a bigger part of the economy). If its not the last then it doesn't mean much. "Record profits", esp. just in terms of nominal dollars in the context of inflation is a very normal thing that happens to all sorts of groups all the time. Even if it is the last I still don't see much of a point.

Yes if people run up debt they can be sued and if they lose they can have money taken out of their wages (normally only up to 10%, but if its debt to the IRS, they can just take whatever they want). There is nothing new about that. Bankruptcy is a bit harder (esp, for people of above average wealth), but that doesn't mean a lot in the context of the question of having poor people avoid medical bills by declaring bankruptcy.