SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (533087)12/4/2009 6:39:28 PM
From: TimF  Read Replies (1) | Respond to of 1577188
 
I've been in that income group as well, and know a lot of people who are. While people certainly aren't the perfect textbook utility maximizers of oversimplified economic models, they do respond to incentives. Take most of the extra money they earn and at the margin they tend to make fewer efforts to earn more.

Edit - I see the actual specific point was that issues about insurance coverage affects people's decisions, not about the more general issue we've been discussing about incentives from marginal taxes and benefit levels. So your response fits a bit better and I'll more directly address it, without erasing my earlier comments

the only ones who use insurance as a major decision factor are those with, or have dependents with, something chronic

They are a significant group. If your agreeing that they do, then your agreeing the my point applies to many people.

Also I'd say they aren't the only group for whom insurance issues have some significance. For others such issues are usually not the biggest issue, but that doesn't mean they have no importance.