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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: THE WATSONYOUTH who wrote (732384)	8/13/2013 1:07:21 AM
From: FJB	1 Recommendation Recommended By joseffy Respond to of 1578192

RE:what is the mechanism for it to collapse? It is a significant drain on the budget from day one. If they start saying we will have to cut Social Security and Medicare(which they already did) further to fund Obammycare, that is it, it's over...

To: THE WATSONYOUTH who wrote (732384)	8/13/2013 1:09:59 AM
From: i-node	Read Replies (2) \| Respond to of 1578192

>> what is the mechanism for it to collapse? Name one federal program that "collapsed". It is a good point, but this could be different. I think there are two things that will bring it down. a) The exchanges are going to be inadequately financed, because major insurance companies are running away from them -- and with good reason: There is no money it it for them. Young people are NOT going to enroll in these programs and that's where they're planning to get the money from. This is going to result in substantial demands for cash from the states to keep these programs afloat; b) The quality of health care will quickly deteriorate. IMO, this is already happening, but it is going to become apparent over the course of the next couple of years. As these things happen, the pressure will be immense to undo this mess, I think. As you previously pointed out, I may be overly optimistic. But programs like Medicare, Medicaid, SS, and others -- these things very gradually came into existence such that it really couldn't be pinned on one particular administration. This screwup is going to be apparent and the dems are not going to be able to run from it. As I was saying the other day, this is a turkey and it is going to quickly become apparent. Anyway, I think. If you can flood unlimited amounts of money into it I agree they can keep it afloat for a long time, though. I'm not sure it will be that easy to raise the money. What are we going to do? Have a TARP program for state health care crises?