Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Broken_Clock who wrote (891728)	10/5/2015 1:19:15 PM
From: TimF	Read Replies (1) \| Respond to of 1575426

Extensive intervention in the economy isn't far right in the US sense of the terms "right", "conservative" etc. The most accurate thing to call it is statist, which would cover both socialism and fascist economic policies. Having the government run the exchange is classical socialism in terms of the exchange itself. The subsidies are part of the welfare state model more associated to the left (but also supported by some on the right historically, esp. in Europe, which just goes to show how the left right model is very limited and often not very revealing or descriptive of what's actually happening. The requirement to buy from a private source is the closest you have to being on the right, but such requirements have not been a characteristic of the right in the US, instead really being something new in the American political tradition. The purchase requirement is the most unprecedented and controversial part of the law but the biggest parts of Obamacare are the heavy regulation of the details of coverage (which fits in perfectly with the progressive tradition), and the government subsidies and government imposed cross-subsidies (which are aspects of the welfare state).