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 : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: Alex MG who wrote (4047)	12/31/2016 1:18:06 PM
From: TimF	1 Recommendation Recommended By i-node Read Replies (1) \| Respond to of 356959

Whether or not Paul Ryan is a liar (he's a politician so he's likely to not be the most honest person in history, but I see little reason to think that he's dishonest for a politician), he's largely right here. The extension of Medicare solvency in direct terms from Obamacare is dubious, meanwhile considering the whole fiscal situation, Obamacare makes its worse, and thus makes Medicare less affordable in the long run. taxes were used to offset Obamacare subsidies 1 - They aren't enough to offset Obamacare's costs. 2 - Even if they had been enough the combination would still make the fiscal situation worse. There is a limit in how much taxes the government can pull out of the economy. If Obamacare spending was less so that the taxes could offset it 100%, it would still have used up some of the potential tax revenue for new spending, rather then covering the major long term fiscal problems the federal government faces. 3 - That's all before considering how the extra costs on the private sector reduce growth over time and thus in the long run have an indirect effect of reducing government revenue.