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Re: Gibbs Can't Name Countries Where Government Health Care Works Better

Posted by AlM on Tue Jun 23 08:27:04 2009, in response to Re: Gibbs Can't Name Countries Where Government Health Care Works Better, posted by SMAZ on Tue Jun 23 00:43:26 2009.

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I don't even know why the Dems are talking about possible tax hikes to pay for it. They would be mostly unnecessary. It would be real trickle-up economics.

You're sounding like a Republican. Nothing in economics works that way. Cut taxes by $1 and the added economic activity doesn't increase taxes by $1, no matter what some people here would say. It only adds a moderate fraction of $1.

Cut business and personal expenses for medical care by $1, and again, tax revenues don't increase by more than a moderate fraction of $1.

Anything else, as I believe George Bush put it so well, is voodoo economics.



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