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Title: A Conservative Plan to Fix the Economy (Exposing GO65's Big Lie)
Source:
Me
URL Source: http://Me
Published: Sep 30, 2010
Author: Me
Post Date: 2010-09-30 17:56:13 by Nebuchadnezzar
Keywords: None
Views: 6670
Comments: 37
GO65, as you all know, is a liar. His tag-line is "Where is the conservative plan for growth (or the economy)?" I've posted this before and he ignores it. So I decided to post it for all to see that GO65 is, like all Liberals, a liar. This agenda is from Karl Mellinger. It's conservative to the core and unlike the "Spend, spend, spend" morons who infect DC, it would fix most of our economic problems. Here is THE CONSERVATIVE AGENDA: Ok, let's look at an actual path forward. Do this, we win. Don't do this, you need to come up with a path that does as much as this one will. Shut down the Chinese abuse engine. Right now. Either they revalue up 20% today, and to 40% within two years, or we hit them with tariffs representing the full wage and environmental differential in their products. I know they say they can't, and that it will cause "problems." But the problems are of their own making - slave labor wasn't our policy, it was theirs. They could have enacted labor and environmental reforms over the last 10 years, and kept making promises they broke. We, for our part, didn't enforce the mandates. Ok, we start. Right now. Oh, and incidentally, this is not just China. The same thing applies to Mexico, Vietnam, India and everywhere else. This will get rid of the $3 T-shirt and $30 DVD player. I recognize this. That's ok, because..... We're going to build nuclear power plants. On each and every military facility. We will pre-empt state and local challenges and lawsuits, and just do it. Those who don't like it, too damn bad. The Navy will run them at a supervisory level and civilians will build them. We will build a mix of Pebble Bed, Fast Breeder and Thorium Salt reactors. The first two will be built in a fuel-cycle neutral mix. The latter will get its fuel from coal ash. This is a sustainable, green, and permanent energy solution. If the Government is going to spend money, this is what we will spend it on. Those who are on welfare may either take one of the jobs at the above plants or lose their benefits. Exceptions are available only for documented full disability. Fraud in that claim will lead to 20 years in the slammer. No exceptions. If you're able, you work or you starve. End of discussion; no more freeloading. We repeal the 16h Amendment and all other income and payroll taxes. The Fair Tax is implemented immediately. January 1st 2011 - cold start. This will result in an instantaneous flood of capital and businesses coming to the US. The electrical plants above will produce the power they will need. It will also instantaneously restart Capital Formation which is NECESSARY for us to get entrepreneurship and innovation going again - right here, in this country. We either repeal Obama's Health Law and implement my plan OR we set a percentage of GDP we will spend on health care at the Federal Level and implement the Canadian system. Choose one. Have the debate in public, pick one, make it happen by 12/31/2011. The ability of companies to bill out $5,000 for an MRI to "uninsured" people while the insurance company pays $150 is an obscene rip-off and must end. Further, the idea that you can show up with no money and no insurance and force someone else to pay, instead of having that responsibility attach to you as a valid debt to the government is also obscene. This is rank profiteering on people's DEATH and must end - right now. No more illegal immigrants. Period. This is non-negotiable. Come here legally or you will be held to account for a criminal offense, serve your time, and then be deported. End birthright citizenship when your mother comes here unlawfully. For those who are here now, they can stay - as adopted kids. If that's unacceptable they can leave with their parents. We have too many people for the number of jobs at present, and those who are not here legally must lose first. I am all for LEGAL immigration - and once we settle out our growth plans, if we need more workers then let's start letting people in, starting with those who lawfully stood in line. ALL of the frauds in the financial system are prosecuted. Every one. We will make space for these crooks in the prisons by legalizing marijuana and treating it like alcohol, except that we will sell it at Pharmacies where the people doing the vending have a lot to lose (their six-figure annual income!) if they sell to minors. It is time to end our failed prohibition experiment and besides, we need the prison space for all the banksters. They're a HELL of a lot more dangerous to our society than some dude smoking a joint. Clarify and extend The Federal Reserve Act to require that actual price inflation, measured by a basket of items representative to the spending in the actual economy (goods and services) deflates at 1/2% per year. Yes, deflates. Technology improves. The natural progress of a society is toward better efficiency and lower costs. Therefore, this should result in small deflation over time. I recognize that this will make lending for speculation or consumption inherently dangerous as in such a regime recessions are necessary to contain balance in the currency and banking system. This is how it should be! This also means that you can save your retirement over your working life without engaging in ridiculous and dangerous speculation in which virtually EVERY person ultimately loses. Recognize that this growth will be a one-time deal. We'll get something approaching 10% GDP growth for 3-5 years. But then it will be over. Government spending must decrease as entitlements are removed and debt must be paid off - no more games. We cannot build or guarantee indefinite compound forward returns - that's mathematically impossible. This rock is vast but it is finite. We use the above plan to stabilize and grow our economy, restoring what we had in the 1950s and 60s - and to prepare for a more-or-less steady-state future where the gains of the future come from technological advance, not leverage and financial fraud. You want a growth plan? There it is. Now GO65, you can and must change your tag-line.
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#13. To: Nebuchadnezzar (#0)
No, we should implement something like they have in Singapore. For example: A.) Everyone has to save 8% of their paycheck in Medical Savings Account. You can use the money to buy catastrophic health insurance and pay for incidental medical expenses. B.) Low income earners would have their medical savings subsidized by the government. This subsidy replaces Medicaid and CHIP. C.) People can refuse to buy insurance if they wish and let the money accumulate in the account. However, if an uninsured person receives treatment that he/she can't pay for, the provider can go after their medical savings account and also garnish their wages until the fees (with interest) are paid. D.) All medical providers would be required to publish prices and outcomes for the services they provide. E.) State and local governments would be prohibited from restricting competition in the insurance in industry. They would also be prohibited from mandating minimum coverages (usually done at the behest of special interests), which drives up insurance costs.
Singapore's system is too socialist for US Conservitives - it would never fly here. * "The private healthcare system competes with the public healthcare, which helps contain prices in both directions. Private medical insurance is also available." * Private healthcare providers are required to publish price lists to encourage comparison shopping. * The government pays for "basic healthcare services... subject to tight expenditure control." Bottom line: The government pays 80% of "basic public healthcare services. " * Government plays a big role with contagious disease, and adds some paternalism on top: "Preventing diseases such as HIV/AIDS, malaria, and tobacco-related illnesses by ensuring good health conditions takes a high priority." * The government provides optional low-cost catatrophic health insurance, plus a safety net "subject to stringent means-testing."
Not true. Singapore's system of medical savings accounts was invented by an economist at Texas A & M university in the 1970s. Most people int the GOP has been huge supporters of medical savings accounts since. I've been to Singapore many times. Your characterization of their system is a HUGE distortion of reality.
Medical savings accounts is just one piece of Singapore's system. Sing the praises of medical savings accounts all you want, but medical savings accounts alone is not Singapore's system.
No, but they are the primary reason why Singapore's healthcare costs went from 6% of GDP to 3.7% of GDP while ours went from 6% of GDP to almost 17% of GDP. Singapore also mandates complete transparency in prices and outcomes. This was one of the points I made. Singapore gave up on it's socialist system and turned patients into healthcare consumers who shop for healthcare the same way they shop for food, housing, clothing, transportation, and televisions. The U.S. went the socialist route with Medicare and Medicaid, where the people who get the services don't pay the bill. Before the federal government got their sticky fingers in our healthcare system, out-of-pocket expenses comprised 55% of healthcare payments. The remaining 45% was a split evenly between private insurance and state / local government (through things like County Hospitals and low income Clinics). Today, private insurance still pays about 23% of the bills, but out-of-pocket expenses and government funding have switched places. Of course healthcare costs are rising in the U.S., because few people have incentives to use the system wisely because they are not paying the bills. So they do things like show up at doctor's offices when they have a little sniffle, which drives up prices for the rest of us. The answer isn't to make people even less responsible through more socialism. The answer, as Singapore has shown is to put consumers in charge.
From what I've read, its private sector competition with government run health care delivery that keeps costs low. For Singapore this means mandatory savings accounts and government-imposed cost controls. For Hong Kong this means a system of government-run hospitals that provide most of the health care services there. Neither health care system relies on the free market forces extolled by American conservatives, yet both countries have high levels of economic freedom. www.forbes.com/2010/03/22...ntributors-mark-rice.html My goodness, what would Sarah Palin say about that?
#33. To: lucysmom (#32)
(Edited)
No, what keeps prices down is that people spend their own money on health services. 67% of healthcare spending comes from private sources. Government subsidies amount to 33% of healthcare spending (in the U.S. the government provides 50% of healthcare spending). Most care is provided by private hospitals and clinics. There are a dozen or so government hospitals, which take care of the poor (no different than County hospitals in the U.S.) Even in the government hospitals, the poor are required to pay between 20% and 60% of the bill, depending on their income. There is no free lunch there. Quite frankly, the American press misunderstands Singapore's healthcare system because they misunderstand Singapore in general. When I went to Singapore the first time, I was a little nervous because of the propaganda in the America press about chewing gum, canning, censorship, and other "authoritarian" practices. It's all a bunch of nonsense. Singapore is a really, really nice place. It's system is unique in the world and the American press and political commentators just don't understand it.
Top • Page Up • Full Thread • Page Down • Bottom/LatestWe either repeal Obama's Health Law and implement my plan OR we set a percentage of GDP we will spend on health care at the Federal Level and implement the Canadian system.
#18. To: jwpegler (#13)
No, we should implement something like they have in Singapore.
#20. To: lucysmom (#18)
Singapore's system is too socialist for US Conservitives - it would never fly here.
#28. To: jwpegler (#20)
Singapore's system of medical savings accounts was invented by an economist at Texas A & M university in the 1970s.
#30. To: lucysmom (#28)
(Edited)
medical savings accounts alone is not Singapore's system.
#32. To: jwpegler (#30)
No, but they are the primary reason why Singapore's healthcare costs went from 6% of GDP to 3.7% of GDP while ours went from 6% of GDP to almost 17% of GDP.
Replies to Comment # 32. From what I've read, its private sector competition with government run health care delivery that keeps costs low.
End Trace Mode for Comment # 32.
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