As Obama and many Democrats say, GOP is taking the whole citizens hostage. Well not just Americans, but also people around the world. They should pass clean CR and raise the debt ceiling ASAP.
Now, I hear many Republican legislators say ACA is too expensive, Americans cannot afford it, killing jobs...etc. My reaction was...
"What we cannot afford is status-quo."
Think about it. Healthcare cost was increasing much faster than inflation rate. Those who really need health insurance cannot get it because of its cost and preexisting conditions. So, when they get sick, they go to emergency room, so that they cannot be rejected. Hospitals have to come up with money for the unpaid treatment cost from somewhere else. So they have to charge more for regular patients. More charge means insurance have to pay more, which leads to higher premium.
If the law doesn't require drivers to have auto insurance, probably many, if not most, of them decide not to purchase insurance. But accidents happens. As Liberty Mutual Insurance commercials say, this is an imperfect world with imperfect humans. Without insurance, you may not be able to cover the liability in case of accident. Since the law requires, most of drivers purchase auto insurance and since demand is high, the cost of the insurance is affordable if you have clean driving record.
Human body is not perfect either. Although there are disease that can be prevented by keeping healthy living, sometimes your body needs repair. It can be genetic cause or external causes. Then, why not health insurance while auto insurance is mandatory?
Another argument is that "we don't want the government to control my life"
Okay... first of all, with high healthcare cost and premiums, do you really have control of your life? What happens when you get sick, you cannot perform work, and you cannot afford the treatment. You may lose your job because you can no longer work. Plus, it's not government takeover. What ACA sets up is private insurance market place, where insurance companies compete for customers.. You get to choose your insurance, coverage. Government subsidy is available and insurance company must use certain percentage of revenue from premium for medical payment.
It may take a while until the system become fully functional, but the insurance should be affordable like in other industrialized countries.
To combat the high cost of healthcare, insurance reform is not enough. It needs comprehensive approach. Maybe you need to educate people about healthy diet and lifestyle. You should build infrastructure that is friendly to bikes and pedestrians and promote smart growth of cities that give people to walk. Improve public transit and land use. Try to rebuild cities to be more compact, not sprawl. Get them out of cars.
We cannot afford default either! If that happens, the cost would be far more expensive that what the U.S. is paying. I'm talking about screwed markets and lives of many that would be affected. Credibility of U.S. bonds drops, economy crushes, not just the U.S., but world economy. They literally taking the world economy hostage. It would leads to unemployment, cash flow would stop. And this time, the government cannot borrow money, so it won't be able to bailout any failing company.
I can't believe there are people thinking that it is okay to default. They don't understand basic economic. It is network of people. They should be aware of how the shutdown already affecting private businesses. Since government workers furloughed, those restaurants don't get customers. And they might have to lay off its employees if shutdown continues. It is affecting so many lives already.
Yes, the U.S. has running on deficit. Yes, I agree that we should balance the budget. But, in current economy, we have to circulate cash in economy. The huge spending after 2008 was to prevent the cash flow from stopping. The government need to raise the debt ceiling, so that it can continue to provide service to citizens and improve economy.
They need to take economy class, micro and macro. This is not just about the U.S. anymore like they like to believe, but it is about the world economy. It would ruin so many lives worldwide.
... I think this is the longest blog post that I wrote in a while, but bottom line, the House Republicans had better let the clean CR pass and raise the debt ceiling without any string attached. They have plenty of time to discuss about healthcare later. But this is not the time. Certainly not with budget.
To combat the high cost of healthcare, insurance reform is not enough. It needs comprehensive approach. Maybe you need to educate people about healthy diet and lifestyle. You should build infrastructure that is friendly to bikes and pedestrians and promote smart growth of cities that give people to walk. Improve public transit and land use. Try to rebuild cities to be more compact, not sprawl. Get them out of cars.
We cannot afford default either! If that happens, the cost would be far more expensive that what the U.S. is paying. I'm talking about screwed markets and lives of many that would be affected. Credibility of U.S. bonds drops, economy crushes, not just the U.S., but world economy. They literally taking the world economy hostage. It would leads to unemployment, cash flow would stop. And this time, the government cannot borrow money, so it won't be able to bailout any failing company.
I can't believe there are people thinking that it is okay to default. They don't understand basic economic. It is network of people. They should be aware of how the shutdown already affecting private businesses. Since government workers furloughed, those restaurants don't get customers. And they might have to lay off its employees if shutdown continues. It is affecting so many lives already.
Yes, the U.S. has running on deficit. Yes, I agree that we should balance the budget. But, in current economy, we have to circulate cash in economy. The huge spending after 2008 was to prevent the cash flow from stopping. The government need to raise the debt ceiling, so that it can continue to provide service to citizens and improve economy.
They need to take economy class, micro and macro. This is not just about the U.S. anymore like they like to believe, but it is about the world economy. It would ruin so many lives worldwide.
... I think this is the longest blog post that I wrote in a while, but bottom line, the House Republicans had better let the clean CR pass and raise the debt ceiling without any string attached. They have plenty of time to discuss about healthcare later. But this is not the time. Certainly not with budget.
No comments:
Post a Comment