Crezth
i knew you were a real man of the left
So you don't think even a small-scale nuclear conflict wouldn't escalate into something horrifying?
That would only work if you assume you could raise rates at the same pace with no loss of customers. If your costs go up by $100 (whether you wanted them to or not), & you try to jack everyone's premium up by $100, people will go to your competitor who didn't just try to give them a 100% rate increase.For example, if you are not allowed to make a profit of more than 25% your expenses, and your expenses are $100, then you can make as much as $25 profit. But if you artificially inflate costs to $200, then you can make up to $50 profit. This is why government-imposed profit caps are stupid.
Sometimes it's good, & you get a national highway system. Sometimes it's bad, & you get an abomination like Time Warner Cable.In some industries monopolies actually FAVOR the consumer; usually due to massive infrastructure costs EG) Imagine having 20 railway lines running from NYC - Washington DC. It's impracticle, way too expensive and far, far more efficient to have one line.
So you don't think even a small-scale nuclear conflict wouldn't escalate into something horrifying?
Iran has no real allies. Israel's biggest (only?) ally is us, and we can solve that problem pretty easily. A nuke fight between two countries with no allies wouldn't escalate into anything, though we might suffer the loss of an Intel fabrication plant, and other countries might lose access to Iranian oil.
And government is preventing it right now... with the obvious exception of the Federal Reserve
I'm pretty sure that emergency rooms will take care of certain kinds of health problems. Nobody is completely without any and all types of health care.
5/6 of Americans disagree.
Fixed.
In some industries monopolies actually FAVOR the consumer; usually due to massive infrastructure costs EG) Imagine having 20 railway lines running from NYC - Washington DC. It's impracticle, way too expensive and far, far more efficient to have one line. Of course to ensure consumer protection you would probably want it to be a state-run monopoly or a heavily regulated private firm with a specific mandate to maximise social welfare.
That doesn't make any sense. You seem to be using some strange definition of costs here. Costs are things the insurance company pays out, just like any other industry. If you increase your costs, you increase what the company pays to other people - hospitals, doctors, Scooter Chairs, stuff like that. So if costs go up because the doctor charges more for services, the doctor may make more profit, but the insurance company does not.
If costs go up but revenue stays the same, profit shrinks. If the insurance company can keep costs down, they make more profit, just like any other business.
EDIT: otherwise, why would an insurance company ever deny a claim? if they make more profit the higher their costs, they'd be out trying to get everyone to file more claims, right?
Yet you want single-payer and a whole plethora of government monopoly-priced services.Monopoly pricing is always the worst pricing.
You don't think that the distinction between for-profit and non-profit monopolies may be of significance?Yet you want single-payer and a whole plethora of government monopoly-priced services.
You don't think the government is a profit-seeking enteprise?You don't think that the distinction between for-profit and non-profit monopolies may be of significance?
Question: Do you know anything about the political situation in the Gulf?A nuke fight between two countries with no allies wouldn't escalate into anything, though we might suffer the loss of an Intel fabrication plant, and other countries might lose access to Iranian oil.
Yet you want single-payer and a whole plethora of government monopoly-priced services.
...No?You don't think the government is a profit-seeking enteprise?
So the heads of government agencies don't clamor, year after year, for bigger budgets and more authority? They don't insist that they need bigger offices, more staff, more cars, more computers, more rules, more programs?...No?
I'm sorry, what do you think "profit" means?So the heads of government agencies don't clamor, year after year, for bigger budgets and more authority? They don't insist that they need bigger offices, more staff, more cars, more computers, more rules, more programs?
Profit is revenue minus costs. I guess it was a poor choice of words; profits are a good thing, and I suggested that the government was for profit.I'm sorry, what do you think "profit" means?
If you don't think Israel wouldn't also nuke Pakistan and the Arab countries, and Iran wouldn't nuke its neighbors or even India, then you are being naive.
I don't really understand where this hatred of sound money comes from.
Destroying the capitalist system in the name of libertarian economics is not just stupid in and of itself, but it is a direct contradiction of the things you claim to believe.
You can't get routine medical care from an emergency room. They don't have the resources to do it.
Even the people who can afford the insurance, a smaller number of Americans every year, are having their economic future crushed by the system.
Deregulation is the primary act by government responsible for the housing bubble and financial collapse. The private sector did the rest.
You don't think the government is a profit-seeking enteprise?
If Iran and Israel were to get into a standoff war (which would be pointless because neither side posesses the number of standoff weapons needed), Saudi Arabia and the other Gulf Princedoms will be invading Iran faster than you can say 'Shah'. Saudi Arabia and the other Gulf Princedoms really hate Iran, due to both religious and political reasons.
You never said "routine" before. This is a logical fallacy known as "moving the goalposts"
Why the bloody gorilla fart would they do that? Pakistan is a US ally, as are several Arab countries, and India is currently buying Iranian oil.