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What does a TRUMP presidency look like?

Started by FunkMonk, November 08, 2016, 11:02:57 PM

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viper37

Quote from: Admiral Yi on May 16, 2017, 02:58:49 PM
Her response is pretty silly.  All those things she mentioned are public goods.  Maternity insurance for a 62 year old man is a cross subsidy of a private good.
It's the same as an healthy man paying health insurance he does not need to subsidize a sick person who actually needs it.
I don't do meditation.  I drink alcohol to relax, like normal people.

If Microsoft Excel decided to stop working overnight, the world would practically end.

Malthus

Quote from: Admiral Yi on May 16, 2017, 02:58:49 PM
Her response is pretty silly.  All those things she mentioned are public goods.  Maternity insurance for a 62 year old man is a cross subsidy of a private good.

In most of Western society, such things as health insurance for prenatal care are typically considered "public goods". Apparently, Obamacare treats it as a "public good". In that, it is going with the consensus.

Calling that "crazy", as this Rep was alleged to have done, is in fact dumb. There may be an argument that it should not be a "public good", that there is some efficiency or social goal to making it a "private good" - but it isn't somehow obviously insane to treat it as a "public good".
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane—Marcus Aurelius

Admiral Yi

Quote from: viper37 on May 16, 2017, 03:11:15 PM
It's the same as an healthy man paying health insurance he does not need to subsidize a sick person who actually needs it.

It's different in the sense that the (currently) healthy man is pooling his similar risk with that of the (currently) sick man.  Just because one happens to be sick doesn't mean there is a cross subsidy.

Admiral Yi

Quote from: Malthus on May 16, 2017, 03:11:45 PM
In most of Western society, such things as health insurance for prenatal care are typically considered "public goods". Apparently, Obamacare treats it as a "public good". In that, it is going with the consensus.

Calling that "crazy", as this Rep was alleged to have done, is in fact dumb. There may be an argument that it should not be a "public good", that there is some efficiency or social goal to making it a "private good" - but it isn't somehow obviously insane to treat it as a "public good".

You're using "public good" to mean something worthy of spending public money on, which is not its meaning.

In economics, a public good is a good that is both non-excludable and non-rivalrous in that individuals cannot be effectively excluded from use and where use by one individual does not reduce availability to others.

You can't really build a library or a bridge and say everyone can use these now except Barbara Rank.

HVC

Quote from: Admiral Yi on May 16, 2017, 02:58:49 PM
Her response is pretty silly.  All those things she mentioned are public goods.  Maternity insurance for a 62 year old man is a cross subsidy of a private good.

and she pays for his Viagra. it's win win.
Being lazy is bad; unless you still get what you want, then it's called "patience".
Hubris must be punished. Severely.

Savonarola

Well, the world has officially gone mad.  CNN now has an opinion piece up lauding the virtues of good character, honesty, and integrity.  I never thought I'd see the day.
In Italy, for thirty years under the Borgias, they had warfare, terror, murder and bloodshed, but they produced Michelangelo, Leonardo da Vinci and the Renaissance. In Switzerland, they had brotherly love, they had five hundred years of democracy and peace—and what did that produce? The cuckoo clock

citizen k

Quote from: Savonarola on May 16, 2017, 03:50:55 PM
Well, the world has officially gone mad.  CNN now has an opinion piece up lauding the virtues of good character, honesty, and integrity.  I never thought I'd see the day.

They're trying to be balanced in their reporting. Can't be amoral purveyors of fake news all the time.


CountDeMoney

Quote from: Savonarola on May 16, 2017, 03:50:55 PM
Well, the world has officially gone mad.  CNN now has an opinion piece up lauding the virtues of good character, honesty, and integrity.  I never thought I'd see the day.

Somebody's gotta do it.

viper37

I don't do meditation.  I drink alcohol to relax, like normal people.

If Microsoft Excel decided to stop working overnight, the world would practically end.


Razgovory

Quote from: Admiral Yi on May 16, 2017, 03:23:32 PM

You're using "public good" to mean something worthy of spending public money on, which is not its meaning.

In economics, a public good is a good that is both non-excludable and non-rivalrous in that individuals cannot be effectively excluded from use and where use by one individual does not reduce availability to others.

You can't really build a library or a bridge and say everyone can use these now except Barbara Rank.  Razgovory.

Yeah, you can.
I've given it serious thought. I must scorn the ways of my family, and seek a Japanese woman to yield me my progeny. He shall live in the lands of the east, and be well tutored in his sacred trust to weave the best traditions of Japan and the Sacred South together, until such time as he (or, indeed his house, which will periodically require infusion of both Southern and Japanese bloodlines of note) can deliver to the South it's independence, either in this world or in space.  -Lettow April of 2011

Raz is right. -MadImmortalMan March of 2017


HVC

Being lazy is bad; unless you still get what you want, then it's called "patience".
Hubris must be punished. Severely.

Admiral Yi


katmai

Fat, drunk and stupid is no way to go through life, son