Universal Health Care

“It was reported two or three years ago by Bush's own HHS that the drug companies spent WAY more on advertising and lobbying than they do on research. I'll bet they do gangbusters on Market research, LOL

Now we've got it from the horse's mouth: the CEO at Roche.

Dan here reminds me of Montel Williams... but they don't have to pay him a dime. He does it just to feed his ego.

But it looks like he wasn't getting enough attention over on Latta.”

“That guy sure is a doom-sayer, TiltBlam.”

“ For many years it has been a matter of conventional wisdom among economists that the minimum wage causes fewer jobs to exist than would be the case without it. This is simply a matter of price theory, taught in every economics textbook, requiring no elaborate analysis to justify. Were this not the case, there would be no logical reason why the minimum wage could not be set at $10, $100, or $1 million per hour.

Historically, defenders of the minimum wage have not disputed the disemployment effects of the minimum wage, but argued that on balance the working poor were better off. In other words, the higher incomes of those with jobs offset the lower incomes of those without jobs, as a result of the minimum wage [See, for example, Levitan and Belous, (1979)].

Now, the Clinton Administration is advancing the novel economic theory that modest increases in the minimum wage will have no impact whatsoever on employment. This proposition is based entirely on the work of three economists: David Card and Alan Krueger of Princeton, and Lawrence Katz of Harvard. Their studies of increases in the minimum wage in California, Texas and New Jersey apparently found no loss of jobs among fast food restaurants that were surveyed before and after the increase [See Card (1992b), Card and Krueger (1994), and Katz and Krueger (1992)].

While it is not yet clear why Card, Katz and Krueger got the results that they did, it is clear that their findings are directly contrary to virtually every empirical study ever done on the minimum wage. These studies were exhaustively surveyed by the Minimum Wage Study Commission, which concluded that a 10% increase in the minimum wage reduced teenage employment by 1% to 3%.

The following survey of the academic research on the minimum wage is designed to give nonspecialists a sense of just how isolated the Card, Krueger and Katz studies are. It will also indicate that the minimum wage has wide-ranging negative effects that go beyond unemployment. For example, higher minimum wages encourage employers to cut back on training, thus depriving low wage workers of an important means of long-term advancement, in return for a small increase in current income. For many workers this is a very bad trade-off, but one for which the law provides no alternative.

PLENTY OF REFERENCES HERE

http://www.house.gov/jec/cost-gov/regs/minimum/50years.htm”

“So there are differences in opinions. Big surprise.

I will say this: Life is way more expensive in New York City than it is in Lincoln Nebraska... and what is a minimum living wage in one place simply doesn't apply to another.

It is kinda ridiculous to lay out a "flat" rate that works for everybody. But, it seems to me that in the name of decency, anybody who's willing to do an honest days work ought to be paid enough to stay alive.
...and it seems that the minimum amount necessary varies from city to city... or at least region to region.”

“icky I AGREE 100%. I have always said I did not see the logic in having a person who was born in New York, Trained in Boston and lived in Washington their whole life make decisions for somebody in Arkansas. There is no grasp of the situation.

Another thing...if State A could set its minimuim wage where it wants it will either attract businesses and employees or lose them. Competition always breeds success.”

“Competition always breeds success.� Yah! NASCAR is proof in the case of our Big Three. LMaO
last edited: 1/14/09 7:11:29 AM”

“Hidden in the Porkulous plan is a new position to nationalize all health care records.....next step...eventual Nationalized Health Care.

Okay sure sounds great...but here is the scenario..

Say Marko goes into the doctor with Liver disease....the doctor could prescribe treatment but he pulls the marky mark records up and sees...WAIT marky is too old to gain long term benefit from the treatment. Or the treatment is not "accpeted" so Marky is given pain meds (or not) and sent home to await that time where he assumes room temp.”

“So did I miss the debate on this? There's money (from us) in Daddy-O's current budget for Universal Health Care?”

“we don't debate things in this country anymore. when the messiah speaks, we hasten to obey”

“".....when the messiah speaks, we hasten to obey."
Hyway

Who, Limbaugh?”

“I wouldn't know. You guys must listen to him more than I do since you seem to know what he's saying. I am more of an O'Reilly guy.”

“Cptn. Oxycontin? Ehh, what'd ya say? He HOPES the President fails...”

“It was debated during the spring and summer. The people decided in November.”

“O'really?”

“The "Bush tax cuts" should be allowed to sunset in any event. They were ill-advised from the start.

I guess capital gains taxes are Moot for the time being, HMMMmm?”

“ I am more of an O'Reilly guy.hyway

My eye appointment won't come soon enough.lmao”

“I guess capital gains taxes are Moot for the time being, HMMMmm?�Tllt

Who is TLLT? Cap gains and dividend should have gone to 25% July 2006, the interest stairway to heaven(hell actually)could have terminated short of disaster.
last edited: 2/26/09 12:03:34 PM”

“O'Reilly????

O'Reilly and Limbaugh are like manure and dung............both are schits.”

“you don't listen to O'reilly then. sometimes I think he wants to blow Obama”

“And calling them "news" is like trying to polish a turd.”

“Interesting how you folks have no problem not debating health care but you'll debate on whether a radio show is news or not”

“Just checking...but I cant' remember Limbaugh or O'Reilly demanding public money for their work. From what I remember they are paid as a result of the free market...I mean if Rush or Pat were unable to draw listeners/viewers...how long would they be on the air.

NOW Congress demands increased pay regardless of how crappy they end up leaving the country. Congress can pass bills in the dark of night (LOL 5 days to review a bill...what a pile of crap the Bamster pushed) and have approvals bordering on child molesters but they keep getting perks.....”

“Debating on this site ended long ago. We just sling bullshlt.”

“It was over before I got here and that was nearly a decade ago.”

“Man, you're old.”

“bordering on child molesters...

”

“Damn right, Snakeyes. And getting older every minute.”

“Not much of an option is there?”

“Rosey Limbaugh supports the President he just opposes the plan. (Thats Patriotic if I remember the last administration)”

“Sounds to me like he hopes he fails. He must have brainwashed you again between the show where he said this and they next show where he spun it.

But continue with your history revisionism. You're damn good at it.

BEGIN TRANSCRIPT


RUSH: I got a request here from a major American print publication. "Dear Rush: For the Obama [Immaculate] Inauguration we are asking a handful of very prominent politicians, statesmen, scholars, businessmen, commentators, and economists to write 400 words on their hope for the Obama presidency. We would love to include you. If you could send us 400 words on your hope for the Obama presidency, we need it by Monday night, that would be ideal." Now, we're caught in this trap again. The premise is, what is your "hope." My hope, and please understand me when I say this. I disagree fervently with the people on our side of the aisle who have caved and who say, "Well, I hope he succeeds. We've got to give him a chance." Why? They didn't give Bush a chance in 2000. Before he was inaugurated the search-and-destroy mission had begun. I'm not talking about search-and-destroy, but I've been listening to Barack Obama for a year-and-a-half. I know what his politics are. I know what his plans are, as he has stated them. I don't want them to succeed.

If I wanted Obama to succeed, I'd be happy the Republicans have laid down. And I would be encouraging Republicans to lay down and support him. Look, what he's talking about is the absorption of as much of the private sector by the US government as possible, from the banking business, to the mortgage industry, the automobile business, to health care. I do not want the government in charge of all of these things. I don't want this to work. So I'm thinking of replying to the guy, "Okay, I'll send you a response, but I don't need 400 words, I need four: I hope he fails." (interruption) What are you laughing at? See, here's the point. Everybody thinks it's outrageous to say. Look, even my staff, "Oh, you can't do that." Why not? Why is it any different, what's new, what is unfair about my saying I hope liberalism fails? Liberalism is our problem. Liberalism is what's gotten us dangerously close to the precipice here. Why do I want more of it? I don't care what the Drive-By story is. I would be honored if the Drive-By Media headlined me all day long: "Limbaugh: I Hope Obama Fails." Somebody's gotta say it.

http://www.rushlimbaugh.com/home/daily/site_011609/content/01125113.guest.html”

“Still does not say he does not support the President...he just opposes his policies.”

“Debating on this site ended long ago. We just sling bullshlt.”
roseymonster
1:40:33 PM
2/26/09

Rosey, you duh man!

"Limbaugh supports the President he just opposes the plan. (Thats Patriotic if I remember the last administration)"
MD 20/20

This dude rewrites history before it's even been written.”

“LOL..no just using your words against you....history is a pain to libbies...”

“Limbaugh has had so many people repeating his lies for so long even He thinks it's the truth, now.

It wouldn't surprise me if he's swallowed his own crap.


But it's funny how they defend their masters' tax cuts. Maybe the Boss Man will throw them a crumb on Friday instead of a pink slip.”

“Still does not say he does not support the President...

Not sure if you're obstinant, obtuse, or obliterated. Let's quote this one more time verbatim: "I hope he fails." What about that statement indicates he supports the president?

Here's a hint: absolutely nothing.

Actually, I'm embarassed for you that you're defending Limbaugh anyway.”

“I am sure he meant the policies as much as you guys meant the policy of the Iraq invasion and not the soldiers. (LOL)”

“only liberals can be patriotic when they want the country to lose a war. Rush just wants one man to fail so we can save our country.”

“sorry I forgot...thanks Hyway....”

“It's the Brain Damage.”

“I agree, i can't imagine any other reason why we'd elect this fiscally irresponsible child as president.”