Monthly Archives: December 2013

Obamacare also known as Affordable Care Act — The GIFT that keeps giving! –Yay for 2014!

tumblr_mxvyo66mVM1s4tkgno1_500Here are some of the fun things to look forward to in the new year because of Obamacare

  • Lack of options now due to the “better quality” options now available to all of us.
  • Cost tripling +, more then could be thought previously.
  • Penalties for not purchasing a product the government feels you need.
  • Penalties for any life style choice not acceptable to the government.
  • Difficult to keep track of the rules (hard to read to begin with) but they keep adding to them and then changing them by executive order or any government department order or the whims of the union or ……
  • Remember all those that luckily were given exemptions – did anyone ask how the insurance companies are dealing with this 2 tier system?
  • Doctors, nurses, other health care professionals making new career decisions that just might affect us all…
  • Hospitals making new decisions on just who they will serve based your type of insurance or maybe that will be cash….
  • Have you all looked at your deductibles lately and then wondered what the insurance was for – all those who could not afford insurance previously will definitely not be able to afford those deductibles – who knew.
  • Medical costs will jump because now there is a tax on all medical devices (cleverly defined as most supplies used in medical care) and I could be wrong but pretty sure those are going to be passed on to you….
  • Those medical procedure panels will be up and going soon (also politically incorrectly known as Death Panels) with non medical political appointees to help determine how we can lower those medical costs which unbelievably have suddenly jumped so that will be fun as many decisions will be based on political/society trends/beliefs – I can hardly wait – how about you?  Did you know that the British Panel once suggested turning sheets over so that they did not need to be cleaned so often – fortunately media distribution put a stop to that clever idea – you can only imagine the creativity that will erupt from America.
  • For those who have read Ayn Rand you will understand the Power of Political Pull and only your imagination will stop you from seeing all the possibilities this new system will provide.
  • I wonder how many of you know that charges for government/insurance coverage will be based on new codes developed by the government and currently there appears to be at least a third less available codes then previous procedures – wonder how that will work? Did I mention previously the use of cash?  Did you know that the government has already put a Cardiologist in jail for using the wrong code ( a lower priced code as the code did not exist for the procedure given – no consideration to the fact that the procedure was the appropriate one and the patient survived and excelled afterwards) – what was the charge you say – well he asked for a jury trial which amazingly found him innocent but then the government charged him with obstruction of justice with a 6 month sentence.  Gosh this does sound like it will be getting fun….
  • We will now be pushing all those preventative care items but gee all the studies show it really makes no major difference when dealing with major medical (the real problem) but hey that not how we feel about it so it makes us feel better to pay for things (you probably could have paid for yourself) and cut those other areas you thought you needed care for.
  • Instead of just you, your doctor and insurance company we have added the whole government and all its departments in your personal healthcare – how could that be a bad thing….
  • Have you ever wondered what all that collection of medical records is for – the possibilities or such a collection – I mean insurance companies had really good records for actuarial tables but this now tracks info by individuals/families – oh the possibilities….
  • The good thing is men are no longer discriminated against so they can now get gynecological tests and maternity care they need.  I hope also that women’s prostates and testicles will be given the care that has been so neglected.
  • Since population is exploding and there are so many children born with issues we have provided ease with pregnancy issues that were such a problem previously; because personal responsibility is highly over-rated.
  • ER’s might need to curtail that silly rule about seeing/treating everyone that enters for any type of care or you might see more mass disease distribution as larger amounts of people collect together to try and receive some of that care.
  • Hospitals/Doctors will be more attentive to your cost needs and probably curtail those additional tests – I mean they went to school and can probably figure it out after all they have seen many patients.
  • We currently have an antibiotic problem as 3rd generation drugs have fairly lost their value and with costs being a problem we will probably curtail that research as who really wants to pay those high prices just for a cure.
  • While we are talking about drugs you might want to consider how popular generics will become even though the medical profession is knowledgeable about the fact that many of those do not meet the needs of the patients as do the branded product but hey it costs less.
  • Oh and in compliance with the IRS (marriage penalty on taxes) we added a marriage tax to health care because marriage has only mainly good results on physical/mental health so why would we encourage that.
  • We have had fraud in government programs for years and we thought it wasn’t enough so we have created a system that will not only increase it but make it more varied then previously.
  • Jobs will decrease, full time will be reevaluated, studies show that that working can be stressful anyway….
  • Remember Will Smith’s response to 70% tax rates?? Well now we can all eventually see what that’s like as every country that has government involvement in this area must eventually reach this level or go bankrupt – Oh wait those other countries have learned and are starting to turn the system around but gee it has never been tried by America and after all we are America so economics obviously work differently here.
  • Wonder what will happen when all the exemptions are removed and mandates back in place – Silly – why would that be a problem……

 

 

 

 

Remember when things are working so well why should we not try to help other industries – I mean really there are so many options for food, especially that are bad for us so possibly the government should provide us with what we need  (better options) help us avoid the bad (won’t be available) – of course when the economy really takes a dive and there are no jobs but those approved and good for you we will all be so happy and healthy – so happy to have a helpful caring government – cradle to grave (which will obviously occur so much sooner now).

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Movies that understand Economics #25: The Fifth Element

Fifth ElementOkay, taking The Fifth Element seriously might be a stretch but there is a great moment where the movie gives a perfect recounting of Keynesian economics. The idea that disasters and catastrophes lead to economic growth and prosperity because cleaning up the mess is good for the economy. It is at the heart of all Keynesian principles—the market can’t exist on it’s own it needs outside stimulus.

Now you may be wondering why I would view this as understanding economics as Keynes and all his disciples are, at best, out of their minds and at worst functionally retarded (seriously given the absolute stupidity of every word out of Krugman’s mouth it’s a miracle the man is able keep from drooling all over himself)…but I point to this as an understanding of economics because this filth is put in the mouth of the movie’s villain, Zorg (played by Gary Oldman, although as with most Oldman parts you wouldn’t recognize him if you were told) and it is meant to be the words of a villain.

Zorg: Where are the stones?
Priest Vito Cornelius: I don’t know. And even if I did know, I wouldn’t tell someone like you.
Zorg: Why? What’s wrong with me?
Priest Vito Cornelius: I try to serve life. And you seem to want to destroy it.
Zorg: Oh, Father. You’re so wrong. Let me explain.
[Puts and empty water glass on his desk]
Zorg: Life, which you so nobly serve, comes from destruction, disorder and chaos. Now take this empty glass. Here it is: peaceful, serene, boring. But if it is destroyed
[Pushes the glass off the table. It shatter on the floor, and several small machines come out to clean it up]
Zorg: Look at all these little things! So busy now! Notice how each one is useful. A lovely ballet ensues, so full of form and color. Now, think about all those people that created them. Technicians, engineers, hundreds of people, who will be able to feed their children tonight, so those children can grow up big and strong and have little teeny children of their own, and so on and so forth. Thus, adding to the great chain of life. You see, father, by causing a little destruction, I am in fact encouraging life. In reality, you and I are in the same business. Cheers. [chokes on a cherry]

What Zorg is talking about is called the broken window fallacy. That destruction brings about prosperity. Now for people with a functioning cerebral cortex it only takes a few seconds to realize that the money spent to rebuild could have been spent somewhere else…but hey, as I’ve pointed out Keynesians are special kind of crazy/stupid/evil. And yes evil is appropriate, because as shown in the film, this argument is just a cover for a wish to destroy (or you’re really stupid if you actually believe that).

And the movie shows that at some level the writers understood economics because within 30 seconds they tear down Zorg’s entire philosophy when it is not destruction (in the case of a cherry Zorg is choking on) that brings about results but rather human action to prevent destruction.

Father Vito Cornelius: Where’s the robot to pat you on the back? Or the engineer? Or the children, maybe? There, you see now, how all your so-called power counts for absolutely nothing now, how your entire empire can come crashing down because of one… little… cherry.

It’s nice to see Keynesian idea so perfectly destroyed as they deserve to be.

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Filed under Economics, Movies, Movies for Conservatives