How would infrastructure spending benefit the working class?

Discussion in 'Economics' started by drcha, Nov 23, 2016.


  1. There are 20 millions people in US who are on ACA. It will be a disaster if these people lose ACA in case of a repeal.

    I didn't like ACA but I think it is a good option for those people who cannot get elsewhere.
     
    #121     Dec 3, 2016
  2. Maverick74

    Maverick74

    Marty, want to overlay a chart of GDP on that chart above? One's ability to afford care is tightly correlated to the economy and to wages. BTW, most of the full act did not go into effect until 2015. Just sayin...
     
    #122     Dec 3, 2016
  3. Maverick74

    Maverick74

    Marty, you need to become more self aware of your surroundings. Trump was not unique. This wave started in Greece, spread to the UK, then the US and now soon Italy. Maybe even France. There is a populist wave spreading around the world. Trump was lucky he accidentally walked into the right bar at the right time. Had he showed up at any other time in history he gets 5% of the vote tops. This wave has nothing to do with Trump and everything to do with disrupting the status quo, if you don't see that, you really need to get out of the "City" and maybe travel a bit more through the working class communities of the world. I'm being sincere when I say this. I'm not sure studying rates and FX is doing enough to broaden your perspective on things. And no, not hasslin you bro...just giving ya one man's opinion.
     
    #123     Dec 3, 2016
  4. The Gallup article regarding all these issues is here:
    http://www.gallup.com/poll/192914/healthcare-insecurity-record-low.aspx
     
    #124     Dec 3, 2016
  5. Maverick74

    Maverick74

    Marty, as a data analyst I see a lot of issues with interpreting this type of data. I'll leave it at that. As an example, I could show you a poll that shows red staters saying their quality of life has improved tremendously since Trump won the election even though nothing has happened. I'm sure you get what I'm saying. We've beaten this to a drum so not sure we are getting anywhere. I'll just say, I've lived in the US my whole life and you have presumably lived all or most of your life in the UK. I understand our system better over here then you do and I'm sure the same is true with you. You can read polls and articles all day long, until you live in your system you won't truly understand and I'm sure the same is true for myself and your system. It's fun to have cordial conversation about this stuff. I feel I understand what's going on, you feel baffled by it. That's what makes a market. Time usually keeps the score.
     
    #125     Dec 3, 2016
  6. Mav, you need to stop patronising me.

    Trust me, I appreciate the phenomena that you're describing just fine. What baffles me is the idea that a guy, who I perceive as not just random, but rather completely unsuitable, can walk into the right bar at the right time and end up running the place. I mean what's next, Kim Kardashian or Justin Bieber?

    As to the UK, Italy and possibly France, there are subtle differences. Take, for instance, this weekend's Italian referendum. A "no" vote could be viewed as an expression of anti-Renzi sentiment, but would actually be a vote for status quo. A "yes" vote would be pro-Renzi, but against the status quo. Which way is that gonna swing under your framework?
    Indeed, let's just see how it all works out... I am happy to let history be the judge, so to speak.
     
    #126     Dec 3, 2016
  7. ironchef

    ironchef

    So, if I need hospitalization after ER but has no insurance, will the hospital admit me without insurance?
     
    #127     Dec 4, 2016
  8. There are already such programs, some of them are free (like Kahn Academy developed by an immigrant from Pakistan), and some are fee-based.
     
    #128     Dec 4, 2016
  9. If the ER doctor deems that you need hospitalization, then I think the hospital has to admit you even without insurance.
     
    #129     Dec 4, 2016