Universal Health Care...

[85suited 0]

anyone see Obama on Foxnews yesterday?http://www.foxnews.com/on-air/special-report/index.html

[DonkSlayer 1]

CBO scores the bill today....$940 mil expense, cuts deficit first 10 years by $130 bil and $1.2 tril the 2nd decade after.Thats using today's bill and program, of course (the slightly underestimated the medicare cost when the first established that, too.)

[CaneBrain 95]

No offense, but I think you're greatly overestimating the value of those in academia to those in the private sector.

No offense, but it's more likely you are underestimating it. You really think if a law professor at a decent law school wanted to go back to a firm he could not find a job really quickly? Odds are that law professor had to do something impressive in the private sector to merit attention from the law school in the first place.

[Naked_Cowboy 0]

yes... a law professor could easily get a job as a lawyer assuming he's still certified. On the other hand, I think very few management or marketing professors could get jobs as anything other than mildly successful consultants, if that.

[CaneBrain 95]

yes... a law professor could easily get a job as a lawyer assuming he's still certified. On the other hand, I think very few management or marketing professors could get jobs as anything other than mildly successful consultants, if that.

So, what you really feel is that business school professors are in academia for a reason. That's a lot different than what you said before. I think the sciences, engineering and computer professors would also be able to smoothly transition back and forth between academia and the private sector.Do you think marketing and mgmt professors at the best business schools like Wharton or Kellogg could do well in the private sector? Or is that more a judgment on the rank and file.....

[Naked_Cowboy 0]

I think that people in that position have the connections to get great jobs, but that's what, 100 people?

[LongLiveYorke 38]

No offense, but I think you're greatly overestimating the value of those in academia to those in the private sector.

He said the average wage for a professor was 70-80K. So, to make more money in the private sector, they have to have, say, a 100K job. I don't think it's unreasonable to say that a person smart enough to become a professor could, in the time that it took him to become a professor, get a 100K+ job. I'm not saying he's going to go into the private sector and start pulling in a million on day 1, but it's not inconceivable that he'd make more than a professor.

[Naked_Cowboy 0]

He said the average wage for a professor was 70-80K. So, to make more money in the private sector, they have to have, say, a 100K job. I don't think it's unreasonable to say that a person smart enough to become a professor could, in the time that it took him to become a professor, get a 100K+ job. I'm not saying he's going to go into the private sector and start pulling in a million on day 1, but it's not inconceivable that he'd make more than a professor.

I guess I was looking at it from the perspective of could a tenure age professor transition to the private sector and easily make as much or more than they make as a professor, which I don't think is possible for the majority.

[JoeyJoJo 18]

This isn't true. Harvard could easily charge $100K a year and get full attendance. This is another way that universities are unique. Many earn the majority of their money from donations, and Harvard talked about making undergraduate education free (before the economic crisis really hurt their financial situation).

Their endowment plummeted to $25 billion. Better keep bringing in that tuition money.

[vbnautilus 48]

There are very few private sector jobs readily available to me. However, the few that have tempted me over the years would definitely have paid me more than I make as a professor.

[Balloon guy 158]

So I hear on the radio ( so you know it is true ) that the CBO says that this health care bill will lower the deficit.So my question is why don't we triple the scope of it and just balance the budget with it?I am completely dumbfounded by the complete buffoon press we have that they can report over and over that the dems are going to pay for this entire healthcare bill with the money being wasted in medicare.But not one of them asks:1. If there is this much waste in the existing program..what makes you think there will not be an equal amount of waste in the one you are proposing?2. If you have found this many billions of dollhairs in waste, why haven't you stopped it BECAUSE IT'S WASTE????? Why do you leave it there being wasted evrey single minute of every hour of every day without fixing the problem?But the press keeps right on staring doe-eyed at Obama and believing every word that comes out of the teleprompter, never once wondering if just maybe the dems aren't going to be able to pay for this with magic money that they just found laying around.

[hblask 1]

A rare photo of Pelosi relaxing at home:

[strategy 4]

I saw a discussion that did a good job of articulating my position on college funding other day:http://globaleconomicanalysis.blogspot.com...and-cookie.htmla college education is +EV and will only become less so until the list of options for high school grads is more balanced. I do think there will be a day when it makes no sense whatsoever to attend college for more than 50% of careers.

[hblask 1]

I saw a discussion that did a good job of articulating my position on college funding other day:http://globaleconomicanalysis.blogspot.com...and-cookie.htmla college education is +EV and will only become less so until the list of options for high school grads is more balanced. I do think there will be a day when it makes no sense whatsoever to attend college for more than 50% of careers.

I'm sort of surprised that this surprised people (which is what the article implies). It seems blatantly obvious that this is what would happen.Our education system is still using the same model as was used in the 1800s. It needs to change, and soon.

[dapokerbum 0]

So I hear on the radio ( so you know it is true ) that the CBO says that this health care bill will lower the deficit.So my question is why don't we triple the scope of it and just balance the budget with it?I am completely dumbfounded by the complete buffoon press we have that they can report over and over that the dems are going to pay for this entire healthcare bill with the money being wasted in medicare.But not one of them asks:1. If there is this much waste in the existing program..what makes you think there will not be an equal amount of waste in the one you are proposing?2. If you have found this many billions of dollhairs in waste, why haven't you stopped it BECAUSE IT'S WASTE????? Why do you leave it there being wasted evrey single minute of every hour of every day without fixing the problem?But the press keeps right on staring doe-eyed at Obama and believing every word that comes out of the teleprompter, never once wondering if just maybe the dems aren't going to be able to pay for this with magic money that they just found laying around.

This^^^^Why has no one pointed this out yet?

[LongLiveYorke 38]

This^^^^Why has no one pointed this out yet?

The savings from waste eliminating come from restructuring the system and from setting up auditing boards to sift through the details and eliminate overlaps. I don't really understand your argument. Are you saying that this health care bill is such a good idea that it should have been implemented sooner?I mean, it's not like congress has a list of things that "waste" money and it can simply check them off one by one but for some reason is refusing to do so. Are you wondering why there wasn't an overhaul of medicare/medicaid sooner? If so, ask Republicans. The Democrats sought to do it as soon as they gained power.

[Jeepster80125 0]

The savings from waste eliminating come from restructuring the system and from setting up auditing boards to sift through the details and eliminate overlaps. I don't really understand your argument. Are you saying that this health care bill is such a good idea that it should have been implemented sooner?I mean, it's not like congress has a list of things that "waste" money and it can simply check them off one by one but for some reason is refusing to do so. Are you wondering why there wasn't an overhaul of medicare/medicaid sooner? If so, ask Republicans. The Democrats sought to do it as soon as they gained power.

I think he's saying that the democrat position is, "We'll get a large portion of funding from cutting waste that WE KNOW IS IN THE SYSTEM, but we will only cut said waste if it's to fund obamacare."Can you answer the question, "If the waste is there now and they know it, why aren't they doing anything about it? It's like they're using skyrocketing costs as an excuse for reform, but they refuse to do anything to reduce costs, like cutting waste."I'd also like you to cite your source re: auditing boards. Do you realize that dems version of reform is different than repubs version, right? So it's sucky for you ask about overhauling medicare, because you'd never agree with someone like BG what 'overhauls' are needed.I'm busy today so sorry if this is awkwardly written.

[JoeyJoJo 18]

The savings from waste eliminating come from restructuring the system.

Which side is calling it waste? To me, the idea of waste implies that it is something that can just be cut out. If you can't cut it out, then it seems to have some use.I mean, I pretty much agree with your post though. I think they're saying that they can save a lot of money by doing things differently and by calling it waste, make the current system look really bad, which would make it easier to get a new system approved.I don't know.

[Balloon guy 158]

Which side is calling it waste? To me, the idea of waste implies that it is something that can just be cut out. If you can't cut it out, then it seems to have some use.I mean, I pretty much agree with your post though. I think they're saying that they can save a lot of money by doing things differently and by calling it waste, make the current system look really bad, which would make it easier to get a new system approved.I don't know.

So it would be like a guy who runs an ice cream truck business, and at the end of the year he loses a million dollars.Now after 20 years he finds that his one ice cream truck loses him about $56 million a year, which eventually is going to ruin his ice cream truck delivery business.So he goes to a bank and says: "Look, I have found that the one truck I have is losing me lots of money, but I recognize that most of this money is being lost because I have been running the business wrong. So I would like you to loan me just $400 million so I can buy 6 trucks and run the ice cream business on a larger scale. Once I get rid of the truck that is losing me $56 million a year, I will then be saving $56 million which will allow me to pay you your $400 million in only 10 years."To which the bank will say: " Are you still running the ice cream truck business?"And the poor schlub will say; "Of course, I have a degree in law that I never used"And the bank will say: "Have you ever thought that MAYBE you don't have a clue how to run an ice cream truck business? "Now I like ice cream as much as the next guy, but I don't want to see this guy get a larger ice cream truck business.Just to be clear, the ice cream truck is a metaphor for Health care.The guy running the company is the US government being run by law studentsThe bank is the votersAnd the guy at the bank is the same idiot voter who put the ice cream truck business under the management of the the idiot who wants to continue the same insanity while expecting a different result.

[LongLiveYorke 38]

Just to be clear, the ice cream truck is a metaphor for Health care.

What, what!!!! And here I was thinking that you were making an innocent post about ice cream to celebrate the nice weather.

[El Guapo 8]

So in this analogy is the Ice Cream itself = to a colonoscopy?

[Balloon guy 158]

What, what!!!! And here I was thinking that you were making an innocent post about ice cream to celebrate the nice weather.

85 here.I was striking a party last night at 10 PM in shorts and a short sleeve shirt.So yea, Ice cream is like on my mind for some reason.Although I don't make any effort to get any, whereas I drive 15 minutes to go hang out at a cigar store where I spend $12 on one cigar even though I have 40 in my humidor at home...Which also parallels health care now that I think about it.

[Balloon guy 158]

So in this analogy is the Ice Cream itself = to a colonoscopy?

Has anyone ever mentioned that you have a fixation on your bowels?Mr. Ocho?

[El Guapo 8]

Has anyone ever mentioned that you have a fixation on your bowels?Mr. Ocho?

At least I don't have an oral fixation on my bowels.It's a glass half full approach I'm taking.

[Balloon guy 158]

At least I don't have an oral fixation on my bowels.It's a cup half full approach I'm taking.

fyp