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Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

6 Responses to “What Investors Should Know About Obamacare”

  1. Herman Frank says:

    26 Republican-dominated states (who refused an expansion of Medicaid) are going to turn Democratic.
    OR
    We’ll see the biggest migration of Americans since the Great Depression.

    http://www.nytimes.com/2013/10/03/health/millions-of-poor-are-left-uncovered-by-health-law.html?pagewanted=2&hp

  2. bigsteve says:

    Good advice! I have ignored my Tea Party friends and co-workers who rant that the economy was falling apart and invest in guns and gold was the only way. I invested when they were running scared and have profited. I have watched politics for decades and as my Dad told me over 40 years ago the economy and politics swing from one extreme to an other. We are just seeking the middle right now . ObamaCare is not radical and it leaves private insurance and providers intact. And the President is moderate and not progressive in his policies. Yes there is plenty of money to be made in the Health Care Sector and the reform will not crush our economy or foist socialism on us.

    • MayorQuimby says:

      Agree to an extent but to assume the economy will always be there, America will always enjoy its hegemony and well life tomorrow will perpetually be as it was yesterday is a huge assumption and one that will breakdown eventually.

      Look – US has real problems and we are in record-low-interest-rate extreme Fed pumpage territory to maintain the appearance of economic strength. Until QE abates, we have no sense what the real support is in the economy – my guess is someplace between bear and bull territories.

      Healthcare and FICA costs combined now eat up 5 figures for many peoples’ paychecks (including employer contributions). This is significant and not to be ignored.

  3. Derektheunder says:

    It looks like those who were not into healthcare funds over the past year or two have missed the majority of the run. I suppose your capital and dividends are safe, though.

    And politics aside, has everyone forgotten which government entity gets the honor of administering the AHA? When did this become acceptable? The news media needs to get control of their hard-on for the president and keep the public reminded and informed about their situation.

    The IRS is inept, corrupt, and biased, and they will now have complete access to your medical records. The fact that this was ever considered an option is scary, and it’s the law now.

    • RW says:

      Not sure where you’re coming from here. The IRS does not administer the “AHA (sic),” it only administers the tax provisions; e.g., Treasury Inspector General ref #2013-43-033)

      This is hardly surprising since that is the responsibility of the IRS for every other federal law with tax code elements.

      That aside the collection of laws known as the Affordable Care Act (ACA) is spread over a number of agencies with Health and Human Services probably the most significant.

      This also is not surprising because elements of the law not only have a tax impact, they affect medicare and medicaid, consumer information and protection, interstate commerce, state insurance and business regulations, grants in aid, etc.

      From my POV it’s a big, ugly monster of a law — better than the system (such as it was) in place before and a long second place compared to single payer — but it’s what we’ve got until its changed; by accepted democratic processes of course.

  4. wally says:

    Herman Frank (comment above) raises a very interesting point. And not just about Medicaid… persons who lived in those states that decided to sabotage the Affordable Care program rather than make it work can now pay hundreds, and in some cases thousands, of dollars more per year for health insurance.
    There are now published list showing typical costs state-by-state. You can easily check to see how good a job your state government has done for you in setting up insurance exchanges and ensuring competition. It is true there will naturally be some variation by state due to different health profiles (high obesity states will pay more, etc.) but there seems to be far more variation than is explained by those factors, leaving only politics to blame.