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The PPACA Implementation Phase II - Love it or Lose it!

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Re: The PPACA Implementation Phase II - Love it or Lose it!

There's this...

Michael A Nöthem ‏@mikandynothem (~1:30 PM ET 11/10/13)
Pelosi asked Ted Cruz why he wants to de-fund #Obamacare. He replied: "Unlike you, I actually read it."
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Re: The PPACA Implementation Phase II - Love it or Lose it!

ScoobyDoo said:
Middle Class wages have been stagnant for over a decade. Don't tell me you haven't seen the numbers, everyone has.
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From what I can tell-my social security COLA will be 1.5% this coming year. However, the increase in my medicare supplemental policy and my medicare part D drug coverage will add up to almost exactly that amount. That sounds pretty stagnant to me. It would not be so bad if all my other bills only went up the same 1.5%.
 
DrDemento said:
From what I can tell-my social security COLA will be 1.5% this coming year. However, the increase in my medicare supplemental policy and my medicare part D drug coverage will add up to almost exactly that amount. That sounds pretty stagnant to me. It would not be so bad if all my other bills only went up the same 1.5%.
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I doubt many of the graphs include your SS as income, but there might be a chance that retiring baby boomers leaving the hi end of the middle class ranks would sufficiently impact any time-series analysis on income. But nobody would produce a graph of income over time and not control for something such as that. Nor would they omit the value of benefits over time, nor the change in incomes per household, nor any changes in volume of immigration.

Good thing is if you have a recession during a 10 year period, it won't impact the graph either.
 
Re: The PPACA Implementation Phase II - Love it or Lose it!

pirate said:
I doubt many of the graphs include your SS as income, but there might be a chance that retiring baby boomers leaving the hi end of the middle class ranks would sufficiently impact any time-series analysis on income. But nobody would produce a graph of income over time and not control for something such as that. Nor would they omit the value of benefits over time, nor the change in incomes per household, nor any changes in volume of immigration.

Good thing is if you have a recession during a 10 year period, it won't impact the graph either.
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Interesting-I have no clue what it means, but still interesting.:confused: I was just pointing out that any COLA awarded me this year just evaporated into thin air.
 
DrDemento said:
Interesting-I have no clue what it means, but still interesting.:confused: I was just pointing out that any COLA awarded me this year just evaporated into thin air.
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Sorry Doc.

My response was to the stagnant reference...numbers relating to tens of millions of people can present all sorts of outward appearance...and sometimes people can take those numbers and put them in graphs and make conclusions that obfuscate the issue.

Your reference to payments to older Americans brought to mind the impact that large numbers of baby boomers retiring might have on average income in middle class Americans in a time series starting before the trend intensified but ending before it subsided.

If workers tend to earn more as they age, then an increase in retires would impact the top end of the income range...which could influence the average income for a population such as middle income Americans.

One would think an analysis produced by a person interested in the true change of income would account for this influence...and somebody likely has...but if you read the footnotes on most of these graphs and analyses you rarely see notation of factors such as average age, the value of health benefits and a host of other items that could influence the top line numbers.

Not to say wages have gone up, down or sideways...only that the typical graph produced on this subject is flawed.
 
Re: The PPACA Implementation Phase II - Love it or Lose it!

Pirate-Thanks-I was acting dense a bit on purpose. I just was putting the current COLA in perspective. There is absolutely no correlation between that number and our actual rise in cost of living expense-things we actually pay for without adding any luxury spending. Almost all the things I listed in a previous post-home owner insurance, flood insurance, wife's heath insurance, electric bill, phone bill, etc-increased between 10 and 20 fold more than the COLA granted.
 
Re: The PPACA Implementation Phase II - Love it or Lose it!

DrDemento said:
Pirate-Thanks-I was acting dense a bit on purpose. I just was putting the current COLA in perspective. There is absolutely no correlation between that number and our actual rise in cost of living expense-things we actually pay for without adding any luxury spending. Almost all the things I listed in a previous post-home owner insurance, flood insurance, wife's heath insurance, electric bill, phone bill, etc-increased between 10 and 20 fold more than the COLA granted.
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Understood. The concept of a plan that is intended to provide for people but has little to no accomdation for real life expense is, well, very government-like.
 
Re: The PPACA Implementation Phase II - Love it or Lose it!

joecct said:
There's this...
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Yeah I wouldnt believe anything that comes out of that dude's mouth. I love how right now he is the "Great White Hope" for the GOP the guy couldnt win the General Election if he ran unopposed...
 
Re: The PPACA Implementation Phase II - Love it or Lose it!

Handyman said:
Yeah I wouldnt believe anything that comes out of that dude's mouth. I love how right now he is the "Great White Hope" for the GOP the guy couldnt win the General Election if he ran unopposed...
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First of all that quote sounds made-up to me. In seemingly unrelated news, Lara Logan will be doing a story on it this Sunday for 60 Minutes. :eek:

Next, I made a promise to our righty friends out here and its one I will keep. If Calgary Ted Cruz runs for Prez, he has my $25 donation. It'll be the best contribution I've ever made. :D
 
Re: The PPACA Implementation Phase II - Love it or Lose it!

I guess when Bill Clinton says that PPACA needs to be revised, people start to listen.....

the Obama administration signaled it was open to legislation to fix the troubled rollout.

The move came as the administration faced mounting dissatisfaction from Democrats over the law's implementation.

New administration figures showed that only 26,794 people nationwide had enrolled in a private health plan through the balky online federal marketplace in its first month—far short of projections.

on Wednesday, officials suggested that President Barack Obama was open to a bill by Sen. Mary Landrieu (D., La.), that would require insurers to continue offering plans that were in existence this year, even if that meant reinstating ones that had been canceled because they didn't meet the health law's standards.

The magnitude of Democratic support for a legislative solution will become clearer on Friday, when the House is set to vote on a separate Republican plan to let insurance companies continue to offer policies that were canceled recently. That vote may push Mr. Obama to move before Friday to offer his own administrative remedy or more fully embrace Ms. Landrieu's bill.

The White House shift came as more Democrats in Congress, fearful of a voter backlash due to the law, have lost confidence in administration assurances that the problems could be solved without changing the legislation

At least five Democratic senators have backed Ms. Landrieu's bill, with the latest, Sen. Jeff Merkley (D., Ore.), joining on Wednesday. Support from Sen. Dianne Feinstein (D., Calif.), which came on Tuesday, was considered significant because she is an influential senior lawmaker.
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Re: The PPACA Implementation Phase II - Love it or Lose it!

106,185 - that's how many people signed up for coverage in the first month. Only 26,794 of those were able to do so through the federal website, a horrible ratio when it comes to leveraging technological efficiencies. I'd provide a link, but my browser crashes every time I try to get back into the politics section on CNN's site. Those numbers are not at all good if we're requiring some +30 million to sign up for care, and even more than that after people that had existing coverage find themselves now having to seek out new plans because their plans were canceled. And no, I don't think Congress will get a fix to the president prior to year's end.
 
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