Comments by "whyamimrpink78" (@whyamimrpink78) on "Bernie Perfectly Explains Our Broken u0026 Corrupt System Even In 1991!" video.

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  9.  Dj Luminol  , you first question is more complex than what you think. Read the book "Being Mortal" where the author there tackles such issues. Many point to modern medicine to live another 5 or 10 years when in reality they may live only 5 or 10 months. So if you treat them and they die 5 months later anyway, what was the success? People in that bad of health end up having other problems as well. You fix one and another problem happens. Like an old car, you fix an oil leak and next your coils are bad, than your fuel pump goes out and so on. We should help people but to phrase the question like you did leaves out other variables. The free market increases supply as there is an incentive to produce. It also allows for freedom to produce more and experiment. The free market has always been the main source in progress a society and market. It does not solve all to which I support local societies, either through charities or local government, to fill in the gaps. I agree that healthcare is a problem and insurance companies have too much power, but that is because of the federal government. We do not have a free market healthcare system. We have a heavily regulated and subsidized system. Also, a centralized government program has many problems in itself. Look at how medicare handled prescription benefits https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2690175/ http://keithhennessey.com/wp-content/uploads/2015/05/Kate-Baicker.pdf So to say that Bernie's plan will cover all is simply not true. Let me ask you two questions 1. Why do so many employers pay their employees with healthcare insurance as opposed to a higher wage? 2. Why does healthcare insurance equal healthcare?
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  11.  Dj Luminol  , a study out or Oregon showed that even when you give poor people healthcare they still had problems. The reason why is because bad health is mostly associated with poor lifestyle choices, such as diet. https://www.nejm.org/doi/full/10.1056/NEJMsa1212321 So one can argue that those variables won't be handled. Also, I encourage you to read the book "Being Mortal". If someone has an illness that is considered curable but still dies from it, chances are they had many issues as well. On my question I will give you my opinions 1. The payroll tax led to employers paying with healthcare insurance. It became a tax free way to pay employees. Just like other benefits. Employers would rather pay with a higher wage as it is easier, but the payroll tax prevents that. 2. Since healthcare insurance has become a form of payment it has become healthcare. What I mean is that healthcare insurance essentially covers everything. There is a desire to have insurance as sometimes demand is inelastic. A case like an emergency is such that. But why should insurance pay for things you can shop around for? Such as an Xray, an MRI, routine check ups, prescription drugs, etc. Same as with car insurance. Car insurance covers an accident when you don't have time to shop around. It won't for new tires even though tires are necessary for a safe car. I have a prescription I take. Why do I need to see if insurance covers it? Why can't I just pay for it out of pocket and shop around? That, to me, is a major starting point in why healthcare is so expensive.
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  12.  @0KevinsVideoDumpster0  , I never said unregulated. There is a desire to have regulations. I just want them to be handled by the local governments, not the federal government. A major question in government is what is the role of government? That is vague and varies from place to place. Some areas may need more government some may need less. So I support government involvement to be at the local level. Take the idea I gave about the free market healthcare system and local communities filling in the gap. In some areas local charities work just fine. I actually worked well in my hometown. But in other areas maybe not, thus a government program is needed. Or maybe that society choices government over charities. Just depends on the people. So yes, government can play a role, but what is the role varies from area to area thus I want local communities to make that decision, not some centralized entity. Yes, the goal of a company is to make money, but to do that in a competitive market they have to cater to the consumer. They can just "fuck" over people because in doing so no one will buy their product. This is especially true with the internet where people can post reviews about a company. If an insurance company mistreats their client a competitor will come in and pick up those clients. I agree the poor will struggle, that is why I support local communities filling in the gaps. You say a free market is a horrible idea but the scenarios you brought up are 1. Simply not true (the idea providers will just screw over people) and 2.. Can be solved locally (the poor not getting care can be solved through local communities)
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  15.  Ghost Yuki  , when you say inflation you have to consider a couple of things. One, there is more than one way to measure inflation and they produce different results. And two, there are flaws in inflation measurements. This is going to be long but informative. On the first part there are many ways to measure inflation. Most use the CPI, and I will tell you why here in a second. But you also have PCE, GDP deflator, Boskin Commission CPI and so on. They produce different levels of inflation. If you use Boskin Commission CPI or PCE wages have out paced inflation by those measures. And it isn't that those methods are not reliable, they are. The Fed uses PCE all the time. It is that CPI gives the highest inflation rate so politicians and the media use it the most to overstate inflation. Politicians use it because many government jobs wages/salaries are tied to inflation. In the late 80s early 90s the Boskin Commission was developed to find the actual inflation rate for CPI and they found that CPI was overstating inflation by 2 to 3 percent. Government officials ignored it because they know they would not win elections by telling government workers their wages were going to be cut. Imagine you are an elected official and you say to the public that you are going to cut raises to government workers because inflation is not as high as it is listed? While that person may be correct, imagine how the media will portray it? They will use it to smear that politician to where they will lose the election. Positions that are not elected in government are that way because they have to make the correct decision no matter how unpopular it is early on if it is best in the long term. For example, SC justices are in that position. The Federal Reserve Governors are another. They use both PCE and CPI inflation to set interest rates. The Minneapolis Fed argued that PCE is better https://www.minneapolisfed.org/publications/the-region/i-say-cpi-you-say-pce On the second part there are shortcomings in inflation measurements. For example, inflation methods have a difficult time factoring in improvements in technology. A car today may be more expensive in pure sticker price compared to the 70s. But cars today last longer, are safer, get better gas mileage, are easier to drive, etc. All which saves money. Same in that people have smart phones where in the 70s no one has them. You can make informed decisions like that. Or through the internet. You can read reviews of a product before buying. That forces companies to produce better products that will last longer which saves money. Or how you can buy something online which saves money as you don't have to drive around. Another issue is that CPI inflation has a tendency to lump things together. For example, they will lump all meat together. So if the price of fish goes up 100% due to some issues in the fishing industry, CPI will say the price of meat went up even if all other meat prices stay the same or drop. If fish prices go up than people will buy other kinds of meat. Another issue is what is called "new product bias". When a new product hits the market the price is jacked up as people really want it. Take flat screen TVs for example. When they hit the market they were really expensive. But shortly after the price dropped. That jacked up price overstates inflation. And with wage stagnation, many people don't include benefits to it. Here are some sources to look into https://www.nber.org/feldstein/WAGESandPRODUCTIVITY.meetings2008.pdf https://www.dartmouth.edu/~bsacerdo/Sacerdote%2050%20Years%20of%20Growth%20in%20American%20Wages%20Income%20and%20Consumption%20May%202017.pdf https://www.youtube.com/watch?v=s6FmhXQ32Wo&t=160s As a whole, there is data to suggest that wages have been stagnated. But there is also a lot of data and variables that exists that one can use to argue that wages have not been stagnated as well. Someone who just points to CPI inflation to make a strong argument, in my opinion, is pulling wool over your eyes. If you want more details than just ask. But that is why I say that wage stagnation is arguably a myth.
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  25.  Ghost Yuki  , that's fine, I agree wages could go higher. My point was that there is a lot more to the argument than just saying "wages have been stagnant". It is a lot more complex than that. Stagnant how? By what standard? CPI inflation? Why not PCE? Do you include benefits? What about the flaws of inflation such as inflation not considering technological advancements? Remember, in the 70s no one owned a smart phone. Cars today are much better than they were in the 70s. There is a lot more to the argument than what is being presented by the shallow talking points of wages have been stagnant. Bernie is doing a major disservice by pushing that point. Charities and help from the local society, in my opinion, is much more effective than federal programs. They can be micromanaged and it brings society together where more gets done as opposed to passing the buck to some centralized entity that people have little connections with. Wealth inequality is, arguably, great and a sign of a strong economy. On that point consider what wealth is. Wealth is not income as wealth is not liquidated. Most wealth from the wealthy is through the shares of their business. People claim that Bezos is a billionaires. In straight income, as in liquidated assets, that is not true. He has billions in wealth due to the shares in his stocks. He can't just liquidate those shares because doing so will cause the value to drop if he does it too quickly. And the fact that he owns those shares is where the value comes from. So the wealth inequality is a complex issue as well. Just pointing to it without further discussion does a major disservice for society as well.
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