Comments by "Ace1000ks1975" (@Ace1000ks19751982) on "Fox News"
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Obamacare would work in theory if most young workers bought into it; however, most young workers are part time and temp workers who make very little money.
If most of these young workers who had jobs that paid a living wage and full time positions, they could afford it, and it would bring down the cost. This is not the case now. Most 21 to 35 year old people have a lot of debt from college/university, a portion of them are underemployed. At the same time, the Fed Reserves 0% interest policy drove up the price of real estate and rent prices. A lot of these young people have a lot of debt, jobs that don't pay well, temporary jobs, and sky high rent. On top of that, they are forced to pay health insurance. So, this is why they aren't enrolling in Obamacare.
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peterodz67 ruiz, a lot of the money in Wall Street are from foreign interests. Wealthy foreigners buy million dollar apartments in New York City, Los Angeles, San Fransico, and other major U.S. cities as a investment. Trump's anti-foreigner policies will cause a lot of them to leave. Not all foreigners are poor, there are foreigners who have a lot of money that come to the USA. Since most of these foreigners made their money in their own countries will have their businesses affected in a negative way. They will have less money, so they will put less money in U.S. equities, real estate, etc.
There are foreign car companies that assemble cars in the USA, like Honda, Toyota, BMW, Mercedes Benz, Hyundai, Kia, etc. As a result of Trump's tariffs, the parts they import in the USA will cause the prices to go up. You have the steel tariffs and that will raise the price of cars. This will make these cars more expensive, so less people will buy them. This will result in people getting laid off. American car companies import parts from overseas and from neighboring countries, like Mexico and Canada. Trump's tariffs will drive up the price. If the car price went up 30% that would hurt.
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Tom Dobyns, that won't happen. The American dream existed in the 1950s to the 1970s because the U.S. industries didn't have any competition in the world. Much of Europe was pretty much destroyed, and much of Asia was also destroyed during World War 2. The U.S. didn't really have anyone to compete with. Now, U.S. industries have to compete with German companies, French companies, Japanese companies, Korean companies, Chinese companies, Russian companies, Taiwanese companies, countries in the European Union, and many other countries. Other countries make the exact same things American companies make.
You living in the past, but the world doesn't stay still. The world always changes you dinosaur.
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