"Repealing the Job-Killing Health Care law act"

[GIGObuster]

@Sam_Stone

You did notice that among the signers was a former director of the CBO and an assistant director of the CBO, right? Do you think they might have an inkling of what the CBO does, and what variables they look at? Also, don’t you think they’re capable of reading the CBO’s reports?

Also, one of the people was the scientific council chairman for the National Center for Health Statistics. I think he might have some knowledge of the kind of variables go into health care economics, don’t you?

Then of course there are four former members of the Office of Management and Budget, including its former chief economist, and a former chair of the White House Counsel of Economic Advisors (the position Christina Romer held).

As for knowing whether this bill might kill jobs, one of the signatories was the former chief economist for the U.S. Dept of Labor. I’m guessing he actually knows something about labor economics.

One of the signatories was Edward Prescott. He won the Nobel prize “for his contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles”. He’s not just an economist, he’s a Nobel-winning macroeconomist whose focus was the effect of economic policy on the business cycle.

Nobel Laureate Robert Lucas also signed this, and he’s one of the greatest economists of the 20th century. He’s the father of rational expectations theory, and he did work developing the new Keynesianism after the stagflation of the 1970’s.

What part of “not all” do you do not understand?

Another thing I notice from this tactic, there is almost nothing on the way of details regarding an alternative, it is when that is fleshed out when signers then become harder to get.

[elucidator]

On a personal note, I am pleased to see my own beloved Baylor, home of the feared and dreaded Baylor Bears, is an A-list college. This will cement the reputation of Waco, “The Athens on the Brazos.”

[fumster]

Someone should tell Europe they are violating the laws of economic physics. Somehow they cover everyone, have better results, and spend dramatically less money on healthcare. Who are we going to believe, conservative, ivory tower theorists or our own lying eyes?

[Hentor_the_Barbarian]

@Sam_Stone

Just a bunch of lightweight conservatives from second-tier schools, huh? You think that’s a fair description? Let’s see, here are the former titles of the working economists who signed the letter:

Director, Congressional Budget Office (CBO)
Assistant Director, Congressional Budget Office (CBO)

Do you give more weight to the actual Congressional Budget Office, or to people who were formerly associated with the CBO? Or do you decide simply by whichever is saying something in accord with your foregone conclusion?

[gonzomax]

@sh1bu1

Someone should tell Europe they are violating the laws of economic physics. Somehow they cover everyone, have better results, and spend dramatically less money on healthcare. Who are we going to believe, conservative, ivory tower theorists or our own lying eyes?

Somehow we are to accept that keeping health care as a cost of doing business is a good idea. If it is, then why not have auto and life insurance plans get funded the same way.