The President and the Economy.

How about choice? How many countries that switched from a private health care system to a public health care system have regretted the decision and switched back? If an American-style private health care system is better surely the advantages must be obvious to other people and they would want to switch over.

I’m not here to debate healthcare. I merely pointed out that your metric was absurd. Actually, so is the point you make above. If you care to string a whole list of them together then start yet another thread on healthcare.

Regulations have very little to do with job creation, or lack thereof.

They also have better medical care . They don’t declare bankruptcy if they get sick . They don’t lose their homes if a family member gets a catastrophic illness.
Cost is very important though.

Yeah, but that’s a meaningless figure because it doesn’t take into account the benefits of regulation.

Food-borne illness costs $152 billion a year; assuming regulation of food processing, sale and packaging prevents half of all potential food poisoning cases (which is a pretty conservative estimate), the FDA’s food regulations alone save the country $150 billion.

You’re certainly not here to debate it very well.

You came into a thread that was discussing a different topic and took a shot at healthcare. Was this an attempt to sidetrack the discussion or just a drive-by?

I’m sure you think that response was clever. :rolleyes:

I’ve debated this topic in numerous threads and have no interest in responing to your simplistic points one by one. If you are capable go back and look at the post I was responding to. My point, if you are unable to grasp it, was that regulations may, in fact, place a heavier burden on the economy than tax policy.

Obamacare isn’t a regulation.

…is the title of a particularly dull children’s book.

You are either trying to whoosh us are have very little understanding about how things work in the business world.

no offense intended.

Your point is valid. That is the total cost without regard to benefit. But, even Obama wants to get rid of many regulations that are outdated and harmful to the economy. No doubt many of the regulations have little benefit and large costs. I don’t have any hard numbers, as I said, but I don’t think regulations can be dismissed with regard to costing the economy and this cost may equal or exceed that caused by tax policy (at the lower end)

This might be the textbook definition, but has very little relationship to the way things really work. Ask yourself this: would Obamacare, or some derivative of it, actually have passed without the President driving the agenda? Would the Congress have taken those hits and spent the political capital (which were amply demonstrated in the following elections) if the Pres didn’t have a hard-on for HCR?

This is so untrue I don’t know even where to begin. Clearly you don’t deal with Government much.

Of course it is not a regulation. It is many regulations. HHS has been busy writing all the regulations pertaining to HCR. Here is one story on how 6 pages of the law has resulted in 429 pages of new regulations:

http://www.usnews.com/news/washington-whispers/articles/2011/04/07/6-pages-of-obamacare-equals-429-pages-of-regulations

That’s the point. Whoever Douglas Elmendorf is, he is guessing when he says Obamacare will cost 800,000 jobs, because the regulations which implement the legislation don’t exist yet.

Wow! Elmendorf is the CBO director. I assume he is working with the numbers that congress supplied him with.

The president runs on a platform and he is somewhat committed to attempting to get his promises met. “Obamacare”, was a popular program and a very good idea. The Rightys and Fox have been ululating about it so loudly and so long, that people who are not too bright have been swayed that it was rammed through even though everybody hated it. That is simply wrong. It has plenty of public support . It should now.

I notice you didn’t answer the question, before you changed the subject (“but Obamacare is a good idea! Think of the kids!”)

Do you now realize that the President is something more than an idle bystander when it comes to programs getting passed? That the first time he shows up is *not *with his pen in the Rose Garden?

And you have no grasp of economics or the laws of supply and demand.

The folks at JMU who gave me my MBA with a concentration in Econ might disagree with you.

Regulations have EVERYTHING to do with job creation. Everything. Maybe more than tax policy, even. Speaking as a guy who creates jobs all the time, I know.

I’ve been open about my quals and background - if you want to present something more substantial than foolish one liners, I’ll consider a conversation with you.

Then you should ask for your money back.