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Great White North
Voilà, the insurance death spiral - WSJ
2013-10-23
Posted by:Besoeker

#2  Why healthkare.gov isn't like Priceline:

One reason for the snafu-laden rollout is that the administration apparently delayed in setting key rules and specs so no discussion drafts would be floating around before the 2012 election. Why? Because the media would then inevitably dig into the question of who wins and loses under ObamaCare's thicket of explicit and implicit subsidies.

A second reason for the pestilential rollout is complexity created by the requirement that users enter and confirm their personal information before they begin shopping. Some speculate the administration's goal was simply to ensure those customers who are entitled to big discounts aren't scared off by seeing only unsubsidized prices. But success depends on signing up enough unsubsidized customers. A likelier motive was to make the healthy and affluent, once they enrolled, fearful of unwanted IRS attention if they didn't follow through on their mandated duty to buy overpriced insurance to keep the scheme afloat.
Posted by: Pappy   2013-10-23 22:24  

#1  As per TOPIX + WORLD NEWS, will the US see its Debt rise to US$20.0Trilyuhn by the time the Bammer leaves office in Jan 2017???

Perts are now arguing that the post-Shutdown USoAMerika can no longer NOT rely on QES andor similar massive or excessive deficit spending lest it risk de facto collapse - BY THIS SCOPE, IT MEANS THE GOVT. MUST CONTINUE SLOWLY BUT STEADILY, + OF COURSE PCORRECTLY-DENIABLY COINCIDENTALLY, TAKEOVER MORE + MORE INDUSTRIES + SERVICES NORMALLY OPERATED BY THE US PRIVATE SECTOR.

In the LT, the only alternative to expanding the debt levels is to engage in Soviet-style "write-offs" of same, i.e. FUDGING THE BOOKS + PRETENDING THE DEBT NEVER EXISTED.

It didn't work nor saved the Cold War USSR from itself - ditto for post-2015 OWG Amerika, the OWG Mighty USSA or the OWG Weak USRoA Gobal SSR.
Posted by: JosephMendiola   2013-10-23 20:00  

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