...
The US Postal Service just announced how much more they are losing now
due to retiree healthcare benefits they are now paying in advance.
These people have absolutely no concept of insurance.
The issue is the purpose of insurance. All else derives from
that. Most people believe the purpose of medical insuarance is
to insure that you get medical care when you need it.
Shucks, I'm not an expert on the subject but I know more
about it than Obama and his congresscrook henchmen do. Nor
Yet all I have seen from you is "risk management". For most
people the only risk they are concerned about managing is the
risk they will not get medical care, or go bankrupt getting the
care.
am I an expert on business practices - although I do have a
...
graduate level <g>) - but I know that if the government
raises the costs of hiring or keeping employees (such as by
raising the unemployment insurance premiums, which are a
percentage of payroll, or raising the minimum wage level)
that businesses aren't going to run out and hire people or
grant raises.
Unemployment insurance should be paid on a sales tax, not a
payroll tax. That being said, the bill has to be paid. The
minimum wage is still not enough to live on decently. A living
wage must be the goal.
Government employees, including congresscrooks and the
executive, always assume that whatever they do will
have no effect on the population's behavior - despite a
century and a half of evidence that they're wrong. People
will alter
On the contrary, they assume it will have an effect. Their
proble is, they don't recognize what the effect will be.
That and trying too hard for concensus. Now it's the fear
of the deficit that is forcing anti-deficit responses when
stimulus is really needed.
Some people have been known to refuse overtime, and
sometimes just quit working for several weeks or months
(usually they own the company and can do that), to avoid
making 'too much money.'
Which is rare, and irrelevant. Someone is going to do the
overtime, someone is going to do the work. Reagan claimed
one year he stopped making movies in January to keep from
paying too much in taxes. Does anyone think those movies
didn't get made with someone else? Does anyone think the
art of the theatre was deprived of any great work?
I remember back in the late 1960s that a fellow in my unit
- who was independently wealthy and a real SOB of an
attitude case - tried to refuse a (n automatic) promotion
from E-3 to E-4 because it would cost him more in income
taxes than he'd get from the promotion. IIRC the AF made
Which, of course, was highly unlikely. He probably bought
into the idea that all your income is taxed at the marginal
rate.
him take the stripe anyway. Obviously, he did not plan to
make the AF a career - but a couple of years later I noted
that a fellow with the same name and initial, now an E-5,
was being transferred from Wakkanai, japan, to someplace in
Europe (while I don't KNOW it was the same guy I suspect
that it was, and he would've been on his second hitch).
IOW, it didn't turn out to be such a bad deal after all.
I find it both amazing and amusing that after 80 years the
American people haven't figured
out that they're paying ALL of their Social Security and
Medicare "contributions" - that half that the employers are
supposedly paying is coming out of the employee's paycheck
just as surely as the employee's half is, the employer's
half just doesn't show up on the pay stub or W-2.
I am amazed that Americans haven't realized the employer
pays all of the social security and medicare tax. The
employer pays all taxes of any kind, as well as all other
bills. Unless you have a money tree in your backyard, that
is.
as Obamacare is concerned, were I running a big insuror I'd
give a year's notice policyholders that the company was
abandoning the , and then do it. Little known
Go right ahead. Other will pick it up. Every other
industrialized country has national health care. Most use
an insurance based system. Insurance companies still
compete for clients under those systems, with a much lower
overall cost.
It works, deal with it.
that a LOT of small insurors that marketed various
insurance products have that market, my former employer is
one of them.
And that was before Obamacare. The insurance industry has
been taken over by a few big players, and the small
operators have been squeezed out. IOW, insurance does not
have an effective free market.
BOB KLAHN
bob.klahn@sev.org http://home.toltbbs.com/bobklahn
... "Ho, haha, guard, turn, parry, dodge, spin, ha, whoops!!"
--- Via Silver Xpress V4.5/P [Reg]
* Origin: Doc's Place BBS Fido Since 1991 docsplace.tzo.com (1:123/140)