View Single Post
Old 06-08-2009, 05:42 PM   #4
spence
Registered User
iTrader: (0)
 
spence's Avatar
 
Join Date: Nov 2003
Location: RI
Posts: 21,183
Quote:
Originally Posted by justplugit View Post
Common sense says an undertaking like that should be formulated gradually over a period of years, and in imho shouldn't even be considered until the economy is sound and completely back on it's feet.
We haven't seen a plan so it may be too early to say how rapid they will propose to enact change. That being said, a large system of 300+ Million people can only change so quickly. I'd be surprised if this wasn't a multi-year proposal.

As for the part about the economy, that doesn't make a lot of sense. The looming health care problem is bigger in $$$ terms than any pressing issue we face, and I'm not sure there is a free market solution. Waiting 2-5 years for the economy to recover could very well put the solution out of reach, if it isn't already.

I was a bit surprised Obama flipped on taxing health benefits after making it a campaign issue. While this would look to be a progressive tax, it's certainly going to get some serious opposition and is a looser from a PR perspective.

-spence
spence is offline