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Comment Re:how many small businesses has Obama killed? (Score 1) 739

I see, so instead of constructively engaging to modify a plan built on a Republican plan, they decided to take their ball and go home. That's so mature of Republicans

The legislative agenda surrounding the 100% partisan ramming-through of the ACA precluded any Republican involvement. The Republicans put forth a constant barrage of their own ideas and (looking back on them) very accurate predictions about all of the wreckage that the ACA is now causing. Harry Reid and Nancy Pelosi ran the entire show, and shut down any involvement by Republicans.

  [...]

The Republicans had no ability to "constructively engage" in the creation and underhanded passage of the ACA. They could only shout out loud about how outrageous so much of it is, since their votes - in committee and generally in the house and senate - were incapable of impacting the law.

I guess this never happened. I quote:

A small group of key senators known as the Gang of Six was once looked at as the key to passing a bipartisan health care bill in the Senate.

But the group of Senate Finance Committee members has, instead, proved a time-sucking bust, with no compromise after months of negotiations and plenty of Senate Democrats peeved at the influence ceded to the gang's GOP members.

[...]

"No public option. No play-or-pay. No things that are going to lead to any rationing of health care. No interference with the doctor-patient relationship," says [Republican] Grassley. "About the only place we haven't made progress along the lines of what Republicans are wanting on the bill is in tort reform."

Comment Re:how many small businesses has Obama killed? (Score 5, Informative) 739

Lets look at the history of the Affordable Care Act, a.k.a. Obamacare. Back in 2008, then-presidential nominee Barack Obama ran a campaign with healthcare reform as one of its central issues. He advocated for universal healthcare but opposed an individual mandate. However, after input from experts that claimed that government-guaranteed healthcare would encourage too many free-riders, Obama decided to include an individual mandate as a central part of his healthcare reform efforts.

The individual mandate is largely credited as an idea by the conservative think-tank The Heritage Foundation as an alternative to a system in which the government pays for healthcare. It required each person to pay for their own healthcare and was proposed by Republicans during the Clinton era as a free-market solution that embodies the tenant of personal responsibility that Republicans claim to hold.

Once adopted by the Democrats and proposed in a bill on September 17, 2009, the Republicans staunchly opposed the measure. The Republicans, some of whom have been around long enough to have supported a similar bill during the Clinton administration, claimed that the individual mandate was an unconstitutional assault on freedom.

After 3 weeks of debate and town hall meetings, the bill passed through the House of Representatives and was sent to the Senate. The Democrats attempted to gain the support of moderate Republicans like Olympia Snowe, Bob Bennet, Mike Enzi, and Chuck Grassley. However, the moderate Republicans found themselves subject to intense pressure by the party to fall in line and oppose any healthcare reform effots.

The bill continued to be opposed by conservatives in the Senate who claimed that the bill's "public option" was a deal-breaker. The public option was government-run healthcare insurance that would be available to people alongside private health insurance in the market. Conservatives claimed that the public option would put private insurance out of business because the government is under no pressure to compete or turn a profit. After over 3 months of debate, the public option was dropped from the bill. Senator Grassley was quoted as saying:

"No public option. No play-or-pay. No things that are going to lead to any rationing of health care. No interference with the doctor-patient relationship," says Grassley. "About the only place we haven't made progress along the lines of what Republicans are wanting on the bill is in tort reform."

Despite this, it still took several last-minute concessions for conservatives to get the bill passed through the Senate on December 24, 2009, with support from independents and conservative Democrats to overcome the Republican threat of fillibuster.

The bill languished in the House of Representatives for 3 more months. In order to gets the admendments made to the bill back in the House, the Democrats had to win support from pro-life Representatives who worried that the bill would allow federal funds to be used to pay for abortions. To assuage anti-abortion politicians' fears, Barack Obama signed an executive order on March 21, 2010 to affirm that no federal funds could or would be used to fund abortions. The amendments were finally passed through the House and signed into law by Obama on March 23, 2010 (over 6 months after being proposed).

Businesses

Can Ello Legally Promise To Remain Ad-Free? 153

Bennett Haselton writes: Social networking company Ello has converted itself to a Public Benefit Corporation, bound by a charter saying that they will not now, nor in the future, make money by running advertisements or selling user data. Ello had followed these policies from the outset, but skeptics worried that venture capitalist investors might pressure Ello to change those policies, so this binding commitment was meant to assuage those fears. But is the commitment really legally binding and enforceable down the road? Read on for the rest.
Businesses

Why CurrentC Will Beat Out Apple Pay 631

itwbennett writes Working closely with VISA, Apple solved many complex security issues making in-person payments safer than ever. But it's that close relationship with the credit card companies that may be Apple Pay's downfall. A competing solution called CurrentC has recently gained a lot of press as backers of the project moved to block NFC payments (Apple Pay, Google Wallet, etc.) at their retail terminals. The merchants designing or backing CurrentC reads like a greatest hits list of retail outfits and leading the way is the biggest of them all, Walmart. The retailers have joined together to create a platform that is independent of the credit card companies and their profit-robbing transaction fees. Hooking directly to your bank account rather than a credit or debit card, CurrentC will use good old ACH to transfer money from your account to the merchant's bank account at little to no cost.
Businesses

An Algorithm to End the Lines for Ice at Burning Man 342

Any gathering of 65,000 people in the desert is going to require some major infrastructure to maintain health and sanity. At Burning Man, some of that infrastructure is devoted to a supply chain for ice. Writes Bennett Haselton, The lines for ice bags at Burning Man could be cut from an hour long at peak times, to about five minutes, by making one small... Well, read the description below of how they do things now, and see if the same suggested change occurs to you. I'm curious whether it's the kind of idea that is more obvious to students of computer science who think algorithmically, or if it's something that could occur to anyone. Read on for the rest; Bennett's idea for better triage may bring to mind a lot of other queuing situations and ways that time spent waiting in line could be more efficiently employed.

Comment Re:Let me get this right (Score 1) 839

One person can only buy so much.

There are far more things available for purchase than any one person's money can buy; he'll run out of money before he runs out of things to buy or time in which to buy them. Consider politicians, they're very expensive and don't even stay bought!

Technically you're right but you miss the point. How many jobs does he support with his demand for a gold and diamond encrusted watch that costs 10,000x more than a normal watch? A whole lot fewer jobs than 10,000 normal watch buyers can support. Those normal people drive the economy with their demand, not the rich guy.

Money saved at a bank doesn't stay in Scrooge McDuck's money bin; banks need to loan it out so that they can offer interest, pay their employees, and make a profit. Most of the money in savings accounts is loaned out to allow housing construction.

So the bank takes the money and... invests it. Refer back to my argument about investing in the previous post. Who's going to buy houses when there's no middle class? Who's going to start or expand their widget business when most people can barely afford their food and rent?

Comment Re:This looks like a nasty trick. (Score 1) 839

What businesses will be looking to expand in an economy where the wealth concentration is going in the direction it is now? Without a middle class to spend money, there is no demand. Business expansion is driven by demand and demand only. There is no other reason to expand, there is no other reason to hire new workers.

Comment Re:Inequality isn't harmful (Score 1) 839

You're wrong. Income inequality is harmful. And not just because it hurts poor people's feelings.

Demand, people buying things, is what drives the economy. Person A that makes 100x the money that Person B does, doesn't add 100x the demand to the economy. One person can only buy so much. So, then, Person A's extra money is either going to go into savings (not good, that money is lost, as far as the rest of the world is concerned) or the money is going to go into investing. Investing plays an important role in the system but it cannot be the basis of the economy, no matter what anyone tries to tell you. Workers are hired and businesses are expanded for no other reason than to fulfill demand.

This is why income inequality is bad. Its growth strangles the economy by shifting money from the masses, who would use that money to drive the economy, to the few who will just put the money into savings when there is nothing worth investing in.

Comment Re:Let me get this right (Score 4, Insightful) 839

Demand, people buying things, is what drives the economy. Person A that makes 100x the money that Person B does, doesn't add 100x the demand to the economy. One person can only buy so much. So, then, Person A's extra money is either going to go into savings (not good, that money is lost, as far as the economy is concerned) or the money is going into investing. Investing plays an important role in the system but it cannot be the basis of the economy, no matter what anyone tries to tell you. Workers are hired and businesses are expanded for no other reason than to fulfill demand.

This is why income inequality is bad. Its growth strangles the economy by shifting money from the masses, who would use that money to drive the economy, to the few who will just put the money into savings when there is nothing worth investing in.

Privacy

The Correct Response To Photo Hack Victim-Blamers 622

Bennett Haselton writes As commenters continue to blame Jennifer Lawrence and other celebrities for allowing their nude photos to be stolen, there is only one rebuttal to the victim-blaming which actually makes sense: that for the celebrities taking their nude selfies, the probable benefits of their actions outweighed the probable negatives. Most of the other rebuttals being offered, are logically incoherent, and, as such, are not likely to change the minds of the victim-blamers. Read below to see what Bennett has to say.

Comment Re:If the libs are for it... (Score 1) 283

There would never be enough choice in ISPs that Net Neutrality would be unnecessary. It's simply too expensive to run a dozen or more lines to each home. Even if locals opened up land access to more competition, it's likely that the few small/medium companies that actually popped up would be bought up by their larger competitors. We'd wind up with the same thing we have in the cellular service industry: a few choices, but none of them good. The ISPs that are left will always favor "fast lane" style service because it is going to be profitable for them.

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