Become a fan of Slashdot on Facebook

 



Forgot your password?
typodupeerror
×

Comment Re:web sites (Score 1) 400

Its not easy, and government is bad at this stuff in the first place.

Which probably means its not a good idea to count on them doing it. The ACA should have tweaked the regs to force existing insurance to cover more people, and left it at that. Depending on government to build and maintain a market is asking for disaster.

Comment Re:bitch and moan (Score 0) 400

Bullshit. The ACA was fully funded and largely untouchable at the federal level. $400m for this system and two years? Please.

Government should not be in the business of business. The only way the ACA could have worked is if there were competing private for profit companies building the exchanges and getting a cut based on volume.

Comment Government (Score 3, Informative) 400

What went wrong? Government.

The ACA has some great theory behind it. Assuming that the federal government will be able to operate and maintain a system like this in a cost effective fashion is lunacy. It as bound to fail.

Also don't tell me it was Republican "starve the beast" strategy. The ACA was fully funded and largely untouchable. By any reasonable standard the roughly $400m spent on implementing this was incredibly excessive. If a private company had wanted to build this system for profit, it would have been done for under $100m. The big mistake of the ACA was that it did not allow for the creation of privately run and owned exchanges.

Comment Re:1% (Score 1) 165

The modern notion of a middle class is a complete aberration, and a bit of a misnomer. The middle class has only really existed since the mid 1900s, and previously no society has ever had one. The American and European middle class only came into existence because of our society's ability to extract wealth from other countries.

The American middle class is in fact part of the global 1%. As America's ability to control foreign economies and resources decreases, the lower echelons of the global 1% who live in America may experience some slight discomfort.

Comment Re:A bunch of spineless wimps... (Score 1) 213

Cconsider this. I go and raise $1m to start a company, my investors get a 30% stake, I take 60% and set aside a 10% employee pool.

During year 1 I will spend it all:
- Investors will get zero $0k.
- I'll get salary at $100k
- 10 Employees share get $800k.

So for year one, the employees get almost ALL of the economic benefit. Investors get by far the least and have paid for everyone else. Yet you call them parasites?

Year 2 & Year 3, likely more of the same. For years the investors will pay for everyone else, in exchange for no return. In all likelihood they will never get any return at all. Maybe, 1 in 6 companies will be profitable and the investor will see a return. His return needs to exceed the sum total of his investments across all 6 companies, otherwise he is at a net loss. Meanwhile everyone else is always at a net gain.

Slashdot Top Deals

Trying to be happy is like trying to build a machine for which the only specification is that it should run noiselessly.

Working...