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Ardennes posted:Also, I think leftists if not even many progressive liberals have given up on reforming the Democratic party because, in all honesty, it is an institution that resists all serious change and that it is very unlikely to ever pass anything which would seriously restrict business. It is why it is an endless discussion because it is a fundamental different philosophical point of view. This is obviously not correct. Say what you will about the affordable care act and it's formation, but it did seriously restrict the health care business. And not because it is any sort of socialism, but because it can be sold to conservatives as being like socialism, it's being slowly dismantled by the Republican party.
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Dec 26, 2020 17:21
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| # ¿ May 10, 2024 20:45 |
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Yeah, the thing is though that although campaign contributions from the health insurance industry have always been biased towards Republicans and conservative groups, they took a decisive and visible swing in more so in 2012, tapering off only this year. https://www.opensecrets.org/industries/indus.php?ind=f09 When the ACA was in place, the health insurance industry evidently decided they didn't like it and were big on funding an opposition. And if we're talking stocks, most of the stock market was soaring during that time. The Dow jones tripled from beginning of year 2010 to end of year 2020. twerking on the railroad fucked around with this message at 22:00 on Dec 26, 2020 |
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Dec 26, 2020 21:58
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Ardennes posted:There has been little sign that the health insurance industry actually wants to get rid of the ACA other than "tweaking" it more to their benefit, why would they give up the money they are getting. Anthem did twice as well as the DJI as a whole...that is pretty drat good (maybe not Tesla level but that is a separate conversation). Please don't put things in quotes as if I said them. I don't doubt that health insurance companies are doing well. But for whatever reason they don't seem to like the ACA, and they have signaled so with their campaign contributions. It may not be in their best interests to do so, but markets are hardly efficient or reflective of the economy. Phyrric victory or not, they want to defeat the ACA- or at least did until recently.
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Dec 27, 2020 01:29
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It's in the link. Look where the campaign contributions are going and how that shifted in 2012.
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Dec 27, 2020 03:31
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Cpt_Obvious posted:Umm...what was Biden's position on the ACA again? Yes it did shift in 2020. Something health related did happen this year. Also that supreme court thing. But look at the shift in 2012.
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Dec 27, 2020 04:33
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Actually looking closer, something similar happened in the Clinton years. They really wanted to bury any possibility of further healthcare reform. Edit: Anyway this is kind of a derail at this point. I don't have any greater point to make than that Dems are perfectly willing to pass stuff that businesses don't like. twerking on the railroad fucked around with this message at 04:37 on Dec 27, 2020 |
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Dec 27, 2020 04:35
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| # ¿ May 10, 2024 20:45 |
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Cpt_Obvious posted:I find it rather strange that you keep ignoring the fact that they had a very large part in writing that law, especially given it's a discussion as to whether or not they like it. Can you explain why insurance companies do not like the government to force people to give them money? That seems to be the missing piece. I'm not an insurance executive or anything close to it so the best I could do would be to guess and that would be a waste of everyone's time. But they seem to. The bit about who's got power doesn't fit. Democrats won huge majorities in 2008 and both that and the following midterm featured more money given to Republicans than Democrats. Clearly it isn't just a matter of who's in power.
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Dec 27, 2020 05:30
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