Is there an alternative to Obamacare?

[@fmannd]

Grumpy Economist FTW!

[@philosophe5319]

John Cochrane swept the floor.

[@xIWRESTLEABEARONCEx]

My exact thought lol

[@1986Sane]

He killed it!

[@sweetaznspice1]

He sure did, he's one of the most exciting/sane economists alive today. Love his logic and common sense to explain and approach to solutions to all the economic issues facing America. So many misinformed folks are against "capitalism" however they don't realize that what we have currently is a particular strain, of crony/financialized capitalism which is not what Adam Smith advocated in his masterpiece The Wealth of Nations and his other less well known work, The Theory of Moral Sentiments. Check out Prof Cochrane's newest book, The Fiscal Theory of Price Level which is a deep dive into an important aspect of monetary economics if you're into that stuff.

[@sexpolitics7269]

This is not a good debate... 1. Matthew is completely wrong on just about everything he's said.... 2. John ended up being proven right even more today. 1. Life expectancy myth Life expectancy is a propaganda metric. 2. Infant mortality This isn't measured the same across countries. Infant Mortality and Life Expectancy are unreliable measures for comparing the US Healthcare systems with others. - The United Nations Statistics Division, which collects data on infant mortality, stipulates that an infant, once it is removed from its mother and then “breathes or shows any other evidence of life such as beating of the heart, pulsation of the umbilical cord, or definite movement of voluntary muscles… is considered live-born regardless of gestational age.”16 While the U.S. follows that definition, many other nations do not. Demographer Nicholas Eberstadt notes that in Switzerland “an infant must be at least 30 centimeters long at birth to be counted as living.”17 This excludes many of the most vulnerable infants from Switzerland’s infant mortality measure. Italy has at least three different definitions for infant deaths in different regions of the nation.18 The United Nations Statistics Division notes many other differences.19 Japan counts only births to Japanese nationals living in Japan, not abroad. Finland, France and Norway, by contrast, do count births to nationals living outside of the country. Belgium includes births to its armed forces living outside Belgium but not births to foreign armed forces living in Belgium. Finally, Canada counts births to Canadians living in the U.S., but not Americans living in Canada. In short, many nations count births that are in no way an indication of the efficacy of their own health care systems. …some infant deaths are tabulated by date of registration and not by date of occurrence… Whenever the lag between the date of occurrence and date of registration is prolonged and therefore, a large proportion of the infant-death registrations are delayed, infant-death statistics for any given year may be seriously affected. The nations of Australia, Ireland and New Zealand fall into this category. Inconsistent measurement explains only part of the difference between the U.S. and the rest of the world. Were measurements to be standardized, according to Eberstadt, “America might move from the bottom third toward the middle, but it would be unlikely to advance into the top half.”22 Another factor affecting infant mortality Eberstadt identifies is parental behavior.23 Pregnant women in other countries are more likely to either be married or living with a partner. Pregnant women in such households are more likely to receive prenatal care than pregnant women living on their own. In the U.S., pregnant women are far more likely to be living alone. Although the nature of the relationship is still unclear (it is possible that mothers living on their own are less likely to want to be pregnant), it likely leads to a higher rate of infant mortality in the U.S. If you account for obesity, homicide, car accidents, and drug abuse America becomes #1. 3. Why is Healthcare so expensive today... because of solutions pushed by Matthew. Medicare, Wage controls under FDR which made companies get into the Healthcare market, the Best Price system which simply raises cost for everyone else to subsidize others, insane regulations which make innovation so difficult that it takes 12 years and $2.6Billion, credentialism, bottle necks on how many residency programs can exist and how many new doctors can graduate and laws that keep nurses from simply opening their own office / nurse practitioners, regulations which bloat the admin via billing and coding offices, etc.... 4. What were the effects of Obamacare? Thankfully we're in the future now and there's no one attempting to defend that terrible piece of legislation....

[@90sokrates]

A lot of people may not work at all........... THE HORROR

[@roaldboe]

Cochraine is not grumpy, he is desperat...

[@90sokrates]

soooooooo.... medicare for all