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View Diary: Senate Dems could blow this (283 comments)

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  •  It's more complicated than that (0+ / 0-)

    It's not quite that clean cut:

    1. Medicare is notorious for not paying enough to cover the costs of the services being rendered.  This is why a number of providers do not take Medicare.
    1. The millionaire insurance execs employ millions of claims adjusters, agents, IT workers, etc.  Killing the insurance companies hurts those people too.

    I don't disagree with your basic point, but it's not as simple as it might seem.

    •  The claims adjusters can transition to the new (3+ / 0-)
      Recommended by:
      chigh, elwior, indres

      system, the IT workers can find jobs in the new green industries, and everyone else will just have to find new jobs doing something else that may not pay quite so handsomely.

      Oh, not enough jobs to go around in this country? Tell me something I don't know.

      I've been out of work for two years. I don't have any sympathy for anyone who works for a bloodsucking bunch of bastards like the insurance companies.

      There should be new industries to employ us all, but until we get them, the insurance industry is the LAST bunch that should be subsidized.

      "The difference between the right word and the almost-right word is like the difference between lightning and the lightning bug." -- Mark Twain

      by Brooke In Seattle on Wed May 06, 2009 at 03:53:32 PM PDT

      [ Parent ]

      •  Well... (0+ / 0-)

        First of all, what are all these IT jobs you believe are coming from green industries?  Making an industry green isn't spontaneously creating IT jobs.  Making things green makes the economy more sustainable and makes for some growth in jobs because of building the needed infrastructure.  IT jobs will certainly be created along with that, but not nearly on the scale that would be necessary here.

        Second of all, putting these people out of jobs will hurt you too.  They'll be competing for the same jobs you're competing for.  Furthermore if they aren't out there spending their incomes, that has a further impact on the economy which will probably hurt your job prospects as well.

        Third of all:

        There should be new industries to employ us all, but until we get them, the insurance industry is the LAST bunch that should be subsidized.

        Do you think somebody waves a magic wand and suddenly there's industry?  We're dealing with a generational decline in our economy.  In the 80's the economy was doing badly, and rather than address the underlying problems, we borrowed and borrowed.  Now we're paying the price for all of that.  We're likely to have a decade or more of reduced growth and that's going to make it difficult for those industries to gain traction.  

        Look, I'm not saying that we should keep the insurance system we have now because of these issues.  I'm saying that we need to consider the fallout of this.  That the consequences of our actions are deeper than depriving some CEO of a new mansion.  That we need to keep in mind that a transition like this is large, complicated, and expensive.  We should still do it, but we need to deal with all of the consequences of that move proactively.  

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