Majivo wrote:
I'm glad to see you agree that you're wrong about the health care bill increasing the deficit, then.
Sigh...
That's weak, even for you.
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I mean, you don't know right now how many dollars will be spent or saved by it, so obviously you have no idea what it does with regards to the deficit.
And neither do you. Are you really this dense, or just pretending?
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Good thing we have people like the CBO to do this math for us, people who actually have access to the numbers that you don't.
So it's a good thing there's someone else to do your thinking for you. Is that really your defense?
Let me spell it out for you:
The CBO was asked to do a 10 year budget scoring of the bill. The bill specifically begins raising/redirecting revenue into the program on day one of that 10 year period. It only begins funding the major and most expensive portions of the bill starting on year 5. Now, the CBO is only scoring this for 10 years. Thus, they add up the 10 years of revenue and then subtract the 6 years of cost. And the result is that the bill comes in after 10 years costing just a small amount less than it gains in revenue.
With no changes at all, and assuming that every single economic factor counted on in the bill will occur exactly as the Dems predicted, the bill will begin generating a deficit every year after the 10th year and will continue forever in the red. That is not speculation. That is not a guess. That is a fact based on the numbers the CBO used for the scoring.
Get it? The statement that the health care bill will generate a deficit is absolutely true unless one restricts the time frame to just 10 years. Since the question didn't restrict itself in terms of timeline, how can you insist that said claim is false?
And it's worse than that. One of the assumptions used by the CBO to do the 10 year scoring was that the program would gain revenue from people being mandated to purchase health insurance even if they didn't need it. This revenue assumes that if enough healthy people pay into the system, it'll provide a positive amount of cash flow and make the program solvent.
Since that is in grave danger of being declared unconstitutional, it's reasonable to argue that even within the 10 year time frame in question, the health care bill will generate a deficit.
Do you have any reason to suggest otherwise? Simply repeating that the CBO said it would generate a surplus is a moronic response. I've shown you why that's a moronic response. Can you provide any reason why my assessment about the CBO scoring is wrong? If not, then shouldn't you maybe drop that whole line of reasoning?
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Or are you going to reverse your position on the stimulus and pretend that you can know, as Allegory put it, the direction of the resultant without the magnitudes of the components?
I'm thinking that my answer to Allegory went completely over your head. It's like trying to explain calculus to a 1st grader. You simply do not possess the tools to understand what I'm saying. The difference being that the 1st grader knows and accepts this, but you seem to think that because you don't understand something, it must not be true.