Health care, bank stocks lead stock market lower

[Cancel 2016.11]

Do you & your friends still do that drinking/float around the pool hang? That sounded like a good hang. I'd be down w/ that hang.

You're right. The guys I hang with are actually more libbie than me, so they're not quite in SF's league - but they do have that misguided and pompous certainty that are his trademarks. I'm going to try to steer the conversation to lighter, more innocuous topics next time I get together w/ them.

Yep we do it all the time. We did it last weekend in fact. It'd be way better for you than hanging around with a bunch of guys who have SF's trademarked pompousness! I mean, I shudder just to think Onceler. LOL

 

[Onceler]

But the ACA brings in more revenue than it spends. It's an honest effort to pay for it and you just dismiss it out of hand because.

Because I've heard the same thing about Social Security & other huge programs throughout history. And no - SS is not fixable with a few tweaks. Let's not even start on that.

I'll just hope you & the CBO are right.

 

[cawacko]

Because I've heard the same thing about Social Security & other huge programs throughout history. And no - SS is not fixable with a few tweaks. Let's not even start on that.

I'll just hope you & the CBO are right.

I'm not trying to put incorrect words into Dung's mouth but my recollection on previous discussions of SS was him saying if we raise the SS tax if will take away a good part of the unfunded liability. The reason the Health Care deal pencils out according the CBO is because taxes are being raised. At what point do we reach where we realize we can't raise taxes anymore to make up for these shortfalls?

 

[Bonestorm]

I'm not trying to put incorrect words into Dung's mouth but my recollection on previous discussions of SS was him saying if we raise the SS tax if will take away a good part of the unfunded liability. The reason the Health Care deal pencils out according the CBO is because taxes are being raised. At what point do we reach where we realize we can't raise taxes anymore to make up for these shortfalls?

Revenues are the lowest they have been as a percentage of GDP since the 1950s. We have a long way to go before we can't raise taxes anymore.

 

[Phantasmal]

Onceler I think you may have been hanging out with a bunch of SF's who are telling you they know more about economics than you do! Your problem might be that you have no experience being a woman. See, I have learned through painful experience that men talk a lot of shit but basically know nothing about nothing and I know more than most of them, and when I want something done, I better do it myself!

Me and you need to hang out and I will have you cheered up in like 20 minutes. Too bad you are not on LI I would have told you to meet me for some bikini martinis and a chopped salad which is what i had for lunch. You would be totally fine right now.

We don't have outdoor pools in Anchorage, isn't that sad, when we hang it is at the lakes or rivers!

 

[Cancel 2016.2]

Yep we do it all the time. We did it last weekend in fact. It'd be way better for you than hanging around with a bunch of guys who have SF's trademarked pompousness! I mean, I shudder just to think Onceler. LOL

Not pompous... just far more intelligent.