CBO set to become massively less reliable.

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boomerang

Lifer
Jun 19, 2000
18,883
641
126
How accurate is the CBO now? Is there a breakdown of their projections verses reality somewhere?

Honestly, whenever I've heard a CBO report mentioned, I just assume that the numbers are pulled out of someones ass. It never occurred to me that they might be accurate.
They're not accurate if they are fed shit. The most recent instance of that and in an epic proportion was Obamacare. Backload a bill with costs that will be incurred over ten years out and whatever the CBO comes up with is meaningless. Combine that with legalese designed to move the goalpost in a specific direction and garbage in, garbage out.

This is just the start of leftist whining and wailing because Republicans control Congress. Swap the control and it would all be good. Did you hear any of them complaining about Obamacare and the CBO? No because it scored in the favor of Obamacare. There you go.

Trickle-up poverty will remain as the status quo. But it's really, really bad this time because the other team will get to orchestrate it. Give me a fucking break.
 
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BoberFett

Lifer
Oct 9, 1999
37,562
9
81
Lol at the apologists!


It's funny to hear so called fiscal conservatives basically support what amounts to hiding spending increases through "projected" income.

When government spending increases and they start whinning again, I'll point to this thread and show these dumb asses how they supported such garbage.

Huh? Wasn't that the rationale for ACA? That somehow the crystal ball tells us we'll save money after 10 years, assuming everything goes perfectly to plan, and the tea leaves were correct?
 

fskimospy

Elite Member
Mar 10, 2006
87,963
55,354
136
They're not accurate if they are fed shit. The most recent instance of that and in an epic proportion was Obamacare. Backload a bill with costs that will be incurred over ten years out and whatever the CBO comes up with is meaningless. Combine that with legalese designed to move the goalpost in a specific direction and garbage in, garbage out.

This is just the start of leftist whining and wailing because Republicans control Congress. Swap the control and it would all be good. Did you hear any of them complaining about Obamacare and the CBO? No because it scored in the favor of Obamacare. There you go.

Trickle-up poverty will remain as the status quo. But it's really, really bad this time because the other team will get to orchestrate it. Give me a fucking break.

The costs of the ACA so far have been pretty much in line with the CBO's projections. You would know this if you ever read any news that wasn't from right wing organizations. Also, the CBO routinely analyzes its accuracy looking back. Considering the difficulty of projecting out that far their track record is pretty good.

I am 0% surprised that boomerang's response to such a transparently shitty thing is to desperately claim that everyone already did it anyway. If that were the case, no rule change would be necessary.

Basic, basic logic here. You just need to use your brain a little more.
 

fskimospy

Elite Member
Mar 10, 2006
87,963
55,354
136
To be fair I'm insured but if I had to use it I'd go bankrupt, as I believe most people would. Great success!

No different than having no insurance. Other than the penalty there actually isn't much reason to get coverage. I'm sure its managed to suck some people who were struggling with say diabetes on low income to just give up say fuck it and go on medicare. Also a great success? Whatever. So long as you can put it in your partisan bullshit column is all that matters right?

You previously said your deductible and maximum out of pocket expenses per year were a few thousand dollars. That would send you into bankruptcy? More importantly, you think debts of a few thousand dollars would send most people into bankruptcy?

I looked up insurance using the exact parameters you supplied before, btw. It bore little resemblance to what you claimed. In fact, it seemed to be broadly similar to the 'good' insurance you were complaining about losing.
 

fskimospy

Elite Member
Mar 10, 2006
87,963
55,354
136
Well when you peg the reimbursement rates to medicare-like reimbursement costs sure did go down! You just can't find a doctor! Ha!

You guys don't know anything about healthcare.

You most certainly can find a doctor, and I know an large amount about health care both from research and work that I've done as well as a very unfortunate personal experience.

I know a number of people on not just medicare, but medicaid, which has even lower reimbursement rates. They can find doctors no problem. Care to explain this using your superior knowledge of health care?
 

theeedude

Lifer
Feb 5, 2006
35,787
6,197
126
To be fair I'm insured but if I had to use it I'd go bankrupt, as I believe most people would. Great success!

No different than having no insurance. Other than the penalty there actually isn't much reason to get coverage. I'm sure its managed to suck some people who were struggling with say diabetes on low income to just give up say screw it and go on medicare. Also a great success? Whatever. So long as you can put it in your partisan bullshit column is all that matters right?

You can believe in whatever you want. I am all for freedom of religion.
If you want to step out of the realm of faith into facts, then to back up your belief, you'd need to show that most people using Obamacare for insurance have actually gone bankrupt in any place other than your head. I wish you best of luck on your spiritual journey.
 

ivwshane

Lifer
May 15, 2000
33,520
17,024
136
They're not accurate if they are fed shit. The most recent instance of that and in an epic proportion was Obamacare. Backload a bill with costs that will be incurred over ten years out and whatever the CBO comes up with is meaningless. Combine that with legalese designed to move the goalpost in a specific direction and garbage in, garbage out.

This is just the start of leftist whining and wailing because Republicans control Congress. Swap the control and it would all be good. Did you hear any of them complaining about Obamacare and the CBO? No because it scored in the favor of Obamacare. There you go.

Trickle-up poverty will remain as the status quo. But it's really, really bad this time because the other team will get to orchestrate it. Give me a fucking break.


Actually the CBO scored the ACA on the high side and has has to make repeated corrections lowering their estimates.

http://www.politifact.com/truth-o-m...obama/obama-health-care-driving-down-deficit/

You must really enjoy that bubble you live in. Every link you push is from a right wing source, every post of yours involves some conspiracy involving the left and you claim to be someone whose knowledge is beyond most. Lol!
 

theeedude

Lifer
Feb 5, 2006
35,787
6,197
126
You most certainly can find a doctor, and I know an large amount about health care both from research and work that I've done as well as a very unfortunate personal experience.

I know a number of people on not just medicare, but medicaid, which has even lower reimbursement rates. They can find doctors no problem. Care to explain this using your superior knowledge of health care?

Please respect others' beliefs. This is America.
 

theeedude

Lifer
Feb 5, 2006
35,787
6,197
126
The ACA has been in effect for 7 days for me. As I'm sure it has for anyone else in a situation like mine. You've been getting away with singing the ACA praises without too much pushback for awhile. Just wait. Most people are probably too dumb to realize they'll go BK if they got sick.

Shouldn't you push back with facts? A lot of people are already on ACA. Where is the corresponding rise in bankruptcies?
 

First

Lifer
Jun 3, 2002
10,518
271
136
The ACA has been in effect for 7 days for me. As I'm sure it has for anyone else in a situation like mine (Because you could extend your plan for 2014 and have a non-compliant plan and avoid the penalty). You've been getting away with singing the ACA praises without too much pushback for awhile. Just wait. Most people are probably too dumb to realize they'll go BK if they got sick. So it'll have to actually happen to some folks before anyone notices.

Huh? ACA has already been up and running for a year. There are no new or preliminary reports of inordinate bankruptcies. Chill on the derping, you look ridiculous.
 

fskimospy

Elite Member
Mar 10, 2006
87,963
55,354
136
My old ins was $3300 if I hit the deductible+premiums, my new insurance is the coinsurance gift that keeps on giving. My deductible+premiums is hit at after $4,520 of my take home pay of $30k gross and I still pay 30% coinsurance of everything thereafter until I hit ~$6,250.

My effective tax rate is likely somewhere around 30% so I took home $21,000 to actually pay my bills. Yes the ACA would mathematically BK me if I got sick. If I got sick I'm out 25% of my take home pay, easily. I actually would've gone no insurance if it weren't for the penalty. Those democrats are so clever. It covers practically nothing.

When I was in the hospital a $6,250 bill was something you ran up in an afternoon.

Also, how are you paying 30% in taxes if you only make $30k a year? Your effective tax rate should be somewhere in the single digits, maybe slightly more. Do you have the worst accountant in the world?
 

fskimospy

Elite Member
Mar 10, 2006
87,963
55,354
136
+State income taxes.

Single digits is a joke as the lowest federal bracket is 10%. I'm thoroughly convinced democrats are like retarded at taxes and accounting.

http://www.bankrate.com/finance/taxes/tax-brackets.aspx

I suppose my effective tax rate is more like 20% with the state taxes. They withhold 30%-35% and I get a refund, but you know. I'm generally budgeting with 30%. Anyway if I ever got that sick I'd probably end up on medicare and wouldn't be working for awhile. Its not like the ACA changed much.

You are confusing what bracket you are in with your taxable income and your eventual EDIT: effective rate. With exemptions and the standard deduction your actual taxable income is probably somewhere around $15k. Maybe a bit more. Yes if you count in state taxes you add about 5%, but that's before any other tax credits and other things you might be eligible for.

So why am I retarded about taxes when I was mentioning that your percentage was ludicrously high for your income?
 
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fskimospy

Elite Member
Mar 10, 2006
87,963
55,354
136
For what it's worth wiki estimates your federal effective tax rate to be about 5%, given your income. That of course depends on a lot of factors, but you get the point.
 

kage69

Lifer
Jul 17, 2003
31,342
47,578
136
LOL, you think economics is science or math.


No, I think you're an idiot for reading that post and trying to twist my words. GOP behavior these last 10 years as well as my mention of their 'subjective' views towards science should have clued you in to what I'm talking about, but it didn't. Yes, lol indeed.