President Donald Trump - J.D. Vance Administration

#12,951
#12,951
LSU-SIU said:
No, its already existing law, no new laws need to be implemented.

Its no different than immigration law, its just not being enforced. Just like the NCAA stopping the market with sports, no enforcement of existing law.

All you need is enforcement, that is why the candidates get paid so much from the medical industry.
Help us ensure access to fair and competitive healthcare markets for you and your family.
Click to expand...
It's existing law for companies to disclose their costs?
 
#12,952
#12,952
#12,953
#12,953
LSU-SIU said:
So you know what you are paying for, and you can shop around... further it(medical industry) helps to hide the Truth.... the whole thing is an anti-trust violation.
Click to expand...
The mark up would be considered confidential proprietary business information. It is part of a business‘s strategic planning as to what items they want to take a loss on in order to boost other products.
 
#12,955
#12,955
whodeycin85 said:
Link the law instead of referencing it
Click to expand...
www.law.cornell.edu

Sherman Antitrust Act

www.law.cornell.edu www.law.cornell.edu

Clayton Antitrust Act

www.law.cornell.edu

15 U.S. Code Subchapter I - FEDERAL TRADE COMMISSION

www.law.cornell.edu www.law.cornell.edu

15 U.S. Code § 13 - Discrimination in price, services, or facilities

Most of this has existed for over 100 years, although it could have been recodified. 😂 The government just doesn't enforce it.

Everyone knows in the medical industry just like the NCAA knew what they were doing was illegal both criminally and civilly. No enforcement.
 
Last edited:
  • Like
Reactions: whodeycin85
#12,956
#12,956
OrangeTsar said:
The mark up would be considered confidential proprietary business information. It is part of a business‘s strategic planning as to what items they want to take a loss on in order to boost other products.
Click to expand...

The problem isn't necessary the markup but there are other statutory laws (way beyond my discussion) as far as price gouging. (I'm generally not in favor of such things)

The problem is really the whole concept of medical insurance, which really doesn't exist. They are trying to hide the fiction. But its a problem at state and local levels as well, meaning people limit the market locally as well through medical boards and supervision.

This is a big one but it will take decades to unravel completely.

OR

You just sign your virtual weekly check over to the doctor because they will eventually own you.
 
Last edited:
#12,957
#12,957
jmacvols1 said:
i'd like to know how much above retail I am paying.
Click to expand...

You mean above wholesale?

Why would a retailer disclose that? One thing you need to realize is that large retailers don't really pay wholesale for most of their products. I don't know much about it but did you know grocery chains charge suppliers for shelf space and location? How do you figure that into "wholesale" price disclosure?
 
  • Like
Reactions: InVOLuntary
#12,958
#12,958
hog88 said:
You mean above wholesale?

Why would a retailer disclose that? One thing you need to realize is that large retailers don't really pay wholesale for most of their products. I don't know much about it but did you know grocery chains charge suppliers for shelf space and location? How do you figure that into "wholesale" price disclosure?
Click to expand...
wholesale, my mistake.

retailers don't want consumers to know the markup. Why is that? are retailers embarrassed by the markups they are charging?
 
#12,960
#12,960
jmacvols1 said:
wholesale, my mistake.

retailers don't want consumers to know the markup. Why is that? are retailers embarrassed by the markups they are charging?
Click to expand...

I guess if the government wants the consumer to know all prices, I guess its possible but seems kind of hard to implement, imo. I mean at the end of the day, what are you charging me for? Of course, true cost of the goods and services could definitely be an issue in litigation on damages I'm sure.

The problem as far as medical they don't want the prices known, so one you can shop around (which is problematic as well), they can add charges not disclosed, you can see they are charging someone else a different price.... which leads one to the real problem on the back end.
 
  • Like
Reactions: jmacvols1
#12,963
#12,963
jmacvols1 said:
wholesale, my mistake.

retailers don't want consumers to know the markup. Why is that? are retailers embarrassed by the markups they are charging?
Click to expand...

Well, that's adding a new cost to the process, which we don't want. It's already a decent amount of work to make sure everything in a store is marked with the correct price, let alone the cost to the retailer. And nobody gets any additional benefit by adding this cost, so why?

If it's worth it to you, buy it. If it's not, don't. Retailers and their competitors will adjust based on your behavior.
 
  • Like
Reactions: hog88
#12,965
#12,965
LouderVol said:
you are going to have to explain. I wasn't alive during his time, so I am not much aware of what he did to make you say that.
Click to expand...
Energy independence
Environment
Healthcare/hospital cost control - Title II
Deregulation - airline, trucking, rail, oil - mostly adopted
Mental health care -

Obviously each could splinter into a long debate - pick one and research it on your own if you are actually interested.

I'll start by giving you one:

Loading…

lamont.columbia.edu
 
#12,966
#12,966
LouderVol said:
a little bit of suffering now to stop or minimize suffering later. its a shame that we are at a point where that is political suicide.

its all about what happens right now. no long term planning. even though that same short term thinking from years ago is what caused the issues we are seeing today, we won't break the cycle.
Click to expand...
Pretty much
 
#12,967
#12,967
whodeycin85 said:
Wouldn't transparency in pricing make pricing more competitive? Thus losing prices and and moving out those price goughing companies
Click to expand...
...you already have "transparency" in pricing. Can you see a price tag? Can you shop around at different stores? If you see something at one store is more expensive than another, you don't buy it- unless there are other value propositions like convenience, ease of access, etc. How do you price that?

Healthcare is another discussion altogether, which is why muddling this argument up was idiotic from the getgo. At this point, hospitals are supposed to have publicly listed prices that allow you to shop just like every other product. I agree that that should be available. However, asking for the markup businesses OR hospitals put on products is silliness. The cost of the item is a fraction of the cost of the added value that you as a consumer get.
 
  • Like
Reactions: hog88
#12,968
#12,968
One more.........
www.historynewsnetwork.org

Jimmy Carter: The Last of the Fiscally Responsible Presidents

Jimmy Carter’s Economy Was Better than You Think
www.historynewsnetwork.org www.historynewsnetwork.org

Yet although even Carter’s admirers would rather ignore his economic record than defend it, popular memory of his economy is off the mark. Contrary to the prevailing wisdom, by many indices the U.S. economy did relatively well during Carter’s presidency, and he took his role as steward of the public trust seriously. He kept the national debt in check, created no new entitlements, and steered the nation clear of expensive foreign wars. Whatever else one may think about the man, it is no exaggeration to say that Jimmy Carter was among the last of the fiscally responsible presidents.

Reagan will forever be the Father of Deficit Spending.........and here we are.
 
  • Like
Reactions: EasternVol
#12,971
#12,971
LSU-SIU said:
I never said their costs, however if you wanted to push them on abusing consumer and anti-trust law, that would certainly be a topic for litigation.

There shouldn't be all these different price structures (generally), that is what they are hiding. You couple that with local monopolizes at the state and local level it becomes impossible to get true market pricing.

This will take considerable time to fix, but this is a good first step.... shot across the bow.
Click to expand...
Can you define your usage of "wholesale prices"?
 
#12,973
#12,973
Orange_Crush said:
Can you define your usage of "wholesale prices"?
Click to expand...
100% of the time it means the cost of the product/raw materials as purchased from the supplier to these literal morons.

Maintaining storefronts, employees, legal compliance, logistics, convenience, and other value should be free. We should all be able to go to a small business and get $0.25 meals, dammit!
 
#12,975
#12,975
luthervol said:
Energy independence
Environment
Healthcare/hospital cost control - Title II
Deregulation - airline, trucking, rail, oil - mostly adopted
Mental health care -

Obviously each could splinter into a long debate - pick one and research it on your own if you are actually interested.

I'll start by giving you one:

Loading…

lamont.columbia.edu
Click to expand...
I can definitely see some pain/gain from those, but even what you quoted noted some paradoxical actions in what you mentioned. particularly the first two. the rest seems like some gains, but not in the mindset of the short term pain for long term gains.

he helped protect the environment, but his push on energy independence relied on increasing domestic production, including the creation of synthetic fuels made with coal. so even in this case Carter wasn't fully dedicated to long term strategies he founded.

title 2 reads like robbing Peter to pay Paul situation. Using increased Medicaid funds they were able to reduce the cost of drugs people on Medicaid paid. at the least, its a bit circular, and I don't see how it would have lead to any long term gains.

On MHSA, mental health, I also struggle to see the long term gain. seems like its the current strategy, just years earlier. lots of medication, it did de-federalize the system which could have lead to some longer terms gains than the previous one-size fits all, but I am not sure where the "pain" was there. I think there is a lot of good here, just not seeing the current pain for future gains we were discussing.

the deregulation would probably take a long time to break apart. but at the 10,000ft wikipedia level I am again not really seeing the "pain" aspect. it definitely cut red tape, so there were long term gains to be had by Reagan, but no short term loss/suffering/pain.
 
New posts
You must log in or register to reply here.
Advertisement

Back
Top