Quote:
Originally Posted by aceventura3
Who predicted that? On a day to day basis there can be many factors that move the market, the long-term question is will the net impact of this legislation be positive or negative - we won't know the answer until decades from now. the concern I have is the unwillingness of some to look at this issue objectively.
|
Jim Cramer, pan. I imagine other folks did as well. If you were really taking this "let's be objective and wait and see" approach I suspect you might have gone about the OP a bit differently.
Quote:
|
Obama sold this to the public on pure fantasy. We are going to cover millions more, lower costs, cut taxes, reduce premiums, and reduce the deficit. Did you, or do you actually believe that? If you don't, did others? Why? Why didn't more questions get asked?
|
I actually expect the legislation to have parts that were designed to be unworkable down the road to encourage further legislation. Toward that end, I won't be surprised if it doesn't work out exactly they way it was pitched. That's the nice thing about legislation is that you can change it if it doesn't work.
The reason that the perception exists that more substantive questions weren't asked is that most of the media time was spent talking about stupid bullshit like death panels and creeping socialism. The media failed, as usual. It's difficult to have a discussion when the folks who are supposed to facilitate it are aiming for the lowest common denominator. It's also difficult to have a discussion when 99% of the people paid to have the discussion are shills for one side or another.