Comments on: Obama Budget: Higher Taxes, Healthcare, and a Deficit Mystery http://www.businesspundit.com/obama-budget-higher-taxes-healthcare-and-a-deficit-mystery/ Entrepreneurship, Startup Companies and Business Philosophy Fri, 20 Nov 2009 20:31:15 -0600 http://wordpress.org/?v=2.8.5 hourly 1 By: Christian http://www.businesspundit.com/obama-budget-higher-taxes-healthcare-and-a-deficit-mystery/comment-page-1/#comment-12636 Christian Sun, 01 Mar 2009 04:27:49 +0000 http://www.businesspundit.com/?p=9283#comment-12636 I'm convinced, until someone can convince me otherwise of course, that when we're in debt, spending even more money is not what we need to be doing. Saying you'll raise taxes on rich people is a moot point; it will prove to accomplish very little debt wise. Cutting government spending is essential. Obama doesn't seem to have that in his vocabulary. People are losing jobs and homes, and the government sees this as it's queue to expand and spend even more. I’m convinced, until someone can convince me otherwise of course, that when we’re in debt, spending even more money is not what we need to be doing. Saying you’ll raise taxes on rich people is a moot point; it will prove to accomplish very little debt wise. Cutting government spending is essential. Obama doesn’t seem to have that in his vocabulary. People are losing jobs and homes, and the government sees this as it’s queue to expand and spend even more.

]]> By: Matt Stigall http://www.businesspundit.com/obama-budget-higher-taxes-healthcare-and-a-deficit-mystery/comment-page-1/#comment-12625 Matt Stigall Fri, 27 Feb 2009 21:05:33 +0000 http://www.businesspundit.com/?p=9283#comment-12625 I believe that Obama's point about halving the deficit is in regards to the yearly deficit not the overall deficit. I believe that Obama’s point about halving the deficit is in regards to the yearly deficit not the overall deficit.

]]> By: Dan D http://www.businesspundit.com/obama-budget-higher-taxes-healthcare-and-a-deficit-mystery/comment-page-1/#comment-12612 Dan D Thu, 26 Feb 2009 23:40:57 +0000 http://www.businesspundit.com/?p=9283#comment-12612 If the $634 Billion is any indication of Obama's health care plan, Obama is planning a radical change in the health care system. The plan has not yet been laid out and already Obama is earmarking more than half a trillion for it and explaining that it will just be the beginning of what will be necessary. One of the reasons that health care seems to be so expensive (among many others) is the cost of research and development in order to procure new treatments and drugs. At the moment the health care industry has a significant incentive to pour money into research and development because of the possibility of making money. What will happen when this incentive is marginalized when the government has taken over the health care system? Will our advancements slow down or even cease? http://www.weeklypoint.com/2009/02/26/obama-budget-plans-634-billion-down-payment-for-health-care-reform/ If the $634 Billion is any indication of Obama’s health care plan, Obama is planning a radical change in the health care system. The plan has not yet been laid out and already Obama is earmarking more than half a trillion for it and explaining that it will just be the beginning of what will be necessary.

One of the reasons that health care seems to be so expensive (among many others) is the cost of research and development in order to procure new treatments and drugs.

At the moment the health care industry has a significant incentive to pour money into research and development because of the possibility of making money. What will happen when this incentive is marginalized when the government has taken over the health care system? Will our advancements slow down or even cease?

http://www.weeklypoint.com/2009/02/26/obama-budget-plans-634-billion-down-payment-for-health-care-reform/

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