ę CBO Director: ObamaCare™ might reduce access and quality of care | Main | Weak Horse: Two Miami Republican Representatives Pull Their Endorsements of Crist Ľ
December 22, 2009

Even More CBO: The Marketplace Response to Magical Thinking is Usually Unmagical

What's the real problem with a CBO score, their terrible arithmetic or their inability to answer the following question: "If we levy a gigantic tax on a sector of the marketplace, whatever would the marketplace do in response"?

The answer is "find a way to pay less of this crap". It's always that.

Don't get me wrong, their math sucks too.

The largest source of income for the amusingly named "cost-offsetting measures" is $149BB from "cadillac" insurance plans. Never heard of those? Don't worry about it. In ten years you'll never knew they existed.

I donít think it takes a genius to figure out that within a couple of years, compensation packages will adjust so that nobody is paying that tax. No more Cadillac insurance plans.

This is entirely predictable, it's happned before. It doesn't take a genius, just a roomful of average "straight-line" analysts.


digg this
posted by Dave In Texas at 01:20 PM

| Access Comments




Recent Comments
Axeman: "At the time I wondered why Obama reeated the phras ..."

Deep State is in DEEP SHIT: "http://bit.ly/2Gs0afM ******* How Mueller deputy ..."

Mikey NTH - The Outrage Outlet for Your Clown Car Goat Rodeo Dumpster Fire Needs!: "Erdogan's shelves have collapsed? Posted by: Du ..."

CharlieBrown'sDildo: "I saw this a few hours ago and just assumed it was ..."

Bertram Cabot, Jr.: " No mention on TV ..."

ace: ">>> Legendary NASA flight director Chris Kraft, wh ..."

golfman: "I figured this would have a " ... but mostly ..." ..."

Jewells45: "[i]David Hedison dead.Felix Leiter,the original sc ..."

Scott_T: "Man, if true, that would be reason for some snap e ..."

East Bay Jay: "What Quint said. ..."

PabloD: "Weekend at Recep's. ..."

Tami[/b][/i] [/s] [/u]: "edokeefe What incredible symmetry: Legendary NA ..."

Recent Entries
Search


Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64