And remember FICA is probably the largest single deduction on your wages- much more than the dollar a day I pulled out of my rear. And the reason it's going to fail is still because of what can best be described as Congressional embezzlement. <br>
<br><div class="gmail_quote">On Thu, Oct 22, 2009 at 12:30 PM, William Wylde <span dir="ltr"><<a href="mailto:durtybill@gmail.com">durtybill@gmail.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="border-left: 1px solid rgb(204, 204, 204); margin: 0pt 0pt 0pt 0.8ex; padding-left: 1ex;">
Yeah, I realized I was thinking "250 billion" (brain fart) instead of "250 million" (apprx) after I had sent it. It would take a few years and a dollar a day to top Gate's fortune by as much as I suggested. Not too many years though, what, 9-10?<br>
<br>Plus, I'm talking just basic emergency medical like medicaid covers, not that that's cheap, either: <br><br><a href="http://www.cato.org/pressroom.php?display=news&id=109" target="_blank">http://www.cato.org/pressroom.php?display=news&id=109</a><br>
<br>But I still think that a private collective is better, and would be more efficient than anything congress and DC could cobb together. <br><div><div></div><div class="h5"><br><br><br><br><br><div class="gmail_quote">
On Thu, Oct 22, 2009 at 11:10 AM, Jim Kinney <span dir="ltr"><<a href="mailto:jim.kinney@gmail.com" target="_blank">jim.kinney@gmail.com</a>></span> wrote:<br>
<blockquote class="gmail_quote" style="border-left: 1px solid rgb(204, 204, 204); margin: 0pt 0pt 0pt 0.8ex; padding-left: 1ex;"><div>On Thu, Oct 22, 2009 at 1:45 AM, wylde bill <<a href="mailto:durtybill@gmail.com" target="_blank">durtybill@gmail.com</a>> wrote:<br>
<br>
> Why, if every citizen of the US contributed ONE DOLLAR towards a public<br>
> health collective it would IMMEDIATELY be the largest trust in the<br>
> world. Dwarfing Mr. Gate's fortune by at least a factor of 8x.<br>
<br>
</div>There would be a whopping $300M or so if every US resident chipped in that buck.<br>
<br>
Comparatively, that's a minor drop in the bucket that won't fund Grady<br>
Hospital for longer than about 6 months.<br>
<br>
"In 2007, national health care spending reached $2.2 trillion, or<br>
$7,421 per person."<br>
<a href="http://www.chcf.org/topics/healthinsurance/index.cfm?itemID=133630" target="_blank">http://www.chcf.org/topics/healthinsurance/index.cfm?itemID=133630</a><br>
<br>
That's a chunk of cash that is still less than the deductible on my<br>
major medical coverage.<br>
<br>
So that $1/person covers aggregate costs for 40,425 people in 2007. To<br>
hit that 2007 cost level, everyone must kick in $20/day. That's higher<br>
than the average daily food costs per person in the US ($7 per day<br>
according to <a href="http://www.nytimes.com/2008/11/04/health/nutrition/04well.html/?_r=1" target="_blank">http://www.nytimes.com/2008/11/04/health/nutrition/04well.html/?_r=1</a><br>
)<br>
<br>
Ouch.<br>
--<br>
<font color="#888888">--<br>
James P. Kinney III<br>
Actively in pursuit of Life, Liberty and Happiness<br>
</font><div><div></div><div><br>
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