Andrige

[Andrige @Andrige3]

@cmsinvests Do you think any CEO who isn’t named Elon can command such a high PE ratio? If not, do you think Elon will still be running the company in 40 years?

[Andrige @Andrige3]

@realsmallbizguy @mcuban You do realize that without the higher reimbursement from private insurance a lot of hospitals (particularly in underserved areas) would close without additional subsidies from the government (which isn’t free)? It’s another indirect subsidy by working Americans.

[Andrige @Andrige3]

@hankgreen I’d rather have a tax on consumption. This change would hit middle class Americans who save for retirement. Meanwhile, wealthy people will continue to use tax havens to borrow money against their shares.

[Andrige @Andrige3]

@realsmallbizguy @mcuban It’s projected to become insolvent by 2033 even without expanding benefits.

[Andrige @Andrige3]

@PramilaJayapal The problem is that the government has shown it’s absolutely terrible at managing billions of dollars. Please get your house in order so that people actually trust you to manage this money.

[Andrige @Andrige3]

@pawelwargan If you think the quality of life in China is so much better, feel free to move. I’d personally choose the average American lifestyle any day of the week.

[Andrige @Andrige3]

@VigilantFox $4.5 billion profit on $1.3 trillion is a 3% profit margin which is very low. Profit is the money that goes to upgrade equipment, facilities, and expand staffing. I’m sure there’s bad actors but this doesn’t seem absurd.

[Andrige @Andrige3]

@ewarren One of the few things I agree with you on. Government employees can invest in the government retirement ETFs but shouldn't be trading individual stocks.

[Andrige @Andrige3]

@exhale603156241 @DissentFu It is someone’s fault (I.e his own).

[Andrige @Andrige3]

@tonyannett We can all be broke and have expensive goods/services together. We will be equal in poverty.

[Andrige @Andrige3]

@QasimRashid We should tax consumption, not money that’s actively being used to grow the pot for every American. Taxing unrealized gains is a good way to kill the golden goose that’s made America great.

[Andrige @Andrige3]

@joecarlsonshow They are trying to trick Americans without much education in economics in order to try to get votes.

[Andrige @Andrige3]

@EdMarkey Sounds great until you realize a 5% tax on every American company would tank the market and dry up the money while hurting every day Americans.

[Andrige @Andrige3]

@JezziiB It will also decimate every day Americans retirement savings and trash the American economy. This isn’t money that’s just sitting in a bank account gathering dust. It’s money that’s actively being used by America. It makes zero economic sense.

[Andrige @Andrige3]

@BarbellFi It’s not disappearing. It just won’t be able to provide same benefit it currently does. Honestly, a lot of people would be better off saving for their own retirement. SS should go back to being longevity insurance for people who live a long time rather than entire retirement plan

[Andrige @Andrige3]

@SenBillCassidy Yes, find ways to reduce spending. Please don’t raise taxes on middle class even more. It’s already ridiculous.

[Andrige @Andrige3]

@0xDavecryps It sat with a very low rate of return while the population demographics completely shifted. Instead of making small changes to make it solvent, politicians just sat on the issue. In 2032, it will have to rely on only new funds coming in which will reduce benefits by ~20%.

[Andrige @Andrige3]

@RockChartrand The government disbursed approximately $250 billion to stabilize banks under the Troubled Asset Relief Program (TARP). Banks and other recipients ultimately repaid over $270 billion to the Treasury. Sounds like capitalism to me. People really need to dig deeper.

[Andrige @Andrige3]

@TeruHirayoko @JoshWalkos I think pharma should be compensated for their risk, but this "spread" isn't going to pharma. It's going to a middleman who offers almost nothing and is increasingly being bought by the insurance companies so they can raise your premiums.

[Andrige @Andrige3]

@JoshWalkos The truth is even worse because the insurance companies are buying up PBMs so they can raise your premium to pay the increasing spread which they control. Obamacare dictated that 90% of premium has to go towards "medical care" but they are paying themselves via this spread.