Hospital Hell

Comments (and some news) about the unbelievable US healthcare system. 🚑🚁👨‍⚕️👩‍⚕️🏥🧾💊

[Hospital Hell @HospitalHell]

@TaxFoundation Post a map with effective tax rate for family with median income.

[Hospital Hell @HospitalHell]

@GuyDealership The two VW dealerships closest to me closed last year. Looks like a death spiral from my perspective.

[Hospital Hell @HospitalHell]

@VisualCap That is one depressing chart. Thankfully the figures are lower for families who bought their house decades ago and own it outright.

[Hospital Hell @HospitalHell]

@TaxFoundation @alex_durante_ Compare the effect of uncapping the payroll tax to the tax cuts in the TCJA and OBBB. Only looking at tax increases is disingenuous.

[Hospital Hell @HospitalHell]

@theficouple The 4% rule survives 30 years. The perpetual rate is lower is closer to 3%, but to reach a perpetual safe withdrawal including inflation adjustment with a 99.9% chance of success you need to go down to about 2.5%.

[Hospital Hell @HospitalHell]

@SenRandPaul Healthcare is expensive because of administration, profit and the absurdly high cost of med school. Get rid of private, for profit health insurance. Single payer health insurance is the way to go. The annual increase is health insurance premiums is actually lower since the ACA.

[Hospital Hell @HospitalHell]

@VisualCap Only about 64km of the Amtrak Acela line is really high speed rail. What other high speed rail is there in the US? The US should probably be placed just after Serbia in the chart.

[Hospital Hell @HospitalHell]

@charliebilello The Fed’s fear of deflation is greatly exaggerated. The Fed’s target could easily be +/- 1%. The target really should be net zero.

[Hospital Hell @HospitalHell]

@SteveHiltonx The mostly mail-in/dropbox election system in California is painfully slow, but that doesn’t make it in any way fraudulent.

[Hospital Hell @HospitalHell]

@SteveHiltonx The key is to ensure that all ballots in drop boxes are picked up in controlled batches by the Election Day deadline and that no envelopes containing ballots without a valid postmark are accepted after Election Day.

[Hospital Hell @HospitalHell]

@Budgetdog_ You shouldn’t use rich or wealthy to describe your net worth until you have at least $10 million in investments excluding your primary residence. Spending over $50k on a car is just silly.

[Hospital Hell @HospitalHell]

@PeterMallouk I assume most people who participated in the survey don’t have at least the “minimum “wealthy” level of wealth. If they did, I bet they would still consider themselves middle class, possibly upper-middle class.

[Hospital Hell @HospitalHell]

@dividendology If that’s a real inflation adjusted return, it would be a no brainer to take it. If that is a nominal return, it would be moderately interesting.

[Hospital Hell @HospitalHell]

@SteveHiltonx In the general election you will get the Bianco votes and Becerra will get the Steyer and Porter votes. You will probably split the Mahan votes. What makes you think that the math is in your favor?

[Hospital Hell @HospitalHell]

@SteveHiltonx You should exempt all retirement income (pre-tax IRA and 401K withdrawals, pension income) from state income tax and add a $500k homestead exemption on property taxes.

[Hospital Hell @HospitalHell]

@PeterMallouk Per the chart, the annual rate of increase from 1999 to 2011 was 8.4%, whereas the annual rate of increase from 2011 to 2025 has been 4.2%. Why were premiums increasing at a much faster rate before Obamacare?

[Hospital Hell @HospitalHell]

@KobeissiLetter With inflation at 3.5% to 4%, the 10 year should be at 5.5% to 6% and the 30 year at 6% to 6.5%. Mortgage rates should be 8% to 8.5%. Yields are remarkably low, especially considering the deteriorating fiscal situation. The Fed needs to raise the Fed funds rate.

[Hospital Hell @HospitalHell]

@RonDeSantis Yes. And this is why the Fed should significantly raise interest rates (exactly the opposite of what Trump wants) and at the same time cut its balance sheet by at least 80%