View Single Post
  #392  
Old 12-18-2013, 08:09 AM
Ike Bana Ike Bana is offline
Banned
 
Join Date: Nov 2013
Posts: 8,310
Quote:
Originally Posted by JBS... View Post
The "Death Spiral" is not a right wing or tea party apocalyptic crap.

It's accounting apocalyptic crap.

Death Spiral

The repeated elimination of products without a corresponding decrease in overhead costs. As a result the amount of overhead allocated to each unit of product increases. If selling prices are increased to cover the higher per unit allocated costs, fewer units might be sold. With fewer unit sales and no reduction in overhead costs, the remaining products will be assigned greater per unit overhead costs. If selling prices are increased to cover these still higher unit costs, there could be a further decline in sales

You know we could call it "downward demand spiral" but that just doesn't sound as cool
So...when it comes to health care...WTF is it that you want? You want a return to the fucked up for-profit, insurance industry controlled, employment linked, twice as expensive system with shit outcomes like we've had for over 4 decades? With over 30 million un-insured driving up the costs? That's what you want?

You people are at the point where, when it comes to Obama, all we hear outta you is "everything stinks" and you're too unconscious to realize you have your heads buried the bucket of dogshit that is FOXNEWS and the EIB.
Reply With Quote