The Affordable Care Act

[JBS...]

Originally Posted by bobabode

Yeah, riiiight- upsid down death spiral. keep on listening to those voices in yer head, Jim. You guys crack me up with the florid apocalyptical crap that you repeat.

If they started dinging everyone at seven bones right at the gitgo...all of you 'baggers would be up in arms and a'screeching redfaced at your representative in the house of fools. Not that it would do much good.

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