d2jsp
Log InRegister
d2jsp Forums > Off-Topic > General Chat > Political & Religious Debate > Coronavirus Thread
Prev1658659660661662910Next
Add Reply New Topic New Poll
Member
Posts: 64,763
Joined: Oct 25 2006
Gold: 0.00
Aug 27 2020 10:09pm
Quote (Black XistenZ @ Aug 27 2020 10:58pm)
Ok, I jut tried to find this report, to no avail. Could you give us a link?


Not sure if it was given openly to the public. Coworkers husband is a pediatrician, and he got it as part of Covid practice guidelines.
Member
Posts: 33,928
Joined: Oct 9 2008
Gold: 2,528.52
Aug 27 2020 10:22pm
Quote (inkanddagger @ Aug 28 2020 12:05am)
Communist Red Sweden grew while free market capitalist America failed?


Correct

These truly are interesting days
Member
Posts: 61,688
Joined: Mar 14 2006
Gold: 28.77
Aug 27 2020 10:27pm
Quote (EndlessSky @ Aug 27 2020 09:22pm)
Correct

These truly are interesting days



Looks like mercantilism doesn't work very well when you aren't a king and the world has been under the influence of Reagan/Thatcher neoliberalism for 40 years.
Member
Posts: 54,184
Joined: May 26 2005
Gold: 4,945.67
Aug 27 2020 10:39pm
Quote (Thor123422 @ 28 Aug 2020 06:09)
Not sure if it was given openly to the public. Coworkers husband is a pediatrician, and he got it as part of Covid practice guidelines.


I see. The details I was asking about earlier today are still important. 1 in 100 seems an exceedingly high rate for such a severe complication, relative to how mild the disease progresses in almost all patients of this age group.
If the number is "1 in 100 teenagers who needed hospitalization due to covid", or something similar, that would be more realistic, but also far less worrisome.

This post was edited by Black XistenZ on Aug 27 2020 10:40pm
Member
Posts: 54,184
Joined: May 26 2005
Gold: 4,945.67
Aug 27 2020 10:43pm
Regarding Sweden and its GDP:
https://tradingeconomics.com/sweden/gdp-growth

I really struggle to see how a 0.1% growth in Q1, plus a 8.6% contraction in Q2, are supposed to add up to a growth of 5% for the year as claimed by EndlessSky. Seems to be a fantasy number. :rolleyes:

This post was edited by Black XistenZ on Aug 27 2020 10:44pm
Member
Posts: 15,275
Joined: Sep 30 2009
Gold: 1,790.00
Aug 27 2020 10:46pm
Sweden gets ~40-45% of their GDP through taxes, don't they?

This post was edited by TritonV8 on Aug 27 2020 10:46pm
Member
Posts: 64,763
Joined: Oct 25 2006
Gold: 0.00
Aug 27 2020 10:50pm
Quote (TritonV8 @ Aug 27 2020 11:46pm)
Sweden gets ~40-45% of their GDP through taxes, don't they?


:huh:

That's not how GDP works. Can you explain what you mean by "through taxes"?
Member
Posts: 15,275
Joined: Sep 30 2009
Gold: 1,790.00
Aug 27 2020 11:05pm
Quote (Thor123422 @ Aug 27 2020 11:50pm)
:huh:

That's not how GDP works. Can you explain what you mean by "through taxes"?


Complete screw up on my part. Thread jumping got my thoughts mixed up. I meant to say the average tax rates in Sweden are ~40-45%.
Member
Posts: 64,763
Joined: Oct 25 2006
Gold: 0.00
Aug 27 2020 11:12pm
Quote (TritonV8 @ Aug 28 2020 12:05am)
Complete screw up on my part. Thread jumping got my thoughts mixed up. I meant to say the average tax rates in Sweden are ~40-45%.


There's nothing wrong with high taxes if you get your money's worth.

The average household in the United States spends just shy of $1200 a month on health insurance. The average income is just shy of $62,000. The average tax rate is 24%.

So 1200 * 12 / 6200 = 23%

If we raised everybody's taxes by 10% but took away an insurance premium that costs 23% of their income that would be great. (This isn't too far away from what would really happen FYI. Even far-right libertarian groups admit we would save hundreds of billions of dollars a year with nationalized healthcare).

In Sweden they basically have this situation, where they pay higher taxes but get services in return that greatly outweigh the cost. And why wouldn't it? Buying in bulk is always cheaper, government services are just the ultimate in bulk-buying.

inb4 "but government is inefficient" and I point out that private insurance is 100% market inefficiency, and I point out that government services are actually pretty great until somebody intentionally sabotages them for political reasons, i.e. the current post office.

This post was edited by Thor123422 on Aug 27 2020 11:14pm
Member
Posts: 53,552
Joined: Mar 6 2008
Gold: 1,908.33
Aug 27 2020 11:13pm
Quote (Thor123422 @ Aug 28 2020 01:12am)
There's nothing wrong with high taxes if you get your money's worth.



Go Back To Political & Religious Debate Topic List
Prev1658659660661662910Next
Add Reply New Topic New Poll