Reply #39: No, it isn't

[MadHound]

The subsidies provided for the poor are weak, and won't cover those making 150% of the current poverty rate or above (oh, and there is a movement currently afoot in Congress to lower the poverty rate from it's current $22,050 level). That means that a family of four, making 33,075 in income is going to be screwed. That means that these people will be paying out $8,930.20, leaving them with $24,144.75 to live on, and once you take out taxes, boom, they're under the poverty level. The trouble is, their "official" income is too large for them to qualify for various anti-poverty measures, so they're left to cope on their own, as best they can.

By taking out twenty seven percent of people's income for insurance (and it could very well be much more, remember there are no cost controls in this bill) you are going to be wrecking this economy. People will have less money to spend on housing and consumer goods, and in an economic system that is designed to run on consumers spending, when they don't, we're all screwed.

And yes, we can start over again, but it will take strong political leadership, something which we obviously don't have currently.