tag:blogger.com,1999:blog-3818578330277648986.post8838546697158555368..comments2024-03-27T13:05:50.303-04:00Comments on Hackwhackers: Sociopathic Republicans Voting Today On Gutting Health Insurancehackwhackershttp://www.blogger.com/profile/08904133306530977699noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3818578330277648986.post-50742749427981872492017-05-04T13:09:12.554-04:002017-05-04T13:09:12.554-04:00Jonny - the Consumer Reports article linked to in ...Jonny - the Consumer Reports article linked to in the tweet says:<br />"The many experts we interviewed also pointed to two other contributing factors: an improving economy and changes to bankruptcy laws in 2005 that made it more difficult and costly to file. However, they almost all agreed that expanded health coverage played a major role in the marked, recent decline."<br /><br />So your points are well taken, but the impact of the ACA on declining bankruptcies seems to have been "major" according to the CR experts.W. Hackwhackerhttps://www.blogger.com/profile/12578895052115475639noreply@blogger.comtag:blogger.com,1999:blog-3818578330277648986.post-36705741196286320342017-05-04T11:27:05.682-04:002017-05-04T11:27:05.682-04:00I retract my earlier comment - the chart I was loo...I retract my earlier comment - the chart I was looking at was apparently business bankruptcies, which obviously are different.<br /><br />It's true that there were fewer personal bankruptcies in 2006 than in 2016, but apparently that's because of a 2005 law that made it more difficult to file for personal bankruptcy. From what I can tell the numbers over the last 2 years are significantly lower than earlier years, except for 2006-07, which was affected by the bankruptcy law.Jonny Scrum-halfhttps://www.blogger.com/profile/10700652770637696602noreply@blogger.comtag:blogger.com,1999:blog-3818578330277648986.post-53947457308161167662017-05-04T11:18:53.426-04:002017-05-04T11:18:53.426-04:00Not to be the turd in the punchbowl, but although ...Not to be the turd in the punchbowl, but although I completely despise the Republicans and support the Democrats I think that it's important that we not get drawn into "fake news." Regarding the chart showing personal bankruptcies since Obamacare, it occurred to me that maybe the drop was more due to the improving economy than any effect of health insurance. I looked at the longer-term trend, and it turns out that bankruptcies are now down to what they were in or around 2006. That was a low point, having been generally decreasing since the 1980s (when bankruptcies were higher than in 2010), but the point is that I'm not really sure that it's a fair argument to make that Obamacare has had a great effect on the number of personal bankruptcies.Jonny Scrum-halfhttps://www.blogger.com/profile/10700652770637696602noreply@blogger.com