Tag Archives: house

Tennessee Plagued By Zombies

Conservative zombies are the worst kind. They slowly drone on about the ills of the world –especially about the nasty scientists who could possibly cure them–all the while projecting their own flaws on humanity. Evidently, the non-zombie children aren’t sufficiently curious about science, or, more specifically, skeptical enough about evolution or climate change, two subjects zombies hate. So, Tennessee Conservo-Zombie Party member, Bill Dunn, has drafted legislation he thinks will fix the imagined problem:

This bill requires schools to create an environment that encourages students to explore scientific questions, learn about scientific evidence, develop critical thinking skills, and respond appropriately and respectfully to differences of opinion about controversial issues.

Conservo-zombies are just too slow and dull-witted to see that they’re the ones lacking these skills. When you happily drool over yourself and yammer monotonously and nonsensically like a medieval village-idiot, while insulting every non-zombie as unworthy of the zombie “after-afterlife”, you really shouldn’t be giving others advice.

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Filed under Evolution, Religion

Health Care CEO Misleads Using Numbers

Many opponents of health care reform are throwing numbers around, making it sound like the health care industry is barely profitable. They claim a 2-3% profit margin. It’s a half-truth –that 2-3% is, in fact, the percentage of total revenue, which is different from net return on investment. For example, CNN Business lists fortune 500 industries by profit margin of total revenue.

If I make $2 for every $100 I collect in revenue that’s 2%. But if I make $2 million for every $100 million I collect that also 2%.  If my operating costs are 20% of my gross profit (the insurance company average is about 17%), then in the former example my net profit is $1.60, a 400% return on my $0.40 investment. In the latter example it would be $1.6 million, also a 400% return. In both I keep 80% of the gross. In other words, the health care industry’s revenue is ginormous, and its operating costs are low. There’s tons of wiggle room for profit even with having to pay out medical claims.

No one would stay in any business with a 2-3% net return on investment when CD bank rates are 2.85% for a 5 year certificate. With those numbers a business might as well invest its money and do nothing. The real numbers show that the health care industry’s return on share holder equity is 16%. Not a bad return at all. But if you accept the profit margin lie, then the health care companies must be operating at a major loss, which we know isn’t true.

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Filed under Politics