FCC Chairman Proposes Robocall Blocking by Default

Re:FCC Chairman Proposes Robocall Blocking by Default by Wheaties466 on Thursday May 16, 2019 @09:19AM (#19928740)

I have no doubt it would save money. But my point was that healthcare companies would no longer be seeing that 5.1 trillion dollars and as a result those companies would lose value and tank the economy.

I just counted 62 Healthcare companies in the S&P 500. 5.1 trillion of lost revenue to those companies would be detrimental to the economy.

[ Parent | on HN ]

Re:FCC Chairman Proposes Robocall Blocking by Default by ranie93 on Thursday May 16, 2019 @03:34PM (#19932237)

My own back of the napkin calculation:

5.1T / 10 Years = .51T / Year

Current US Stock Market Cap: 153% of 21T = 53T [0][1]

.51T of 53T = 0.9%

For reference; the 2000s bubble had the stock market decrease by 36% over 3 years, the 2008 bubble 45% over 2 years [0].

I'd say "tank the economy" is an overstatement. I'm glad to be shown otherwise _with sources_

[0]https://fred.stlouisfed.org/series/DDDM01USA156NWDB

[1]https://fred.stlouisfed.org/series/GDP

[ Parent | on HN ]

Re:FCC Chairman Proposes Robocall Blocking by Default by Wheaties466 on Friday May 17, 2019 @04:41PM (#19943369)

I'll be the first the admit this is an opinion i've completely come up with it by myself with no research or statistics to prove other wise.

[ Parent | on HN ]