Medicare has no profit so it’s at best partial reimbursement and semi-pro bono. It only works because the rest of us pay extra for our care to make up the elderly’s costs. Now, what happens if we are all on semi-pro bono and there is no one to make up the diff. The 32trillion is way low! The health care community will shrink, waiting lines will form for all but the rich who will pay to be first in line, and Medicare reimbursements will have to raise to keep providers. I think it’s closer to $100 trillion if we used Medicare for all. Costs More than current system and
You're complaining about long wait times because everyone is able to go to the doctor? Yeah, the rich can skip the line by going to the US, but at least poor people aren't dying from lack of proper medical treatment. Oh, and private doctors still exist in Canada, but very few people go to them when they can get the same thing for free.
Now, would you rather have a medical bill so expensive you end up on the street or a longer wait at the hospital?
Not if they are old. Obamacare stopped cancer tests at 75. Why? No more treatment after 75 unless you pay yourself.
0 ups, 5y
It doesn't cost more than the current system per this article which you can find on this thing you're currently using called the internet http://thehill.com/policy/healthcare/399625-sanders-thanks-koch-brothers-for-accidentally-making-argument-for-medicare
What happened in Detroit was a result of a decline in manufacturing after the end of WWII, white collar types spreading out to the suburds and the auto industry spreading with them, increasing automation replacing assembly line workers, crippling Union lead strikes giving the auto industry reason to depart from the city - finally heading to Southern States and later Canada and Mexico, business centered around them shutting down, riots, the energy crisis of the 70s causing car sales to slump, declining auto market share as imports took over in the 80s, mortgage redlining preventing poorer folks from moving to the burbs or opening their own businesses and thus getting stuck in decaying slums, former factory grounds being so polluted that building anything else upon them would be diifficult and costly, etc, etc, etc,,,
Corporate welfare enabled its own decline in Detroit's center by financing its departure to elsewhere, utilizing subsidies and tax incentives to move abroad in search of cheaper labor.
2 ups, 5y,
Good points. The wealthy go where they can make money. A lot of your examples are the results of the wealthy being choked by politics. The end result is they leave in search of cheaper labor and resources.
Even supposing they stick around, do you think that they would actually be able to account for the 32 trillion dollars in taxes that would need to be collected over the ten years? The US's annual GDP is about 18trillion. 3trillion dollars, 16% of the GDP every year directly out of the pockets of the people that drive our economy, don't you think that's dangerous?
Also, nobody has come up with the actual correct answer yet. How would the US actually end up paying for the health care?
After WWII, suburbs became popular throughtout the US, many of them not heavy economic centers themselves, tho in Detroit jobs did follow them.
Universal health care is a joke, never works. It will only drive up costs while making people wait for even minor routine care. It's the fastest growing sector of the economy, and in NYC, I heard it was one quarter of it already (I have to check that for verification, that number is, um, sick - - sorry, I hadda).
It's easy for EU countries and Canada to boast of it when their own military, etc, costs are low because Uncle Sam is protecting them them from each other and forces abroad. Even with that, Canada has the highest per capita debt ratio in the world. While those countries don't have as high health care costs as we do, their best doctors depart for better elsewhere. And it's still a drain dependent on overly optimistic economic growth expectations, unsustainable in the long run.
1 up, 5y
Awesome points, especially that thing about Canada's debt.
1 up, 5y,
One Google search and I found the following. Willful ignorance is why this country is circling the drain:
A 6.2 percent income-based health care premium paid by employers.
Revenue raised: $630 billion per year.
A 2.2 percent income-based premium paid by households.
Progressive income tax rates.
Revenue raised: $110 billion a year.
Taxing capital gains and dividends the same as income from work.
Limit tax deductions for rich.
The Responsible Estate Tax.
Savings from health tax expenditures.
1 up, 5y
Willful ignorance, eh? So you think that with all those measures in place the US will be able to cover the 3trillion dollar a year cost of Bernies healthcare plan?
Here's a number for you:
The US collects about 3.5 trillion dollars in taxes a year. In order to pay for the healthcare the US would have to almost double the taxes it takes in. Double the taxes!
There's absolutely no way that will happen. There would be riots and an actual civil war.
So if the US doesn't have the means to pay for this healthcare plan, how will it get paid for?
I'm surprised nobody's figured it out yet. If you think you figured it out and want to share, start at the top.
1 up, 5y,
The economy has not "taken a turn for the better". It's been on this track for a couple of years. That "4% GDP growth" being touted is a short-term benefit of the tax cuts, just like every tax cut prior. Reagan implemented the largest tax cut in history, the economy took a shit, and then he had to implement the largest tax increase in history to fix it. Duhbya had 2 tax cuts and 2 wars coupled with an unregulated banking system that caused the financial collapse. For the last 38 years, Republicans have proved their policies don't work or only work for the super rich. You have Google. All of this is supported with hard evidence so educate yourself.
1 up, 5y,
Republicans and democrats have had weak policies. It's a good thing we finally have a president that doesn't fit the usual mold.
It can be clearly seen that since Trump has been president there has been a change to the nature of the graph. Rather than the roller coaster style ups and downs that have been the norm, Trumps policy has replaced the downs with steady flat curves. This has allowed our the GDP's upward accents to maintain their advances. This is very healthy for the economy.
You still haven't figured out how the US would actually pay for the healthcare. Do you give up?
1 up, 5y,
This will be the second time I've posted this link that answers your question of how it gets paid for:
Do you have a source link for that graph? You could've replied with a picture of sunshine and rainbows and it would mean the exact same nothing as that graph.
1 up, 5y
Source is on the graph in bottom right hand corner.
So instead of raising taxes 100% like I estimated he wants to raise taxes by 50%. The people hit hardest will be the educated and the wealthy. So anyone who actually contributes something special to the economy will be punished.
Raising the taxes like that will never work. It won't ever happen. Nobody, democrat or republican, will vote to pass that legislation. It's political suicide, and probably actual suicide.
The only way Bernie will get his healthcare payed for is by doing exactly what the DNC has planned for him.
You still haven't figured it yet. I guess I'll give you a hint. Why is the value of the dollar going down?
If rich people have to pay their fair share in taxes, then everyone else should have to pay their fair share in labor. Personally, I don't think that taxes or labor should be forced. It would be much better if multiple governments could peacefully coexist in the same country, and people could choose which one (if any) they wanted to subscribe to.
Fair is not equal...it's equitable. Those WITH the money have it to give. Those without it....don't. Pretty easy concept. Those WITH the money usually are the ones employing those without the money. Those without the money haven't seen their real wages increase in 40 years. Those with money have seen leaps and bounds of wealth increases in that time. Corporate profits are sky high. Why aren't people earning more?
The money is there for our society to be as good or better than any other in the world. Why isn't it?
1 up, 5y
Greed, yes. But not the greed of who you think. Who owns the Federal Reserve? Who owns them? Follow that process to the top and you'll understand what greed really is.