Shocker: Bernie
Sanders Health Care Plan Is A $30+ Trillion Economic Catastrophe
Matt Vespa
Matt Vespa @mvespa1
Posted: Jul 30, 2018 2:25 PM
Lefty darling Alexandria Ocasio-Cortez loves it, as does
Sen. Bernie Sanders (I-VT). It’s health care for all people. Single-payer is a
core tenet of left wing Democrats. It’s sounds great on paper. It resonates
with brain-dead Millennials who don’t know their a** from their elbow. And it’s
ruinously expensive. The cost is the same as it ever was at $30+ trillion (via AP):
Sen. Bernie Sanders' "Medicare for all" plan
would increase government health care spending by $32.6 trillion over 10 years,
according to a study by a university-based libertarian policy center.
That's trillion with a "T."
The latest plan from the Vermont independent would
require historic tax increases as government replaces what employers and
consumers now pay for health care, according to the analysis being released
Monday by the Mercatus Center at George Mason University in Virginia. It would
deliver significant savings on administration and drug costs, but increased
demand for care would drive up spending, the analysis found.
[…]
Responding to the study, Sanders took aim at the Mercatus
Center, which receives funding from the conservative Koch brothers. Koch
Industries CEO Charles Koch is on the center's board.
[…]
Sanders' office has not done a cost analysis, a spokesman
said. However, the Mercatus estimates are within the range of other cost
projections for Sanders' 2016 plan.
It’s not just Mercatus. Even The Washington Post noted
that single-payer is absurdly expensive.
They were commenting on California’s push for a single-payer system, which was
a massive $400 billion effort that included zero mechanisms within the
legislation for how it would be funded. California Assembly Democrats balked,
and oh how the hate was hurled at
them for that last year. Colorado voters also sunk a
universal health care initiative. The Post even noted in 2016, how
Sanders’ plan could be a disaster
for the working poor. Yet, Democrats seem to be looking at the bigger picture
regarding socialized medicine, but when voters are told that their
employee-based health care plans would be cannibalized in the transition to a
single-payer system, support drops…tremendously
[emphasis mine]:
The public is divided over a single-payer health care
system, with 47 percent favoring such an approach and 46 percent opposing it.
But when supporters are told that all health care
costs would be covered under a single-payer system — but that it would
eliminate employer plansand that there would be only one government plan —
the numbers move to 36 percent favor, 55 percent oppose.
So, it’s not a popular policy proposal. Only the
insufferable and urban-based professional Left likes this garbage policy, which
by the way isn’t working that well in the United
Kingdom.
UPDATE: Via Twitchy liberal
Kirsten Powers tried to downplay the price tag, while criticizing AP for
reporting on Sanders’ ruinously expensive health care proposal. It turned out
poorly.
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