Legal Insurrection:
“Sanders’ astronomical estimate aligns with a Mercatus Center study conducted last year”
Bernie Sanders was interviewed by the Washington Post on Tuesday and when asked what the price of his Medicare-for-all plan would be, he casually answered that it would be 30 to 40 trillion over ten years.
Oh, is that all?
The NTK Network reports:
Bernie Sanders Admits Medicare for All Would Cost Up to $40 Trillion
Sen. Bernie Sanders (I-VT) admitted during an interview with the Washington Post on Tuesday that Medicare for All, his preferred government-run health care system, could cost up to $40 trillion over a 10-year span.
he Washington Post’s Robert Costa asked Sanders to put a number on what his proposal might cost.
“Somewhere between $30 trillion and $40 trillion over a 10-year period,” Sanders responded.
Sanders’ astronomical estimate aligns with a Mercatus Center study conducted last year that pegged the 10-year cost to be about $32.6 trillion.
A senior research strategist from Mercatus testified before Congress and said that “doubling all currently projected federal individual and corporate income tax would be insufficient to finance” Medicare for All.
Sanders typically avoids direct discussions about the costs associated with Medicare for All. Frequently, he qualifies the massive price tag by noting that Medicare for All eliminates premiums, co-pays, and other costs associated with the current system.
Take all the finances of the Billionaires, Millionaires & the rest of the population combined within every landmass on the planet Earth & there still won’t be enough to pay for this fiasco, because where the “Progs” are involved, it will actually cost ten times the stated amount.
Let me get my wallet.
Hold my beer.
Oh those whacky, oh so productive, lying Socialists!
Double that and it’s still not enough!
Gee, I thought it was free.
Wouldn’t be nearly so much if we just euthanized everyone on their 51st birthday or second hospital admission, which ever comes first.
Wait-a-sec while I ask my great-great-great-great grand children if that’s okay with them since they’ll be paying the bill, okay, Bernie?
Oh, and your Commune called. They said you left a huge mess and were a really lazy Communist.
SOUTH KOREA HAS GOVERNMENT PRICE CONTROLS
Are they running out of doctors and empty hospitals? Is there a crisis? NO.
The medical system runs just fine, and doctors / nurses don’t make rock-star salaries. Don’t need 40 trillion dollars, just need to make sure these people aren’t making huge salaries.
Bet that would balloon in the next coming years! Oh well the next generation have to pay.
No, no, no. You’ve all missed the obvious. We’ll just have Treasury stamp out a couple of 20 trillion dollar coins. Ta da! Problem solved. You’ve just got to adjust your thinking to fit modern economic theory.
Someone needs to tell Bernie that there has already has been a Jewish Savior who doesn’t need replacing.
@ Mithrandir
SOUTH KOREA HAS GOVERNMENT PRICE CONTROLS
Are they running out of doctors and empty hospitals? Is there a crisis? NO.
You have to be joking. South Korea has an “aging population and the low birthrate of the country leaves future growth unknown. Recent studies indicate that the population could drop by 40 million to just 10 million by the year 2136,” according to World Population Review. They are also a homogenous culture, 99% Korean ethnicity, unlike the USA and would adhere to a government run system more effectively than a vibrantly diverse country like ours.
The moment we hand out Medicare for all, we are going to be swamped with every Third World family with a sick child who can make it across that border.
Also, lest you forget, Medicare for all is going to wipe out the stock market. Not much to tax if the rich loose all their investments.
We probably will add another 40-100 million refugees who will have no capacity to economically contribute to society in any meaningful way and neither will the next generation of of them if current statics hold true.
This guy is like the honey badger of politicians.
As I’ve said elsewhere, whatever the plan, Congress, their staff and the elites will be exempt and have something better.
Four Zimbabwean $10,000,000,000,000 bills … no big deal …
Got one in my desk I’ll donate if BS will go away.
izlamo delenda est …