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Last year in North Carolina, Democratic State Representative Verla Insko moved to kill her own pro-single-payer bill. An assessment from the state legislature's Fiscal Research Division pegged the cost of single-payer at $70 billion, $42 billion of which would have to come from the state. That latter figure is almost twice the state budget.
lol....
Yeah...a study done by the civitas institute. Surprised they didn't claim it would cost 1 trillion dollars. It was a cheap political stunt by the state GOP and that was the reason she pulled the bill (that had been sitting dormant for over a year prior to this "study").
She is swimming in cash from Wall Street, big tech, and the huge pharma and insurance corporations. She is no ally of ordinary Americans. As her track record shows, she will side with the ruling billionaire class over salt of the earth Americans. The corporate media is just playing this game where they lift up two candidates with the same big donors and try to create two camps that the people are supposed to align with; this time its either Pro-Trump or Pro-Harris.
I do not know too much about Harris but from what I have been reading she sounds just like Obama. Obama loved him some bankers and big pharma with their "gag rule" in place they showered Obama with campaign contributions.
All of the stuff she wants to implement would never see the light of day and have no chance of ever passing. With that said why would anyone waste a vote on one of these Sanders wannabees?
Which wars did Obama start and which wars has Trump stopped?
Quote:
Originally Posted by PCALMike
She is swimming in cash from Wall Street, big tech, and the huge pharma and insurance corporations. She is no ally of ordinary Americans. As her track record shows, she will side with the ruling billionaire class over salt of the earth Americans. The corporate media is just playing this game where they lift up two candidates with the same big donors and try to create two camps that the people are supposed to align with; this time its either Pro-Trump or Pro-Harris.
When has she sided with the ruling billionaire class over regular Americans? You think she would appoint corporate tools to the SCOTUS like Trump has?
You said the same thing about Hillary and look where we are with regard to the SCOTUS and withering away of rights for our fellow Americans.
Look where we are with regard to regulations on pollution in our air and water - Trump did away with those.
Funny how every country in the world manages to provide health care for everyone at a far lower cost than our current $3.6 trillion health care system, but we cant do it. Could it be because we allow big pharma and insurance corporations to steamroll the public?
Recall that the same scare mongering was used in the 1960s when Medicare was on the table. Passing Medicare would mean the end of America and socialism run rampant. 60 years later and it is deeply popular even among Republicans. Stop the endless war mongering and implement a 6% federal sales tax, and we can guarantee health care for everyone like we should do as a moral nation.
You think Medicare isn't socialism run rampant? 14% of our budget today is medicare, another 10% on Medicaid, and 25% on social security. 49% of the budget are these 3 programs and only 1 of them is "self funded", social security (for now). Add SNAP and half the US budget is socialist programs. None of this includes HUD (section 8 housing) or a miriad of other socialist programs. Our military spending is out of control but only amounts to about 18% of the budget.
If you think a 6% sales tax will pay for medicare for all you are a fool. Consumer spending is about 70% of GDP with 2/3 of that spent on housing, health care, other services. That leaves 1/3 of that (roughly $4.6T) that would be taxed; this is durable goods (clothing, cars) and non-durable goods (food). A 6% tax on that would only cover about $280B, not even close. Does Congress even have Constitutional authority to implement a sales tax?
Conservatives whining about "free stuff" is precious. Trump and the Republicans say there's no money for middle class programs like healthcare, college education or infrastructure. But then they fall over themselves to hand out $1 Trillion in tax cuts to the wealthiest 1%.
And yes, Trump's tax cut was a handout. When you give a tax cut during a time of deficits, those tax cuts are funded by public borrowing. When Richie Rich buys a yacht tell him "you're welcome" because you, me and our kids paid for it.
At least with the Democrats if we have deficit spending that we all pay for, at least we get programs to help us in return. The Trumplicans just make the rich richer and we get crumbs.
When will the Democrat hopefuls realize that Bernie's platform seemed to be the reason he had traction, but was actually the fact that they either did not like Hillary or felt, rightly as it turned out, that she could not win in the general election. Almost all of them are rushing to the left for the wrong reasons. I hope they keep pushing in that direction.
Guess what, healthcare is already bankrupting this country. Since the GOP is offering zero solutions, I suggest we listen to the Democratic nominees.
Cost of healthcare, public and private, next 10 years: $34T
Cost of Medicare For All, next 10 years: $32T (source)
We as a nation would save $2 Trillion if we adopt Medicare For All. What are we waiting for?
And it's not "free stuff." Our taxes will go up -- a lot. For most, the higher taxes would be less than what we pay out now in private insurance premiums.
You think Medicare isn't socialism run rampant? 14% of our budget today is medicare, another 10% on Medicaid, and 25% on social security. 49% of the budget are these 3 programs and only 1 of them is "self funded", social security (for now). Add SNAP and half the US budget is socialist programs. None of this includes HUD (section 8 housing) or a miriad of other socialist programs. Our military spending is out of control but only amounts to about 18% of the budget.
If you think a 6% sales tax will pay for medicare for all you are a fool. Consumer spending is about 70% of GDP with 2/3 of that spent on housing, health care, other services. That leaves 1/3 of that (roughly $4.6T) that would be taxed; this is durable goods (clothing, cars) and non-durable goods (food). A 6% tax on that would only cover about $280B, not even close. Does Congress even have Constitutional authority to implement a sales tax?
A 6% value added tax (includes services) should generate $700-800 billion a year. Add that to the roughly 1.7 trillion in current public spending on health care and we're at $2.5 trillion. Add $500 billion in private health care spending (typical of countries with universal health care) and we're at $3 trillion. At $3 trillion or almost 15% of GDP, it would be the most expensive single payer system in the world (all other developed countries spend 9-12% of GDP on health). If you're saying it will be far more expensive than that, we're doing something wrong (time to fight corruption siphoning off our dollars).
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