‘Medicare for All Means Huge Loss of Jobs’

‘Medicare for All Means Huge Loss of Jobs’
Any sensible person with half a brain knows that socialism is terrible. This includes socialistic ideals like universal healthcare. Just take one look at Venezuela and you can see just what that does to a country.

However, we have people (politicians) in America pushing socialism. They think, that for some odd reason, they can make it work in our country, even though it has failed everywhere else.

Presidential candidate and Senator Elizabeth Warren indirectly admitted just how horrible of an idea “Medicare for all” is, while interviewing on New Hampshire Public Radio on Wednesday. She stated that she agreed with an economist from the University of Massachusetts who stated that a system like that in place would cause a huge loss of jobs.

Radio host Casey McDermott kicked off by asking, “Where’s the money going to come from?” in regards to Medicare.

Warren did not answer the question, but instead said, “So, I’m working on a plan on that and it’s going to be out soon. And it’ll talk about two things: both how much Medicare for All will cost, and how we can pay for it. So, it’s hard; it’s something I’ve been working on for a long time but I’ll have a plan on it soon.”

McDermott then asked, “Will my taxes go up under Medicare for All?”

Warren then began her spiel, “Let me put it this way; I have spent a big part of my life studying why families go broke. And one of the principal reasons is the cost of health care.”

“So here’s how I think of this: we know that Medicare for All is the cheapest way to provide health care coverage for everyone, so we can pay for this. You will see, most likely, rich people’s costs go up; corporations’ costs go up, but the costs to middle class families will go down,” she said.

McDermott then targeted the issue of jobs lost:

Regardless of what kind of money is involved, Medicare for All would likely result in a pretty significant kind of shift in how our health care system is structured. Even supporters of that approach within the health policy world have said that that likely would mean lost jobs in some form.

An economist with the University of Massachusetts-Amherst (Robert Pollin of UMass’ Political Economy Research Institute) told Kaiser Health News earlier this year that that could result in about two million jobs lost.

He said that would be mostly administrative positions and insurers, doctors’ offices, and he said that politicians who want to move toward that system, Medicare for All, have to think about what a “just transition, a fair transition” would look like. What would that look like for you?
Warren concluded, “So I agree. I think this is part of the cost issue and should be part of a cost plan. Although do recognize on this what we’re talking about, and that is in effect how much of our health care dollars have not gone to health care, how many of those dollars have been pulled out in other directions.”

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