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Friday, November 01, 2019

Elizabeth Warren: 2M lost jobs 'part of the cost' of 'Medicare for all'

Sen. Elizabeth Warren acknowledged in an interview that "Medicare for all" would cause two million jobs to be lost because of the disruption to the healthcare industry.

"Regardless of what kind of money is involved, 'Medicare for all' would likely result in a pretty significant kind of shift in how our healthcare system is structured, and even supporters of that approach within the health policy world have said that would likely mean lost jobs in some form," Casey McDermott, a reporter for New Hampshire Public Radio, told the Massachusetts Democrat during a Wednesday interview. "An economist at the University of Massachusetts, Amherst, told Kaiser Health News earlier this year that that could result in about two million jobs lost."

"So I agree," Warren responded to McDermott. "I think this is part of the cost issue and should be part of a cost plan."

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3 comments:

Anonymous said...

Why is it called "MEDICARE FOR ALL"? Politians will be exempt. That is wrong. They should not be exempt from any law that is passed. That is like Obama and the Democrats want to "SHARE THE WEALTH" but they set the limit at 4 million before they have to pay the extra taxes. That limit is just above their wealth. Is that a coincidence? Sharing the wealth should start at 1 million for added taxes, since I only make 28 thousand and have to pay for health insurance and have a lot less in benefits and retirement. Democrats are hypocrites and only look out for themselves.

Anonymous said...

I guess her idea is good for "Medicare for all" if you want to pay 75% of your paycheck for taxes to pay for it. Let's see, you make $400.00 per week pay for a 40 hour week. You lucky people get to take home $100.00 of that paycheck. You still have to pay your rent, buy food, pay insurances, car pymt. GOOD LUCK ALL YOU LUCKY PEOPLE WHO THINK THIS IS GREAT!!!!!

Anonymous said...

2 million jobs lost, oh well, the cost of doing business. BUT! we got that darned Trump out of office who steered the economy to record highs, and low unemployment, and sensible trade deals, and taking out the leader of ISIS, and ....oh darn....