Friday, November 1, 2019

Warren Admits Universal Medicare Would Result in Two Million Lost Jobs

Elizabeth Warren
Elizabeth Warren has agreed with an assessment that a “medicare for all” plan would eliminate roughly two million jobs, reports National Review.

Warren was speaking during an interview at New Hampshire Public Radio.

“An economist at the University of Massachusetts, Amherst, told Kaiser Health News earlier this year that that could result in about 2 million jobs lost,” mostly within the healthcare industry, said NHPR reporter Casey McDermott.

“So I agree,” Warren replied. “I think this is part of the cost issue and should be part of a cost plan.”

The economist cited by McDermot is Robert Pollin of the extreme left Political Economy Research Institute at the University of Massachusetts.

“Every proponent of Medicare for All — including myself — has to recognize that the biggest source of cost-saving is layoffs,” Pollin said. He has calculated that Medicare for All would result in job losses (mostly among administrators) “somewhere in the range of 2 million” — about half on the insurers’ side and half employed in hospitals and doctors’ offices to argue with the former.


That's a real hard number! It suggests some layoffs will be among actual medical staff.

Truly amazing.  They are going to make healthcare free and actually think they will be able to get away with less medical staff.

These people actually think they can plan the entire healthcare sector with giveaways to all and get better healthcare!

And further, they appear to have no clue as to what their oppressive central planning would do to innovation in medical care.

These are extremely dangerous people with a dangerous desire to control. This type of extreme planning always gets very bad when it gets implemented. It would put healthcare on the Venezuela economic model.

Elizabeth Warren is quickly climbing the ladder to becoming the most dangerous woman in the world. I have her ranked just under Cristina Fern├índez de Kirchner who was just elected vice-president in Argentina, and Alexandria Ocasio-Cortez who sure is able to rally the youth to her mad central planing deires.


1 comment:

  1. Perhaps an apple will land on their head and they will realize that the Socialist Calculation Problem is just like gravity. It's ubiquitous and inescapable.

    I know! Let's call it "The Fatal Conceit". It's not like other people have tried to explain this stuff to them in the past. So how could they know?