In 2008, Healthcare cost $X
Now, it costs $X + something.
How much is that something? Quick search found this: https://www.healthsystemtracker.org/...tantially_2017
Only goes through 2016, but in the most recent 10 years shown, healthcare cost per capita went up roughly 40%.
So Healthcare now costs $X +.4X
This would be a good time to point out that all that stuff the government did over the last decade was supposed to reduce healthcare costs. Instead they're up 40%. Why would we give the government another shot at this? Serious question Jack. Bernie's not saying anything that folks weren't saying in 2008. There were "studies" back in those days too. People put their faith in socialized healthcare back then, and they got slapped in the cock with a 40% rate hike. Serious question....why would anyone believe it would be better a second time?
Anyway, before I embrace Medicare for all, you need to prove to me that
$2 Trillion over 10 years > .4X
https://www.wsj.com/articles/even-do...all-1533163559
Here's something from the today's WSJ that says X = 32 Trillion over 10 years. This is consistent with teh previous link that puts total healthcare spending at approx 3.2 Trillion per year. It's also consistent with other sources that cite $10K per capita annual spending (population 320 million). So there really shouldnt be any dispute here regarding the value of X. Do you disagree Jack? Do you have a different value of X that you'd like to use?
Let's convert everyhting to annual numbers in billions. Medicare for all claims to save $200B per year, according to the Koch brothers. Current annual costs (1.4x) are $3200B. So X = 2,285B
So, now let's plug those figures into the formula and see if the math checks out
On one side of the equation we have $200B
On the other side we have the 40% rate hike the government rammed up our corn holes. $3200B which is equal to 1.4X. So x = 2,285 and 40% of that would be $915B
$200B vs $915B
Which way should the alligator open its mouth?? > <
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