Elizabeth Warren’s Plan to Finance Medicare for All Is a Disaster
Elizabeth Warren bills herself as the candidate with policy chops. But her Medicare for All financing plan is an unworkable mess.
Matt Bruenig is the founder of People’s Policy Project.
Elizabeth Warren bills herself as the candidate with policy chops. But her Medicare for All financing plan is an unworkable mess.
Seventy percent of Americans oppose bosses being allowed to change or eliminate an employee’s health insurance. That’s our strongest case for Medicare for All — you’ll never lose your health insurance again.
Bernie Sanders just released a landmark plan to shift ownership and control of the US economy away from the very affluent and towards workers and the public.
Mainstream fact-checkers keep accusing Bernie Sanders of false claims that are certifiably true. A recent example: his statement during the Democratic debate that 50 million people lose their health insurance every year.
The Working Families Party won’t release its membership’s vote on who to endorse for president, so here’s our math: Bernie probably won.
Anyone who tells you the welfare state doesn’t reduce poverty is lying. Last year, even the United States’ tattered system of social provision cut poverty by two-thirds.
Medicare for All doesn’t just provide everyone with the care they need, free of charge. It’s also a potent anti-poverty program, reducing poverty by over 20 percent and increasing poor people’s incomes by 29 percent.
British companies grant shares to their executives all the time. But now that Jeremy Corbyn’s Labour is planning to require them to grant shares to ordinary workers, the Financial Times is warning of disaster.
Capital’s share is more than enough money to finance a universal basic income.
The social dividend provided by a social wealth fund is not about unemployment or welfare at all. It is a socialist answer to the question of what to do about capital’s share of the national income.
A right-wing think tank just released a study slamming Medicare for All. It brings us no pleasure to inform you that its analysis is amateurish and riddled with errors.
The claim that “if you like your insurance, you can keep it” is the biggest lie in US politics. Your boss has more of a say over your health insurance than you do, and most workers could lose their health plan at any minute. That’s why we need Medicare for All.
Joe Biden released a new health care plan today. It’s garbage — and by stopping short of universal coverage, it could end up killing 125,000 people over ten years through uninsurance.
Anyone who says they’re worried about people losing their health insurance because of Medicare for All is being disingenuous: every year, under our current system, 50 million lack insurance at some point. The only solution to that insecurity is Medicare for All.
Here’s a statistic to get your class rage going: since 1989, the top 1 percent’s net worth has skyrocketed by $21 trillion. And the bottom 50 percent’s? It’s plummeted by $900 billion.
Bernie Sanders’s new plan isn’t just about making workers “stakeholders” in corporations: it’s about making them owners.
The United States is commonly thought of as a low-tax country. But workers effectively pay some of the highest taxes in the developed world — without getting a decent welfare state in return.
Democrats could propose a simple, social-democratic plan to help families with children. Instead they’ve unveiled a complicated, means-tested scheme that would shortchange poor kids.
One of the most common myths about the US health system is that if you like your insurance, you can keep it. But millions of people are thrown off their employer-based coverage every year — so the only solution is Medicare for All.
The critics have it wrong: by reducing health care spending through efficiency gains, Medicare for All would actually make it easier to fund other government programs.