By: Brian Evans
During the New Hampshire Democrat debates, Vermont Senator and 2020 Democrat frontrunner Bernie Sanders announced that his transformation of America’s economic system from a capitalist country to a socialist economy would raise taxes on the hardest working Americans in the nation…THE MIDDLE CLASS! He declared it necessary to pay for his government take-over of private healthcare, to make college free, and to pay off all student loans! Sadly, as a result, in the fine print of his proposals, he skims over the fact that his proposal means that ALL AMERICANS would LOSE THEIR HEALTH INSURANCE, PAY MORE IN TAXES, PAY FOR THOSE WHO REFUSE TO WORK, and in return…get worthless health care, massive debts, rationing, and ultimately, a crashing economy! In fact, one only has to look no further than the promises of EVERY SOCIALIST NATION IN HISTORY!
Even Sen. Elizabeth Warren admitted that her Medicare-for-all Socialized medicine plan will admittedly cost an astounding $52,000,000,000,000! For those who don’t want to count the many zero’s, that is a massive $52 Trillion dollars! THAT DOESN’T INCLUDE FREE COLLEGE OR PAYING OFF ALL STUDENT LOANS!
To make matters worse, it would cost EACH AND EVERY AMERICAN CITIZEN DEARLY! In fact, although Elizabeth Warren publicly states that nobody would have to…
“pay for premiums or copays or any of the other ways health insurance companies stick you with the bill.”
Warren’s campaign adds…
“What’s more, Elizabeth’s plan for Medicare for All doesn’t raise middle-class taxes by one penny.”
Warren also wrote…
“Here’s the headline: My plan won’t raise taxes one penny on middle-class families. In fact, we’ll return about $11 TRILLION to the American people. That’s bigger than the biggest tax cut in our history.”
But nowhere in those claims does she account for how she came up with that number, or even how she can come up with $11 Trillion to give to the American people!
In fact, when you look at the actual $54 Trillion it will cost to implement the socialized medicine program, she fails to mention that every American would lose their healthcare provider! She fails to mention that every American would see their wait-times increase if they get to see a doctor AT ALL!
In fact, Warren says that…
“87 million American adults in 2018 were uninsured or “underinsured” – meaning either “they have no insurance or their so-called health insurance is like a car with the engine missing. It looks fine sitting on the lot, but is inadequate if they actually need to use it.”
Therefore, according to Warren, the number of uninsured has gone up by 27 Million from when Obama passed Obamacare! Now, Warren is pushing for Medicare for all, which will insure everyone, but at the cost of quality of service, ability to access doctors and hospitals, and all at a cost that will bankrupt the American taxpayers!
Regardless, Warren claims…
“The $11 trillion in household insurance and out-of-pocket expenses projected under our current system goes right back into the pockets of America’s working people,” Warren writes. “And we make up the difference with targeted spending cuts, new taxes on giant corporations and the richest 1% of Americans, and by cracking down on tax evasion and fraud. Not one penny in middle-class tax increases.”
Then, Warren goes on to claim that no Americans will pay a penny for Medicare for All, unless you are in the top 1%, much like she is..
Fox News even pointed out how…
“The campaign’s detailed Medicare-for-all proposal, however, insists that the costs can be covered by a combination of existing federal and state spending on Medicare and other health care — as well as myriad taxes on employers, financial transactions, the ultra-wealthy and large corporations and some savings elsewhere. Those measures are meant to pay for a projected $20.5 trillion in new federal spending. Notably, they include what is essentially a payroll tax increase on employers, something economists generally say can hit workers in the form of reduced wages.”
Warren also proposes even more taxes on the ultra-rich, expanding on her previously announced signature wealth tax, to tax more of anyone’s net worth over $1 billion (estimated to raise another $1 trillion). Warren also calls for raising capital gains tax rates for the wealthy, taxing more foreign earnings and imposing a tax on financial transactions to generate $800 billion in revenue.
Also, Fox News pointed out how Warren fails to note how Lobbyists made a fortune off of Obamacare, as they would under Medicare for all! They revealed that…
“In 2017 alone, health industry players whose profiteering would end under Medicare for All unleashed more than 2,500 lobbyists on Washington,” her website says. “These industries will spend freely on shady TV ads and lobbying to convince people that a program that saves them massive sums of money will somehow cost them money. That being able to see the doctors and get the treatments they need regardless of what their employer or their insurance company thinks is somehow actually a loss of choice. That a program that covers more services, more people, and costs the American people less than what we currently spend on health care is somehow too expensive.”
Therefore, whether it is Bernie Sanders or Elizabeth Warren, not only would the powerful become more powerful, but if Warren’s or Bernie’s plan were to be actually implemented, and the government confiscated all of America’s wealth from the rich, it would still fall Trillions short of the needed funds to implement Medicare for all! Therefore, the only way for the government to manage the major shortfall that would ensue, following the implementation of ‘Medicare for All’, would be to begin the rationing of healthcare and critically needed medications for the sick and immune-impaired! Therefore, ultimately America’s elderly would struggle to attain their medications and access to healthcare, as their Medicare is re-distributed to those who are younger and healthier! Those who are the most expensive, like those with serious illnesses would see their healthcare and medications curtailed! Others would find long wait times to see doctors, sometimes weeks, months, or even years! As a result, some would see cancers grow beyond treatment, while others would die!
Meanwhile, as the government would try to find methods to attain greater funding to balance the imbalance, as they would drastically increase taxes on the Middle and lower classes, whether through income tax, sales tax, our one of the countless other taxes! That is if they haven’t already taxed the American people to death, for other socialist programs!