Price tag of Bernie Sanders’ proposals: $18 Trillion (user search)
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  Price tag of Bernie Sanders’ proposals: $18 Trillion (search mode)
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Author Topic: Price tag of Bernie Sanders’ proposals: $18 Trillion  (Read 4431 times)
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jfern
Atlas Institution
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Posts: 53,913


Political Matrix
E: -7.38, S: -8.36

« on: September 15, 2015, 03:33:23 PM »

The WSJ is making up numbers out of nowhere about Sanders? Hillary supporters can stop claiming she's the only one being attacked now.
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jfern
Atlas Institution
*****
Posts: 53,913


Political Matrix
E: -7.38, S: -8.36

« Reply #1 on: September 15, 2015, 03:43:41 PM »
« Edited: September 15, 2015, 03:45:46 PM by ○∙◄☻¥tπ[╪AV┼cVê└ »

The WSJ is making up numbers out of nowhere about Sanders? Hillary supporters can stop claiming she's the only one being attacked now.

Er, no, these numbers were provided by the Sanders campaign.

Are we talking about this thing? I'm not sure this is actually from the Sanders campaign.  And you'll notice the actual cost for the healthcare is $15 billion - $32 billion = - $17 billion. But again, I'm not sure there's anything specific to Sanders here. Also interesting is that Hillary's SuperPAC she's coordinate with decided to attack Sanders for single payer the same time this WSJ hit job came out.

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jfern
Atlas Institution
*****
Posts: 53,913


Political Matrix
E: -7.38, S: -8.36

« Reply #2 on: September 15, 2015, 03:53:08 PM »

From what I understand, the bottom (spending) is from the WSJ, while the top (savings) was made by a disgruntled Sanders supporter.

It seems the $15 trillion is from some random House bill from 2 years ago.
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jfern
Atlas Institution
*****
Posts: 53,913


Political Matrix
E: -7.38, S: -8.36

« Reply #3 on: September 15, 2015, 04:00:17 PM »

Are we talking about this thing? I'm not sure this is actually from the Sanders campaign.  And you'll notice the actual cost for the healthcare is $15 billion - $32 billion = - $17 billion.

The "Fed Funds" part of the graphic is from the Wall Street Journal, and is more or less accurate, with some of its numbers coming from the Sanders campaign itself, along with the SSA and a UMass Amherst study: http://www.wsj.com/articles/price-tag-of-bernie-sanders-proposals-18-trillion-1442271511

The "Cost Savings" part of the graphic is from a Sanders supporter on Reddit who doesn't really understand how this all works: https://www.reddit.com/r/SandersForPresident/comments/3l1cz6/hey_wall_street_journal_ftfy_in_response_to_18/


Well, it wasn't taking into account savings, and the Sanders campaign will be responding.

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http://www.politico.com/story/2015/09/bernie-sanders-18-trillion-new-spending-wall-street-journal-213639#ixzz3lpTBtmJ4
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jfern
Atlas Institution
*****
Posts: 53,913


Political Matrix
E: -7.38, S: -8.36

« Reply #4 on: September 15, 2015, 05:19:08 PM »

jfern, since this is just a hitpiece, how much do you think instituting a single payer health care system, making all college education free, and rebuilding national infrastructure is going to cost both in dollar amount for the new system and the economic losses from layoffs in the old system's demise?

There's no way that single payer is $15 trillion in new spending.
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jfern
Atlas Institution
*****
Posts: 53,913


Political Matrix
E: -7.38, S: -8.36

« Reply #5 on: September 15, 2015, 05:44:13 PM »

jfern, since this is just a hitpiece, how much do you think instituting a single payer health care system, making all college education free, and rebuilding national infrastructure is going to cost both in dollar amount for the new system and the economic losses from layoffs in the old system's demise?

There's no way that single payer is $15 trillion in new spending.

The current system, as that stupid graphic notes as savings, currently is going to cost $32 trillion over the next 10. If anything, $15 trillion for the entire US system sounds like a low number, unless we really believe single payer will cost less than half than our current model.

True, it could save some, but probably not that much. It certainly won't be a net cost of $15 trillion.  It's clear that most countries have better healthcare systems than ours, and despite their tending to have much lower amounts of private healthcare spending, the US government basically spends more than almost any other country's government per capita.
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○∙◄☻¥tπ[╪AV┼cVê└
jfern
Atlas Institution
*****
Posts: 53,913


Political Matrix
E: -7.38, S: -8.36

« Reply #6 on: September 15, 2015, 06:34:55 PM »

I imagine the costs would go down if such preventative procedures as cholesterol checks, cancer screenings, jabs etc. were free, no?

Yes, preventative care has the potential to be a fair amount cheaper than having the uninsured have huge ER bills that they don't pay.
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