Home » Elizabeth Warren tries some math on Medicare for All…

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Elizabeth Warren tries some math on Medicare for All… — 39 Comments

  1. According to National Review, the egregious Gruber received nearly six million dollars in taxpayer-funded healthcare-consulting fees several years ago leading up to the disastrous roll-out of Obamacare. Furthermore, the Obama administration squandered hundreds of millions of dollars on the badly-designed website.

  2. Democrats don’t do reality economics anymore. I am so old I can remember when they were able to consider the results of policy. When I was in the medical association some of the best ideas about health care came from California Democrats. That was, of course, many years ago. Unions ran their own health plans, often times. They knew exactly the costs and benefits.

  3. Elizabeth Warren could feed a picnic gathering of many thousands if properly cleaned, spitted, roasted and portioned out; provided the many thousands all brought their own potato salad, baked beans and coleslaw.

  4. LeClerc, let’s not be too hasty about who will be nominated. These are Democrats we’re talking about.

    And as to Warren’s plan, of course banks and large corporations don’t employ middle-class people. No, sirree.

  5. As to the high costs of healthcare in America compared to the socialist schemes in places like the UK, I happily declare that we in America are worth it.

  6. A tax on assets would have to be apportioned among the states to pass constitutional muster.. or it would if we had an appellate judiciary with integrity.

    The proposals are ‘complex’ because if they were simple, people would understand, in a rough sort of way, what it would cost them. And Lizzie is determined they not understand that.

  7. I also lack the deep knowledge to fully explain Warren’s disaster of a plan, but I think it was Mollie Hemingway who explained it recently in a way that most of we deplorables can understand. If we took all of the money from every bank in the country and then tripled that amount, then we’d have enough to pay for Warren’s plan.

  8. and there is a finite amount of money you can squeeze from the very wealthy.

    Interest and dividend income per capita is currently about $9,400 per annum in the populace at large. People living in households with > $20,000 in interest and dividend income per capita sum to < 10% of the population and skew elderly.

  9. If we took all of the money from every bank in the country and then tripled that amount, then we’d have enough to pay for Warren’s plan.

    Personal income in this country currently sums to $18.7 tn per year, of which perhaps $15.5 tn can be located by tax collectors. Currently, gross output in the ‘health care and social assistance’ sector is $2.5 tn, of which about $500 bn consists of out-of-pocket charges. So, a comprehensive insurance plan would require an assessment of 13% on discoverable personal income (= 2/15.5) for starters, and that’s assuming you have cost control mechanisms in place. (High deductibles, &c).

  10. “not one penny in middle-class tax increases.”

    Agree. It will take hundreds of thousands of pennies in middle-class tax increases to fund this.

  11. There ain’t enough money to make it work? The numbers don’t add up? So what??

    Of course the numbers look bad. That’s by design. The white man makes the numbers say whatever he wants. It’s *racism*, pure and simple.

    Math is white supremacy, didn’t you know that?

    “Mathematics Itself Operates As Whiteness”: University of Illinois Professor Triggers Controversy In Calling For Professors To Recognize Math As Privilege

    https://www.google.com/amp/s/jonathanturley.org/2017/10/26/mathematics-itself-operates-as-whiteness-university-of-illinois-professor-triggers-controversy-in-calling-for-professors-to-recognize-math-as-privilege/amp/

    Don’t let whitey fool you with official-looking facts and figures that say we can’t afford *justice*.

    We as non-white people deserve our heart’s desire; and when we, as people of color, set our minds to it we can do *anything*.

    HEY HEY
    HO HO
    WHITE SUPREMACY’S
    GOT TO GO

  12. Just how do you place a $$ amount on something that is “unrealized”? Someone explain it to me. Sounds like a lot of slight of hand hocus pocus.

  13. When they say crazy shit, I validate it.

    You ever do judo, wrestling, any kind of grappling?

    There’s more than one way to trip up an attacking opponent.

    One way… the conventional way… to meet his attack is to stand your ground, to be a rock that he cannot move.

    The other way is to *go with* the maneuver. He pushes you back, you move back… and pull him into you.

    He moves you but it’s waaaaay more than he was anticipating.

    He ends up with his head and shoulders in front of his hips so he loses his balance and falls on his face.

  14. If Warren becomes the Democratic candidate, then the very existence of this ‘plan’ could get her elected. Let me explain…

    Should it look like Warren has a good chance of winning the presidency, a lot of high-income and high-net-worth people are likely to sell their stocks and other assets, in order to get out front of a capital gains tax increase. This would cause a downturn in the markets, with likely malign effects on the economy as a whole.

    Which would at least partially disable one of Trump’s major arguments for his reelection.

    So, a perceived 60% chance of a Warren win (for example) could lead to her actually winning.

  15. And that’s just the money needed for Medicare For All. Don’t forget the other promises: Reparations, free college, and the biggest hit of all, the Green New Deal.
    People who actually believe her are going to be disappointed.

  16. This is such nonsense. Most people could be convinced with a couple of very simple suppositions: liberals claim that the profit motive has made the health insurance industry a heartless entity that exists to deny customer claims in order to increase profits. Yet, we are expected to believe that this same, profit obsessed organization employs redundant administrators that the federal government will eliminate from its non-profit model. Who is being naive?

  17. The notion of taxing unrealized capital gains is utterly absurd; the kind of thing AOC would propose. It is sobering to realize that E. Warren was instrumental in creating the Consumer Financial Protection Bureau. Maybe “Kafkaesque ” is more appropriate.

    The current CFPB Director, Kathleen Kraninger*, believes that the Bureau is unconstitutionally structured, because unlike other federal agencies, it has a single director who can only be removed “for cause.”

    DOJ has filed a brief with the Supreme Court adopting her position, and the Court will hear the case this term. Seila Law v. CFPB

    * Elizabeth Warren strongly opposed Ms Kraninger’s appointment.

  18. Why do so many of the above, take EW’s words at face value when she is lying? She is a vile, hypocrite, but that does not mean she is is stupid. She knows her policies are utter BS, and knows her base is clueless. Dangerous.

  19. Why do so many of the above, take EW’s words at face value when she is lying? She is a vile, hypocrite, but that does not mean she is is stupid. She knows her policies are utter BS, and knows her base is clueless. Dangerous.

  20. Warren, Buttigieg, Sanders = left fantasy candidates.

    Only the doddering one has a chance (although he may not win Ohio – errrrr, I mean Iowa !

  21. “…And Lizzie is determined they not understand that.”

    Indeed, but hers is an old act, as demonstrated by this blast from the past:
    https://www.youtube.com/watch?v=Adrdmmh7bMo

    (Such blatant, patronizing paternalism—maternalism?—would appear to be hard-coded into huge swaths of the Democratic Party.)

    But wait!
    Warren may well be onto something here since, as is well known, math (especially when it comes to Medicare, no doubt) is racist!!:
    https://www.nationalreview.com/2017/10/math-racist-university-illinois-professor/
    https://www.hoover.org/research/seattle-schools-propose-teach-math-education-racist-will-california-be-far-behindseattle

    Ergo, she can—clearly—invent whatever mathematics she wishes to…since to voice any objection to it would be (well, you get the idea…).

  22. the justice democrats have her back..

    “There’s no evidence that the crime in this country, particularly the heinous crime, is committed by our immigrant neighbors. So again, it’s a false narrative,” Bowman said. “The biggest issue in our country is white male domestic terrorism. That’s the biggest issue and that’s what we need to deal with straight away.”

    When demagogues started portraying Jews as the biggest issue, Germans were slow to take them seriously.

    Bowman, a Bronx middle school principal, is running an insurgent bid to unseat incumbent Democrat representative Eliot Engel in New York’s 16th district.

    Responding to the criticism that Democrats are weak on borders, Bowman claimed that “99.9 percent of our immigrant neighbors that come here, come here in peace and come here looking for asylum.” He touted an open borders policy, arguing that “so-called immigrants are coming” into the United States “because we were in their backyards causing havoc and destruction in their homes.”

    Above thanks to Moonbattery…

    Warren thinks she will give 12 million amnesty (executive order and riots if negated?), and they will then enter the tax rolls to pay for our health care…. yeah, some socialist demagogue will just point out that she wants slaves to pay for the privileged…

  23. Her plan repeatedly claims that this stupendous amount of money includes “not one penny in middle-class tax increases.”

    Sure it won’t. Fees, attachments, allocations, contributions, duties, expenses, fines, levies, tariffs, assessments, customs, obligations, tithes, dues, imposts, tolls, tributes, giveaways, impositions…

    But read her withered lips: No New “Taxes”.

  24. A scan of this morning’s news showed that both the NYTimes and WaPoo editorials hammered Warren over her Medicare for All plan. I was shocked, simply shocked.

    But Neo explained it all for me. Law firms are the large and rock solid funding base for Dems.

    It is rather shocking that the unconstitutionality of a wealth tax isn’t getting that much attention. It’s almost as though the constitution has slipped from being the supreme law to ignorable law.

  25. It is rather shocking that the unconstitutionality of a wealth tax isn’t getting that much attention. It’s almost as though the constitution has slipped from being the supreme law to ignorable law.

    The tax would have to be apportioned among the states to pass constitutional muster. I don’t think a direct tax so apportioned has ever been attempted.

  26. perhaps warren gets her ideas from the UK?

    Britain demonstrates what we are in for:

    A National Health Service (NHS) trust has announced that it will withdraw treatment from patients it deems to be racist or sexist.

    What does it take for North Bristol NHS Trust to decide you are a racist/sexist undeserving of medical care? Not much:

    The policy would cover not just “Threatening and offensive language” but also “Racist or sexist language, gestures or behaviour” more generally, as well as “malicious allegations” — a rather troubling caveat, given the NHS has in the past been entangled in large-scale malpractice scandals which hospitals and staff have initially denied.

    Be sure not to criticize the quality of care, or you may get none at all.

    Do note that according to current ideological underpinnings…
    white males are all born racist and sexist…

    this has been a public service announcement

  27. Your deer is a lovely horse..

    this allows them to know who is truly on their side the same way
    if people knew the history of communism, and books like “the dream that would not die” you would know that after the birth in Russia… the whole of it became super enamoured of the chinese… which is where you get the idea favoring homosexuality (eunichs who ran things) and these “shows of loyalty”

    described dozens of times… but doesnt seem anyone puts things together
    preferring to forget the lesson that makes sense out of the nonsensical

    at some point, making sense of it is not worth doing…

  28. Jack Ryan series is an interesting propaganda piece

    This season is centered on Venezuela, where a far right-wing nationalist is in power, and he is to blame for the horrible poverty currently plaguing the country. I’m not an expert on Venezuela, but I feel confident that right-wing policies aren’t at the root of their problems. Socialism has destroyed what should be one of the wealthiest countries in the world. There’s no food, no medicine, and inflation is so bad that their currency is essentially worthless.

    see? the nationalist is defeated by the communist woman and all are happy

  29. Artfldgr on November 5, 2019 at 2:26 pm said:
    Jack Ryan series is an interesting propaganda piece

    This season is centered on Venezuela, where a far right-wing nationalist is in power, and he is to blame for the horrible poverty currently plaguing the country.
    * * *
    Unmoored from reality and taking the entire TV viewer base with them over the falls.

    https://townhall.com/columnists/dennisprager/2019/11/05/the-leftright-divide-is-about-reality-itself-n2555899

  30. David Foster on November 4, 2019 at 5:59 pm said:
    If Warren becomes the Democratic candidate, then the very existence of this ‘plan’ could get her elected.
    * * *
    Hmmm.
    But if she doesn’t frighten the “high-income and high-net-worth people” then they won’t turn against the Democrats (as recently threatened by some) and she will also be elected.
    Sure sounds like a lose-lose deal – let’s hope the Dems go with someone else.

  31. Too many college indoctrinated graduates, with and without big debt, are terrible on math. Many even proud of being bad.

    But as long as anybody is rich, it’s not too hard to believe that there is more tax revenue available to the gov’t if they just choose to “tax the rich”.

    A post-Christian society has little reason to avoid punitive taxation, even if the revenue by the gov’t is less than expected.

    The idea that the middle classes won’t pay for it is a laughable lie — but most Dems will just laugh it off.

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