Comments by "Xyz Same" (@xyzsame4081) on "Obama Pushes Failed Political Strategy On AOC u0026 Freshmen Dems" video.
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The U.S. spends literally ! double per person than wealthy countries with single payer (France, Germany, Netherlands, Austria, ....Japan) * see Keiser Foundation study. Sure they - like the U.S. - have to add generous subsidies to the funding that comes from mandatory wage related contributions (from workers AND companies)
* Washington Post clip (its only 5 minutes) of March 11th, 2019: The lingering questions about Medicare for All - at 2 :44 they show the numbers (very quickly, - considering this is a WaPo clip it could be worse, they avoid the all too obvious lies and misinformations).
W/o subsidies the wage related contributions would need to be too high even in a cost-efficient system. - roughly 5,000 USD per person - that would be 20k for a family of four. Or 40k in the U.S.
But: In the U.S. already 65 % of the expenditures are paid for by government (that is allocation of the Medicare wage deductions, and of course subsidies).
That is not as high as it may sound. With old age the most healthcare costs occur, that is just the natural state of things when modern medicine is used to prolong the life of citizens.
Medicare takes care of people over 65, and I think people with disability pensions (usually also higher risks) are also covered by the system (even when they are younger).
So the public agencies already deal with the most costly patients - and the private insurers have already a nice cherrypicked pool and could easily offer much better rates.
In other words: of the 10.240 USD per person in the U.S. (in 2017) 65 % or approx. 6.500 USD are paid by the government or via Medicare / Medicaid anyway.
(Those average numbers include every person no matter the age, and it does not matter if they have coverage or not or even needed treatment that year).
The subsidies in the single payer nations will logically not be higher than the total USD 5,000 per person ....
The U.S. already HAS costs even for people without coverage or those who do get too little care too late. And the people that are not yet covered are not the majority of the 325 million - not even half.
So going into the direction of countries that have HALF the costs PER PERSON offers obviously PLENTY of POTENTIAL to SAVE COSTS.
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@Arole Flynn Yes FDR was a failure - that is why FDR got re-elected again, and again, and again. - BTW it is of course possible that they did NOT cheat when assessing the unemployment rate, like they do today.
We have allegedly full employment but real wages (adjusted to inflation !) do not rise. When labor is scarce wages rise (Disney and Amazon and Seattle raised the minimum wage, the federal minimum is 3,xx (with tips) or 7,25 or something.
Now - I agree FDR should have been BOLDER with the gov. investment programs (but he had a hard time getting through what was done). With the start of WW2 (even though the U.S. was not yet involved another major jobs program started. Training soldiers. and indirectly: arming the U.S. and subsidies for exports: weapons and food. Congress had to grant the loans for the deliveries to the UK - it was not so certain, that would be paid back. Sure the U.S. expected Germany and Japan to fall eventually ....
In 1947 the U.S. had the highest federal debt ever - the rate between GDP and debt - well going there quickly.
They continued with even more gov. spending this time to help with the transition from a war to a consumer goods economy - for instace Marshall Plan as export boost, GI bill, Interstate Highway, still a lot of troops in Asia and Europe, ....)
The debt was taken care off with good wages and with high taxes for the rich and on profitable companies. (Which worked well - within 10 years the U.S. had grown out of the debt to a much better ratio).
After 1929 the whole world had closed down their markets, the war reversed that for the U.S.
Unfortunately those bold spending programs are only ever wholeheartedly supported when it is about war, adversity with other nations.
FDR had to twist the arm of some Demorcratic politicians to get through what was passed. (like today many were wealthy or rich - they could resign themselves easily to the suffering of the masses.
Republican industrial leaders (some) considered a fascist coup in 1934 (interesting story search Smedley Butler, Bonus Army).
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