Comments by "" (@jmitterii2) on "Libertarians Admit Medicare-For-All Saves TRILLION$!" video.

  1. Very important about Venezuela is that it was worse before 1999, they're poverty was 48% reduced now to 37% because it was a disaster well before the social authoritarian government took over. Authoritarian because after the elections a vote was done by the people to remove checks and balances... something that I think any country should NEVER do, and if they do are automatically classified as authoritarian in my opinion. But what they will get if we keep going down this untenable system, we will go the way of some authoritarian regime. Look at the uneducated shit wits drooling over Trump who makes authoritarian statements and flat out contradicts himself, and these buffoons state they like how he's a "strong" man. Every seed to every authoritarian regime was a collapse of another. And that's what not doing empirical scientific evidence based economics results. All major nations that have universal healthcare pay about half in GDP as a nation, all secure, pay less taxes than we do on individual income of $90K family Income of $120K. And they don't have to pay insurance premiums, copays, and deductibles, and not be covered if "out of network". That's fact. https://www.commonwealthfund.org/sites/default/files/documents/___media_files_publications_fund_report_2017_jul_schneider_mirror_mirror_2017.pdf And the GDP growth rate that occurs now at 2016 $3.337 trillion in all medical spending, over last 10 years 2006 total spending was $2.156 trillion; 64.6% increase in 10 years. So if it increases by the same 64.6% by 2026 in the same idiot system we have today it will be $3.4 trillion we spend today in 2027 would be $5.59 trillion a year... or 6.46% yearly increase compounds over 10 years to $44.94 trillion. The study actually addresses healthcare price increases and accepts that such increases would be stopped, but essentially capped no increase in prices nor decreases due to bargaining power of a universal system. Only reduces administration costs to 6% even though medicare historically is 2% administration cost. $44.94 trillion projected to spend based on healthcare rate increases over 10 years - $32 trillion under a medicare for all system over 10 years. So really you're looking at a nominal (not adjusted for inflation) savings of $12 trillion.
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