Misdirection to avoid answering: "In common we need affordable health care." How to you propose solving that concern?
You wont like it and you will call me an idiot once again. So why bother?
Ultimately though, as robots and Ai take over every income producing activity in the world, other than return on investment. Either we will have a massive die off, or investors will pay all of the taxes. it's coming one way or the other. work now to preserve the middle class or wake up dead. because they wont need slaves, actual or indentured.
That part is certain.
You say increase taxes causes inflation. it certainly can, but it also drives down demand, which tends to balance out. the same way high gas prices tend to balance. Too high and people stop going places. that causes downward pressure on pricing.
The current health care bill in the US is 4.9 trillion per year.
In 2023, the United States spent $4.9 trillion on healthcare, which is about $14,570 per person. This represents 17.6% of the nation's Gross Domestic Product (GDP).
In Fiscal Year 2022 (FY22), the U.S. federal government collected $4.9 trillion in revenue and spent $6.3 trillion, resulting in a deficit of $1.4 trillion. This deficit represented 5.5% of the Gross Domestic Product (GDP). Total revenues were 19.6% of GDP, while total expenditures were 25.1% of GDP.
these are interesting figures. What do they tell us? Think about that first part.
Part 2
Larger health insurance pools, where more people are included, generally lead to lower premiums. This is because a larger pool allows for the costs of high-risk individuals to be spread over a wider group, including those who are younger and healthier, who generally incur fewer medical expenses. This sharing of risk helps to stabilize premiums and make them more affordable for everyone.
Add to that standardizing of cost across the country (allowances made for local cost of living in different regions) makes it simpler and and less expansive.
if we move to a Universal Health Care we will gain efficiencies and reduce the burden of being poor . including the working poor, which even conservatives should have empathy for. if we did this, it would improve the lives of the working poor without creating wage competition based inflation, which is the biggest cause if real circular inflation. Not government borrowing. like trickle down folks have been preaching for decades.
At least it wasn't as long as the dollar remains the global reserve currency backed by oil.
Final answer, all indicators point to massive savings by switching to Universal health Care including a reduction in inflationary pressures.
obviously there is a lot more. but that is a start.
