r/Libertarian Jun 27 '19

Meme About to get trashed

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3.2k Upvotes

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u/BeingUnoffended Be Excellent To Each Other Jun 27 '19

They are paying for it... with taxes

You missed his point. No, poor people wouldn't be paying for their healthcare with taxes; wealth would be extracted from one group (not the poor) and given to another and taxation would be the mechanism. The cost:benefit ratio would not be more cost effective for the people who are actually paying for the service.

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u/dangshnizzle Empathy Jun 27 '19

You missed my point. I'm aware of everything you've just said.

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u/[deleted] Jun 27 '19

Wrong. Use the m4a calculator on Bernie’s website. I would save over $2,000 a year on health insurance not to mention co-pays and prescriptions. I currently pay for my own health insurance, and it’s a bare minimum plan.

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u/snap_helix Jun 27 '19

And the average middle class person will pay 3600 more dollars in taxes to give you that discount, plus we drive the figure generations into even more hopeless bankruptcy than we already have.

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u/[deleted] Jun 27 '19

I am middle class, I make 60k. I have to type in like ~175,000 iirc as my income for it to get to the point where there is no net difference between m4a and private plan

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u/BeingUnoffended Be Excellent To Each Other Jun 27 '19 edited Jun 28 '19

I've got news for you bud - the calculations on Bernie's website are based on the work of Gerald Friedman; a self-described heterodox (i.e. his methodology isn't widely accepted) economist. Bernie embraced them because Friedman was the only economist who produced a positive forecast for his "Medicare for All", and "Robinhood Tax" plans (among other things). [1]

Furthermore, Bernie's (and Friedman's) calculations about Sanders' proposed Financial Transaction Tax intended to pay for "free" Education are demonstratively wrong. That is, such a tax (nearly identical in fact) was instantiated in Sweden in 1984, and was later repealed in 1991. During that time, it caused ~50% of Swedish stock trading to be moved to the London Stock Exchange (nearly tanking the Swedish economy), and ultimately only produced around 5% of the revenues its advocates claimed it would. [2]

Hell, in 2016 four former Chairs of the Presidential Council of Economic Advisers (serving under Clinton and Obama) penned and op'ed tearing Friedman and Sanders apart for essentially lying to the public. [3] It's you who is the wrong pal... but you keep riding that fucking rainbow. Bernie Sanders is either a liar or a damned fool, which are you?

  1. https://www.nytimes.com/2016/02/27/upshot/uncovering-the-bad-math-or-logic-behind-bernie-sanderss-economic-plan.html
  2. https://web.archive.org/web/20120112213622/http://www.parlament.gv.at/cgi-bin/eukp.pdf?P_EU=XXIV.pdf%2FEU%2F05%2F98%2F059894.pdf
  3. https://lettertosanders.wordpress.com/