Medicare for All will create jobs, reduce our taxes, and save us trillions in tax $

Jason Lemon, writing about a couple recent studies in Newsweek:

A new analysis of the economic impact of a Medicare for All health care reform, like the signature policy proposal of Democratic presidential candidate Bernie Sanders, suggests that such a plan would not only increase wages for workers but also create additional jobs.

"The grain of truth in some of the claims is that, like any productivity improvement, the adoption of a reform like M4A would require the redeployment of workers from one sector (the health insurance and medical billing complex) to other sectors (mostly the delivery of health care)," he wrote. "But there is little in the M4A-induced redeployment of workers that would greatly stress the American labor market over and above the uncertainty and churn that characterizes this labor market every year."

…a study by researchers at Yale University, the University of Florida and the University of Maryland published in mid-February found that universal health care would actually save about $450 billion per year in health care costs. Additionally, it projected that a Medicare for All system would prevent at least 60,000 unnecessary deaths every year, as tens of millions of uninsured Americans would receive full health coverage under the system.

Source: https://www.newsweek.com/bernie-sanders-me...