Elizabeth Warren Admits ‘Medicare for All’ Could Eliminate 2 Million Jobs
In addition to eliminating two million jobs, a recent study showed that single-payer health care could not be funded by simply taxing the rich. That means middle-class families and small businesses will inevitably be suffocated by massive tax increases.
October 31, 2019
Elizabeth Warren’s embrace of ‘Medicare for All’ has been a consistent drag on her campaign, which has only been exacerbated by her failure to explain how she’d pay for it without raising middle-class taxes.
But another devastating impact of Warren’s health care position was exposed yesterday during an interview on New Hampshire Public Radio. Warren was asked to respond to a University of Massachusetts-Amherst economist who predicted two million jobs would be lost under ‘Medicare for All.’
Elizabeth Warren: “So, I agree. I think this is part of the cost issue, and should be part of a cost plan.”
In addition to eliminating two million jobs, a recent study showed that single-payer health care could not be funded by simply taxing the rich. That means middle-class families and small businesses will inevitably be suffocated by massive tax increases.
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