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Response to Gothmog (Original post)

Thu Jan 28, 2016, 09:27 AM

49. Bernie Sanders's fiction-filled campaign

This is a great editorial https://www.washingtonpost.com/opinions/bernie-sanderss-fiction-filled-campaign/2016/01/27/cd1b2866-c478-11e5-9693-933a4d31bcc8_story.html

Mr. Sanders’s story continues with fantastical claims about how he would make the European social model work in the United States. He admits that he would have to raise taxes on the middle class in order to pay for his universal, Medicare-for-all health-care plan, and he promises massive savings on health-care costs that would translate into generous benefits for ordinary people, putting them well ahead, on net. But he does not adequately explain where those massive savings would come from. Getting rid of corporate advertising and overhead would only yield so much. Savings would also have to come from slashing payments to doctors and hospitals and denying benefits that people want.

He would be a braver truth-teller if he explained how he would go about rationing health care like European countries do. His program would be more grounded in reality if he addressed the fact of chronic slow growth in Europe and explained how he would update the 20th-century model of social democracy to accomplish its goals more efficiently. Instead, he promises large benefits and few drawbacks.

Meanwhile, when asked how Mr. Sanders would tackle future deficits, as he would already be raising taxes for health-care expansion and the rest of his program, his advisers claimed that more government spending “will result in higher growth, which will improve our fiscal situation.” This resembles Republican arguments that tax cuts will juice the economy and pay for themselves — and is equally fanciful.

The Washington Post is agreeing with Prof. Krugman's analysis
This is the DU member formerly known as Gothmog.

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Gothmog Jan 2016 OP
Rosa Luxemburg Jan 2016 #1
MineralMan Jan 2016 #7
JRLeft Jan 2016 #11
MineralMan Jan 2016 #13
Gothmog Jan 2016 #22
hedda_foil Jan 2016 #25
Gothmog Jan 2016 #29
SunSeeker Jan 2016 #2
rateyes Jan 2016 #33
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rateyes Jan 2016 #38
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rateyes Jan 2016 #47
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lostnfound Jan 2016 #18
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in_cog_ni_to Jan 2016 #14
DesertRat Jan 2016 #16
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orpupilofnature57 Jan 2016 #27
R B Garr Jan 2016 #21
Iliyah Jan 2016 #32
orpupilofnature57 Jan 2016 #26
Gothmog Jan 2016 #34
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KingCharlemagne Jan 2016 #45
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LineNew Reply Bernie Sanders's fiction-filled campaign
Gothmog Jan 2016 #49
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