Warren Admits Universal Medicare Would Result in Two Million Lost Jobs

[Eyeball_Kid]

151. You could address this as a job loss, or...

you could credit the designers of universal health coverage for making a much more efficient delivery system. The job losses might be in the HEALTH INSURANCE INDUSTRY, perhaps?

Isn't that what anyone would expect who considers actions and consequences?

When capitalism is inefficient, what shall we do? Oh, and please. Capitalism does have its strengths. And let's remember: the private sector makes a ton of money off the Medicare system.

A system that approximates Medicare should be more efficient. A close approximation of a socialistic system for delivery of health care services just may be more efficient. Is there anything wrong with facing that possibility?

Warren also adds that the job losses would be part of the "cost plan." If you know Warren by her previous actions and words, you could probably guess that she wants the job losses to be balanced by increases in other areas of the economy, and that those who lost jobs would have preferences in some areas of the economy. Just a guess.