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Gothmog

(182,234 posts)
10. Exclusive: Economist who backed Warren healthcare plan has doubts about her wealth tax
Fri Nov 8, 2019, 05:17 PM
Nov 2019



- A leading economist who vouched for Democratic presidential candidate Elizabeth Warren’s healthcare reform plan told Reuters on Thursday he doubts its staggering cost can be fully covered alongside her other government programs.

Mark Zandi, chief economist at Moody’s Analytics, also voiced skepticism that the wealth tax provision in Warren’s plan - a key funding mechanism - will produce predicted levels of revenue because those targeted by the tax will seek to dodge it.....

Zandi said despite signing a highly touted letter last week backing the calculations for Warren’s Medicare for All plan, he does not support shifting Americans off the private health insurance they have in favor of a single-payer, government-run regime.

“I am not a fan of Medicare for All,” said Zandi, who is not affiliated with any Democratic presidential campaign and does not speak for the Warren campaign. “We have 160 million people who have private insurance and are pretty happy with what they have. Why change that?"
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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