Vermont senator Bernie “Colonel” Sanders has put forth a “plan”—endorsed by a host of Democratic politicians, and the Fairy and Unicorn Union (FUU)—that would increase government health care spending by a mere $32.6 trillion over 10 years (according to a new study).
The “Medicare for All” plan was examined by the Mercatus Center at George Mason University, whose study showed the plan would require historic tax increases. If the plan were implemented, the government would need to replace all the money that employers and consumers currently pay for their health care, as well as account for the dramatic increase in demand that would inevitably follow.
Sanders has avoided conducting his own cost analysis, which is clever, as some of those supporting the plan have, to put it politely, struggled to explain how they would pay for it. Those queried have given answers like, “We’d just have to win the lottery,” “if everyone put all their pennies in a jar every time they got home from the store, for the next, like, 12 years…” “Bezos, Gates, Zuckerberg, Buffet, Bloomberg, Soros….I mean, those guys can afford to pay more,” “Giggle. I, uh, don’t really know, but we can ask economists…” and, “Look! Over there! It’s Elvis! He’s alive!”
The total of all the annual budgets of the top 26 spending countries on Earth—put together, including the United States—was about $17 trillion in 2013. That is the U.S. at number 1, plus Japan, China, Germany, France at #5, and on down through the UAE and Finland at # 25 and #26. As someone once said, “I mean, hello!”
Making everything “free” would destroy the United States, rendering it a larger version of Venezuela, Cuba, North Korea, et. al. Taxes would have to be doubled—or tripled-- across the board, on every business and every individual, causing businesses to flea or shut down. No one would have incentive to work even if there were any jobs to be had. Innovation would cease. Chaos would ensue. World markets would crash. More chaos would ensue. In turn, governments would do what they always have in these situations: impose more regulations and imprison those they would deem hostile to the state. Freedom would become a vestige of the past, a sweet memory.
Freedom isn’t free. Nothing is.
“Feel the Bern, baby! Feel the Bern!”