Oddbean new post about | logout
 One specific example then I’m done ranting this morning.

Progressives in general want affordable, accessible healthcare for all. I think that’s a good goal and thing to have in the U.S. that we are awful at currently.

However, Medicare for all won’t work under the current system.

The current system is healthcare providers, hospitals, and pharmaceutical companies saying “jump” and the US government saying “how high.” Progressives want Medicare for all under the assumption that we have a blank checkbook and unlimited debt potential to pay healthcare costs, even if these costs are completely controlled and dictated by greedy corporations at elevated rates. 

If we end the era of easy money, infinite debt, and embrace hard money and more savings for lower and middle class, we can maybe start to figure out how to address healthcare in our country. Until then, it is broken beyond repair and no bandaid solution will work. 

Btw, I also think it would be ok for tax payer dollars to fund healthcare if and when the broken system I described was replaced. There are many things tax payer dollars DO NOT need to be spent on, or as much, and no the answer is not get rid of taxes and “voluntarily” take care of each other. I don’t take those arguments seriously for tackling problems like healthcare, housing, climate change, etc in 2023.