| hershel_layton said: His plans for America make me skeptical- $15 minimum wage, free college, universal health care, etc etc. I understand European countries doing so, but America? An extremely important country with 300 million civilians in it? Can Bernie's vision of a country benefit us? Our debt is already bad as it is. Wouldn't his goals make our debt skyrocket once again? |
Well, his plans will require tax increases for everyone (and most likely a bit higher than his own estimates), a reduction of the military and taxes on speculation on Wall Street.
But in return, everyone (except for the richest in the country) will benefit economically by getting rdi of many of the private costs they have, and all costs they have for private health insurance. The reason it is a surplus for most citizens, is because health insurance companies need to cover costs for all their administration, staff and generating a profit for share holders. Centralizing administration of everyone´s health coverage will reduce costs immensely and since you have no need to create profit, you can lower costs.
