Thursday, February 16, 2017

On the Fact that Even According to the Left of Center Urban Institute (https://www.washingtonpost.com/news/wonk/wp/2016/05/09/the-17-trillion-problem-with-bernie-sanderss-health-care-plan-2/?utm_term=.ccc3eb4d0694), Bernie Sanders's Healthcare Plan Would End Up Costing $33,000,000,000,000 Over the Next Decade and Add $18,000,000,000,000 to the National Debt

And there's no guarantee whatsoever that the federal government would be able to consistently collect those $1.5 trillion dollars in taxes every year in that as anybody with a brain and even a modicum of economic knowledge could inform you, a) rational human beings tend to change their behavior over time in response to high taxation and b) when you tax something in general you tend to get less of it (it in this instance of course being income).......and, so, yeah, the Sanders plan would probably add even more to the debt.

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