Member-only story
What if Ocasio-Cortez is right about how to pay for Medicare-4-All?
By Kent R. Kroeger (January 24, 2019)
When asked by journalist Jorge Ramos about how the U.S. will pay for a Medicare-4-All (M4A) health care system, New York Rep. Alexandria Ocasio-Cortez responded plainly: “ You just pay for it.”
The Fox News-led mockingbirds came out in full force.
Ocasio-Cortez has called for “printing money to pay for her socialist reforms,” said Justin Haskins, the executive editor and research fellow at The Heartland Institute, a pro-free enterprise think tank. “Ocasio-Cortez has suggested the United States create a system of new publicly-owned banks that the government could use to run up the national debt.”
Wait one second. Isn’t running up the national debt how we pay for everything in the first place?
It seems dishonest to suggest the U.S. can’t pay for new social programs on the grounds it will run up the national debt. We are already living in Debtville, USA with our big, shiny bells on.
The national debt is over $21 trillion dollars. The FY2018 budget deficit was $779 billion.
Isn’t it funny how we always have money to bailout banks, offer generous tax cuts to the Top 1%, and fund trillion dollar military adventures in the Middle East (that never…
