'This is a fifth of the American economy'
Cameron Cawthorne - JANUARY
10, 2020 11:50 AM
CNN
correspondent Christine Romans on Friday delivered a warning to politicians who
are trying to remake health care, noting the system makes up one-fifth of the
U.S economy.
"Where
is the hiring? Retail, health care. Almost 400,000 health care jobs,"
Romans said. "I would caution all politicians who are talking about
remaking, fixing, or meddling in the health care system to note this is a fifth
of the American economy and a steady job creator every month."
Romans
did not single out any politicians by name, but she appears to be referencing
Democratic presidential candidates like Sens. Bernie Sanders (I., Vt.) and
Elizabeth Warren (Mass.), who have been on the campaign trail advocating for
Medicare for All, which would eliminate private insurance and cost
approximately two million jobs.W
arren
was pressed in
October about her health care plan potentially leading to American workers
losing jobs, prompting her to say, "So, I agree. I think this is part of
the cost issue and should be part of a cost plan." Her Medicare for All
plan is estimated to cost $20.5 trillion.
Sanders's
Medicare for All plan is estimated to cost up
to $40 trillion over 10 years and Sanders has admitted his plan would raise taxes on
the middle class.
A
2018 analysis conducted
by University of Massachusetts Amherst economist Robert Pollin found that more
than one million jobs would be eliminated under Medicare for All,
including medical assistants, billing clerks, and other administrative
roles.
"The
median wage for these workers is around $34,500. Nearly 92 percent of these
jobs are held by women, and over a third are held by people of color. And over
80 percent of these workers have less than a four year degree," The Week reported.
https://freebeacon.com/politics/cnn-correspondent-warns-politicians-against-remaking-health-care/
No comments:
Post a Comment