Speaker Pelosi-There's no need to reinvent health care -- just improve Obamacare

[Gothmog]

42. Why Elizabeth Warren won't talk about the cost of 'Medicare for All'

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The elephant in the waiting room remains the staggering cost of this new system. There's a reason why Warren avoids the conversation about how we're going to pay for Medicare for All. In fact, anyone with a pencil and paper and third-grade math skills would quickly figure out that this proposal simply cannot work.

Depending on whom you ask, cost estimates range from $2.5 trillion to $4.7 trillion per year. It's important to keep in mind that the entire federal budget for fiscal year 2020 is $4.7 trillion (including a $1.1 trillion-dollar deficit). Basically, we would have to double the size of the government through higher taxes on every American employee and fundamentally alter the structure of the American economy.....

Medicare for All fans propose to demolish our current health care system that certainly needs streamlining, more competition between insurance companies and plans and new and better technology. Other issues that must be addressed are drug manufacturing and distribution networks and hospital consolidation.

While we desperately need reform, any realistic policy proposal would recognize that 90 percent of Americans currently have health insurance. Instead, reasonable politicians should focus on how to cover those who are uninsured or underinsured in our current system.