FREE LUNCH!
Currently, over 75% of applications for military service are rejected for reasons of health and/or education. The cure? Finance patients and students exactly as we finance soldiers: within the defense budget (where costs may disappear!) with enough accountants, auditors, and sheriffs to fight waste, fraud, and abuse. (Yes! American families should still be able to buy their own health care and education in a totally free market, independently of any government program!)
For our defense, we need totally free healthcare for all and expense-paid education at all levels. Cost? Other nations have government-supported healthcare and education with lower costs than those now saddled upon our young and old. Congress can afford all our needs, worrying only about inflation, controlled by increasing the Fed’s interest rate and income taxes, which should not be our major concern. It’s after-tax savings that matter most and “deficit spending” is actually the annual net increase in private savings, domestic and foreign. Enjoy the increase!
Yes! After-tax savings do indeed bring prosperity! World War II spending gave us our suburbs and 30 years of prosperity. Spending on the Marshall Plan, Korean War, Cold War, NASA, nuclear energy, Vietnam, etc., also contributed to post-war prosperity. Ask your grandmother!
Federal debt? As explained* by Ben S. Bernanke, Princeton economist and former Fed Chair, with Congress’ OK, the Fed can buy the federal debt directly from the Treasury! No problem!
With Social Security numbers identifying individuals, computers would manage everything with minimum personnel. Congress would negotiate prices and fees for all goods and services, pay everyone their just worth, and never ever send a bill for service to a patient or to a student!
Yes, there will be growing pains! Education will soon have all the necessary resources but health care will have scarcities, especially dentists, whom many of our poor have never seen. And there will not be enough rural hospitals and doctors. Until the system is fully grown, such scarcity will require a process of triage to set priorities. That is why “Free Lunch” healthcare would have to be implemented gradually, always awaiting help from “Free Lunch” graduates!
Let’s start now by extending our Medicare to children up to age 19 and to students up to age 30. With their good health, we need only augment the current system. Annually, increase the entry age by two years (age 19 to age 21) and decrease the entry age by two years (age 67 to age 65). When possible, annually increase/decrease by three or more years, until EVERYONE has current Medicare. Then, dump the health insurance industry and declare all healthcare and education, with neighborhood nurseries, day-care, and pre-K, to be totally free, cradle to grave!
Within ten years or so, if we can educate and build like China, there may be enough medical resources for slack to appear. By then, there should also be no more sk**led labor shortages. And much of our huge prison population could and should be trained to care for sick and old.
Totally free healthcare for all and totally free education at all levels, with just enough taxation to prevent harmful inflation, will increase deficit spending (after-tax savings!) and prosperity! Dump all the deficit hawks! Elect Social Democrats! Make America REALLY Great and Totally Free!
*
https://www.brookings.edu/blog/ben-bernanke/2016/04/11/what-tools-does-the-fed-have-left-part-3-helicopter- money/
© 2018 Marvin Sussman. All rights reserved. Search: YouTube.com for Marvin Sussman!
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