Glad I'm here to share my views and read others.
Here's one view:
Currently, over 75% of applications for military service are rejected for reasons of health and/or education. The cure? Free Lunch! Finance patients and students like we finance soldiers: within the defense budget (where costs vanish!), with enough accountants, auditors, and sheriffs to cut out 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 up to PhD! Cost? Other nations have government-financed healthcare and education with costs lower than those now saddled upon our young and old. With inflation controlled by the Fed and by federal income tax, we can indeed afford all our needs! Any federal tax increase will be trumped by the increased deficit spending (which is our annual after-tax savings, equal to our imports plus the annual net increase in our domestic bank savings!) Deficit spending = foreign goods + cash!
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, the Fed, with Congress’ OK, can buy the federal debt directly from the Treasury! No problem!
With Social Security numbers identifying individuals, computers can manage everything with minimum personnel. Congress can 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 may already have the necessary resources but healthcare will suffer scarcities, especially dentists and rural hospitals/personnel. Until the system matures, shortages will require a program of triage to set priorities and minimize the waiting. So, “Free Lunch” healthcare will have to be implemented gradually while waiting for the graduates of “Free Lunch” education to fill the gaps in medical service! Better late than never!
So, let’s start now by extending Medicare to children up to age 19 and to all students. With their good health, we need only beef up the current system. Then, let’s 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, cancel all private health insurance and declare all healthcare and all 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 skilled 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!
© 2018 Marvin Sussman. All rights reserved. Search: YouTube.com for Marvin Sussman!