Banner Archive

Marvel Comics Timeline
Godzilla Timeline



« When the second sentence contradicts the first | Main | Stock buybacks »

Koch study says Medicare For All will save $2 trillion


At first glance, it is strange that the Mercatus center, which is libertarian in its orientation and heavily funded by the libertarian Koch family, would publish a report this positive about Medicare for All. The claim that "even the Koch organizations say it will save money while covering everyone" provides a useful bit of rhetoric for proponents of the policy.

But the real game here for Mercatus is to bury the money-saving finding in the report's tables while headlining the incomprehensibly large $32.6 trillion number in order to trick dim reporters into splashing that number everywhere and freaking out. This is a strategy that already appears to be working, as the Associated Press headline reads: "Study: 'Medicare for all' projected to cost $32.6 trillion."

Update: The post initially said M4A would save #$300 billion but it's been updated to $2 trillion.

There was also a (huge!) mistake in the initial report:

The study, which came out of the Koch-funded research center, was initially provided to the AP with a cost estimate that exceeded previous ones by an incredible $3 trillion -- a massive error that was found and corrected by Sanders's staff when approached by AP for comment.

By fnord12 | July 30, 2018, 11:46 AM | Liberal Outrage