Tag Archives: Steve Rattner

The utility of experts.

I haven’t been following the Democratic primary contest very much on this blog, as it receives so much coverage elsewhere it seems massively redundant for me to comment on it as well. When it becomes a substantive policy discussion, however, it certainly warrants comment. When Elizabeth Warren released the explanatory document on her version of Medicare for All (M4A), it was greeted with derision by supporters of the more “moderate” candidates. Morning Joe, of course, rolled out their resident fiscal policy expert Steve Rattner, who deployed a series of charts and graphs that demonstrated beyond a shadow of a doubt the very thing that the recent George Mason University study made clear: health care in America is expensive.

Be afraid. Be VERY afraid.

Rattner used a pie chart to show what portions of total health care cost would be picked up by M4A, then a line graph to illustrate how much higher federal spending would be if such a plan were implemented. He was attempting to make the point that the federal government would have to spend a third again as much as it currently does, and that …. shudder …. that’s a lot! What of course neither he nor his Morning Joe colleagues mentioned was that this money is being spent by us anyway … and that the current result is more than 80 million people uninsured or under-insured, half a million medical bankruptcies a year, and assorted other disasters. In other words, the current system is a massively costly failure.

M4A, on the other hand, would cover everyone. It would eliminate much of the cost to families and individuals, and decouple health care from employment. There would be no more medical bankruptcies, and (icing on the cake) it would cost less than what we’re currently collectively spending. With the right funding plan, it would cost individuals below a certain income level less than what they’re paying now. We can disagree over how that will play out, but M4A is the only way to ensure that health care is a right, not a privilege. When I hear the middling candidates so beloved of Morning Joe complain about single payer, it reminds me that none of them ever had to deal with inadequate health coverage. I have, and it’s a massive pain in the ass. Even the so-called good plans that people supposedly love so much are massively complicated and involve all kinds of hidden expenses.

This fight for M4A won’t be easy. We need to be ready for it.

luv u,

jp