And here’s why I’m completely unafraid to announce publically my unabashed love for Ezra Klein:
Gotta love that willingness to write utter gibberish on a nationally-famed blog.
But he ends up at a good point, which is that the best estimates on costs and benefits of a national, universal health care system are quite compelling, indeed. The study cited indicates that a universal system will cost 1.5 trillion dollars over the next 10 years. Not exactly trifling money, even in an era when we throw tens of billions at a bank just because today is a day whose name ends in ‘y’. However, the study also indicates that we could reduce overall health care spending over that same 10 years by $3 trillion, for a net savings of about $1.5 trillion. Definitely more than just a drop in the bucket.
The good news about this is that, even if the government estimates are pretty wildly out of proportion, and we spend 50% more on universal health care than is currently thought, we would still save $750 billion, enough to fight a whole new Iraqi war for a few years.
Throw in the benefit that we will be living in a more morally just society, where the poorest and least able among us don’t have to suffer the indignity of not being able to afford to go to a dentist when they have a toothache, and I’d say this is a trade-off I would make any day of the week, and twice on Sunday…