The Single-Payer Sacrifice: 11.6 Million Jobs | RealClearPolicy

Democratic candidate Bernie Sanders recently released his health-care plan: a government-run single-payer system for the U.S., similar to what many European countries have. Criticism of the plan has so far focused on its lack of political feasibility, but there is an even more important reason to be wary: Accounting for costs and tax increases, it would reduce labor supply by 11.6 million. In a struggling economy, with tepid wage growth, hurting employment should be the last thing on any politician’s agenda.

Source: The Single-Payer Sacrifice: 11.6 Million Jobs | RealClearPolicy

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