If the United States were able to reduce its health care spending from 17.8% of national income to a more normal 11.8% of national income, we would be spending $905 billion less on health care every year. Obamacare won’t do that. Neither will the Medicare “reform” proposals currently under consideration. Only one policy proposal would bring the US healthcare system into line with those in other countries: Medicare for all.
Despite right-wing rhetoric to the contrary, the size of America’s governments has been shrinking for more than 35 years.
All workers should pay Social Security taxes, including those with six, seven, and eight figure incomes.