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What universal healthcare could do for our economy:

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tblue37 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 10:40 PM
Original message
What universal healthcare could do for our economy:
Right now many people stay in crappy jobs that don’t pay enough because they fear losing their health insurance. If people felt free to quit such jobs and start their own businesses, they could end up not only doing better financially (and thus being able to afford to spend more money), but also even create jobs for other people, which would also help to fuel economic activity.

Also, businesses would have a better chance of succeeding if they didn't have to worry about providing health care to employees.
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dysfunctional press Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 10:41 PM
Response to Original message
1. "people stay in crappy jobs that don’t pay enough because they fear losing their health insurance"
which is exactly why the corporacrats want to keep the status quo.
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abumbyanyothername Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 10:43 PM
Response to Reply #1
2. +1
That's the whole key. Keep people enslaved to the corporate machine.
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dhpgetsit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 10:58 PM
Response to Reply #2
6. Bingo.
That is why this will be one of the major stuggles of our times. This is We the People vs The Corporate Machine.

(If We the People fail, say goodbye to Democracy and hello to Fascism.)
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csziggy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 10:45 PM
Response to Original message
3. People also hesitate to start small businesses because they need health insurance
And cannot afford it for them, their families and any employees.

We used to have some small businesses. One reason for closing them was that as we got older we needed health insurance and could not get individual policies. So now my business is effectively closed and my husband is working at a low paying job that has good benefits.

My BIL had a profitable cabinet building business but closed it since he could not get affordable insurance for his family. So he closed his business and went to work for a large corporation for the benefits. Then he got treated badly at the end of his life, having to work up until two weeks before his death to hang onto the benefits that were paying for his cancer treatments.
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tblue37 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 10:53 PM
Response to Reply #3
4. Yep. Freeing people from the health insurance chains could become an
Edited on Thu Aug-06-09 11:00 PM by tblue37
incredible engine for fueling our economy. I wish some of ou political "leaders" would make this very capitalism-friendly argument!
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slipslidingaway Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 10:57 PM
Response to Original message
5. knr nt
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tblue37 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 11:00 PM
Response to Reply #5
7. Thanks! nt
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Tony_FLADEM Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 11:03 PM
Response to Original message
8. One other thing
Many people go on Medicaid because they have medical issues and can't get private health insurance. People on Medicaid can only make a certain amount to remain eligible. If they could buy into a public option, they could earn more money and this would help the economy.
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tblue37 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 11:05 PM
Response to Reply #8
10. Yep. Universal healthcare could be one of those
stimuli with a fantastic multiplier effect.
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tblue37 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 11:04 PM
Response to Original message
9. Thanks for the recs, guys! nt
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OnlinePoker Donating Member (837 posts) Send PM | Profile | Ignore Thu Aug-06-09 11:14 PM
Response to Original message
11. Not necessarily true
A lot of people in Canada stay in crappy jobs even with the government sponsored health system. Entrepreneurialism isn't something everybody has in them. My brother has stayed as an underpaid sheet metal journeyman for 21 years because he doesn't want to get tied down to the area he lives in but doesn't want to leave it either. I even offered to bankroll a portion of his business if he went out on his own and he refused. He is almost 55 and doesn't have a pot to piss in. But at least he can get health coverage as long as he pays his $72 per month to the BC government.
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csziggy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 11:36 PM
Response to Reply #11
12. Certainly a lot of people are not cut out to have businesses
But there are plenty who would like to try but cannot because they need to make sure their families can get care if it is needed.
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eridani Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-07-09 03:50 AM
Response to Original message
13. California Nurses' Study
Single Payer Health Care—a Stimulus for Economy with 2.6 Million New Jobs, $317 Billion in Business Revenue, $100 Billion in Wages
New study sponsored by the California Nurses Association


Full study: http://www.calnurses.org/research/pdfs/ihsp_sp_economic_study_2009.pdf

Establishing a national single-payer style healthcare reform system would provide a major stimulus for the U.S. economy by creating 2.6 million new jobs, and infusing $317 billion in new business and public revenues, with another $100 billion in wages into the U.S. economy, according to the findings of a groundbreaking study released on January 14, 2009.

The number of jobs created by a single-payer system, expanding and upgrading Medicare to cover everyone, parallels almost exactly the total job loss in 2008.

These dramatic new findings document for the first time that a single-payer system could not only solve our healthcare crisis, but also substantially contribute to putting America back to work and assisting the economic recovery," said Geri Jenkins, RN, co-president of the National Nurses Organizing Committee/California Nurses Association, which sponsored the study.
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DCKit Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-07-09 09:52 AM
Response to Reply #13
14. But the downsides will kill our economy and way of life.
Edited on Fri Aug-07-09 09:54 AM by DCKit
I'll get back to you as soon and Rush, Glenn, Hannity and O'Reilly tell me what those downsides are.

Seriously, at best, universal health care will have a neutral cost (by comparison with our current, flawed system) and, without the mega-corps taking 40% of every dollar (and raising the administrative costs for doctors and hospitals), would be far less expensive than what we're paying now.
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tblue37 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-07-09 11:09 AM
Response to Reply #13
15. Thanks for the back up study! nt
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