Q1: Cost of COVID-19 Pandemic (one virus) to US Economy in one year?
A: Loss = $12 Trillion (1)
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Q2: Cost savings of ‘Medicare for All’ to US Economy over 10 years?
A: Cost Savings = $2 Trillion (2)
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Q3: Are viral outbreaks inevitable?
A: Yes. (3)
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Q4: Are viral pandemics inevitable?
A: No. (4)
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References:
(1) About $20 Trillion LOST. COVID-19 Pandemic Report by ECAM
(2) MERCATUS WORKING PAPER. The Costs of a National Single-Payer Healthcare System. by Charles Blahous.
(3) Another Pandemic WARNING. COVID-19 Pandemic Report by ECAM
(4) ORION. COVID-19 Pandemic Report by ECAM
Learn More:
- Stephen Fry analysis of Socialized Medicine and Medicare for All (video)
- More thoughtful videos from social justice advocate Stephen Fry