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Live and Learn

(12,769 posts)
Sat Jan 23, 2016, 01:59 AM Jan 2016

5 ways your money could be affected by a Bernie Sanders presidency

5 ways your money could be affected by a Bernie Sanders presidency

1. Single-Payer Healthcare

There's a lot of debate over how a single-payer healthcare system would affect the average American's budget, because overhauling the system would be complicated and therefore costly. Without getting into the details (partially because Sanders hasn't shared all of those yet), here's what he's proposing: Sanders is calling it his "Medicare for All" plan, and it aims to simplify the process of getting and paying for healthcare while detaching insurance from employment.

"As a patient, all you need to do is go to the doctor and show your insurance card," reads Sanders' website. "Bernie's plan means no more co-pays, no more deductibles and no more fighting with insurance companies when they fail to pay for charges."

Sanders plans to pay for the program, which his campaign estimates to cost $1.83 trillion annually, through a tax increase on those making more than $250,000 a year, premiums paid by employers and some households (dependent on income), other tax adjustments and program savings. (You can see the current tax brackets here.)

2. A $15 Minimum Wage

Currently, the national minimum wage is $7.25 per hour. Sanders wants to raise it to $15 per hour over the next several years. For people working minimum wage jobs, that could make a significant difference in their earnings and overall financial health. At the moment, only Emeryville, Calif., comes close with its $14.44 minimum wage, though San Francisco and Seattle have plans in place to implement $15 minimum wages in the next several years.


More: http://finance.yahoo.com/news/5-ways-money-could-affected-120010876.html


Seems they really are starting to take Bernie seriously and believing his plans will come to fruition. Feel the Bern!!
48 replies = new reply since forum marked as read
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5 ways your money could be affected by a Bernie Sanders presidency (Original Post) Live and Learn Jan 2016 OP
K&R nt 99th_Monkey Jan 2016 #1
wow, and they didn't even try to spin it retrowire Jan 2016 #2
Yep, I was hesitant to read it but it was a nice surprise. nt Live and Learn Jan 2016 #7
Kicked and recommended. Uncle Joe Jan 2016 #3
Thank you, Uncle Joe. Always love your threads. nt Live and Learn Jan 2016 #8
We currently pay $3.8Trillion for healthcare TexasBushwhacker Jan 2016 #4
Yep and Hillary thinks that is good enough. nt Live and Learn Jan 2016 #12
So let's keep doing it!!! tazkcmo Jan 2016 #25
Nonsense. We would need to control both houses of Congress, the Senate pnwmom Jan 2016 #5
So we should just give up. Lordquinton Jan 2016 #6
No. But we shouldn't delude ourselves with pie in the sky visions. pnwmom Jan 2016 #9
I remember when you thought Bernie didn't stand a chance. Live and Learn Jan 2016 #11
I agree with Kasish that they would crush him in the general. pnwmom Jan 2016 #17
It won't. He's already doing well in both Nevada and South Carolina. Live and Learn Jan 2016 #18
He's doing well in South Carolina? By what measure? pnwmom Jan 2016 #20
I have some pretty good measures but we'll save them for later. Live and Learn Jan 2016 #21
He would need actual voters and there's no indication he has them. pnwmom Jan 2016 #22
Don't worry, he will have them. nt Live and Learn Jan 2016 #23
I'm not worried. He won't win S.C. n/t pnwmom Jan 2016 #26
We'll see. Do yourself a favor though and don't place any bets on it. nt Live and Learn Jan 2016 #29
I never saw so many praying for failure like some are doing now. No one roguevalley Jan 2016 #31
So true. I really hate the Can't Do campaign. nt Live and Learn Jan 2016 #34
There is nothing Pie in the sky about Bernie's plans Lordquinton Jan 2016 #16
Hillary has plenty of experience in the Senate where, unlike Bernie, pnwmom Jan 2016 #24
yes it did. she lost. I do believe she wasn't president for the last eight years roguevalley Jan 2016 #32
How many elections did Bernie lose before he finally got elected to something? pnwmom Jan 2016 #36
1? And he had no coattails to ride on, unlike Hillary. Live and Learn Jan 2016 #39
I believe Bill would not have achieved what he did without her pnwmom Jan 2016 #40
So you don't? Live and Learn Jan 2016 #41
You either never learned history or you've forgotten what the situation pnwmom Jan 2016 #42
Bill did steer the country out of an economic mess but at the expense of the poor and Live and Learn Jan 2016 #43
You go ahead. tazkcmo Jan 2016 #27
So instead you and Hillary just give up. Can't do or just won't even try? nt Live and Learn Jan 2016 #10
Did Obama give up? No -- but he brought about positive, progressive change, pnwmom Jan 2016 #13
Obama had a majority in Congress and still could only come up with an insurance companies dream Live and Learn Jan 2016 #14
Obama accomplished a lot more than Sanders will with his refusal to compromise pnwmom Jan 2016 #37
We'll see in 2024. Betting you are wrong. nt Live and Learn Jan 2016 #38
He gave up as soon as he was elected. tazkcmo Jan 2016 #28
He wasn't counting on Ted Kennedy dying. When he died and was replaced pnwmom Jan 2016 #44
What eliminated the possibility of a public option Kall Jan 2016 #45
They were planning on modifying it in conference, but they couldn't do that pnwmom Jan 2016 #46
Yeah, sure they were Kall Jan 2016 #47
That's the opposite of what I said. Joe Lieberman's state of CT is the pnwmom Jan 2016 #48
Then vote for John Kasich Kall Jan 2016 #15
+1000 nt Live and Learn Jan 2016 #19
If you think Bernie can't get shit done because of whatever reason what makes roguevalley Jan 2016 #33
Responding to the wrong post, I think. But your post is spot on. nt Live and Learn Jan 2016 #35
K&R emsimon33 Jan 2016 #30

tazkcmo

(7,373 posts)
25. So let's keep doing it!!!
Sat Jan 23, 2016, 04:47 AM
Jan 2016

Vote for Hillary and we'll improve the ACA and private health insurance companies profits!

pnwmom

(109,174 posts)
5. Nonsense. We would need to control both houses of Congress, the Senate
Sat Jan 23, 2016, 03:31 AM
Jan 2016

with 60 votes, and we're not even close.

Lordquinton

(7,886 posts)
6. So we should just give up.
Sat Jan 23, 2016, 03:38 AM
Jan 2016

No Democratic president can do a thing so just roll over.

I hope there are very few people who think like you do, I'm not willing to fold before he hands are even dealt.

pnwmom

(109,174 posts)
9. No. But we shouldn't delude ourselves with pie in the sky visions.
Sat Jan 23, 2016, 03:39 AM
Jan 2016

We should focus on concrete, achievable, progressive change.

Live and Learn

(12,769 posts)
11. I remember when you thought Bernie didn't stand a chance.
Sat Jan 23, 2016, 03:41 AM
Jan 2016

See what happens when you dream big and work to attain the dream.

pnwmom

(109,174 posts)
17. I agree with Kasish that they would crush him in the general.
Sat Jan 23, 2016, 04:19 AM
Jan 2016

But I'm not surprised he's doing well in two states that are among the whitest in the nation.

And I've watched two progressive candidates lose 49 states to 1 -- McGovern and Mondale. I don't want to see that happen a third time.

Live and Learn

(12,769 posts)
18. It won't. He's already doing well in both Nevada and South Carolina.
Sat Jan 23, 2016, 04:33 AM
Jan 2016

Once Bernie wins the primaries, the rest will be easy. Don't worry, we have this covered.

If, God forbid, the Can't Do strategy prevails and Hillary wins the primaries , I offer no guarantees and you better get your boots on the ground.

Live and Learn

(12,769 posts)
21. I have some pretty good measures but we'll save them for later.
Sat Jan 23, 2016, 04:42 AM
Jan 2016

I did give you a hint upstream though.

pnwmom

(109,174 posts)
22. He would need actual voters and there's no indication he has them.
Sat Jan 23, 2016, 04:44 AM
Jan 2016

His numbers in S.C. are pathetic.

roguevalley

(40,656 posts)
31. I never saw so many praying for failure like some are doing now. No one
Sat Jan 23, 2016, 04:57 AM
Jan 2016

thought he had a ghost of a chance to do anything but pressure the agenda to a more humane direction. Now he's going to thrash NH and Iowa, he's catching her all over including Nevada which no one is mentioning because of it and there is no guarantee that SC is safe for her anymore. Just saying it over and over while denigrating the idea of progress and hopes for a better path for ALL and not just the rich is not going to change things when they overtake her incomprehensibly inept campaign. "Shake sense into Iowans'. REALLY!? We will find out soon and its going to be a harbinger of things to come. Even the bigwigs know it because some of them are already trying to prime Biden to REPLACE her.

Bill Clinton said the other day that he and his wife could afford college but for the rest of us, there were things government couldn't do. What a STUPID thing to say, what an illuminating view into their psyche. He can go, no one else can though. If we do go we have to work and shit, something his kids and grandkids will NEVER have to do. Money for endless war, money for tax cuts to people in his bracket, money for the 1% but for the rest of us whose LABOR CREATED THE WEALTH-ZIP! There is NOT A FUCKING DIME in their calculations to fund the PEACE AT HOME. Fuck us for even asking. How can we ask for a pony paid for by our OWN MONEY when its all going to the parasite class to pay for theirs. Fuck them all. Bernie forever.

Lordquinton

(7,886 posts)
16. There is nothing Pie in the sky about Bernie's plans
Sat Jan 23, 2016, 04:15 AM
Jan 2016

unless you're on the right side of the isle.

Plus if you knew anything about politics you'd know that when trying to negotiate you don't start half compromised, that ends up with nothing going your way. Like the fight for $15, Hillary is fine STARTING at $12, which means she might get $10 out of the deal. Not that Hillary will get anything at all done, she has little experience working with the Senate, and will be completely bogged down in hearings from day one, if she isn't indited before she can take the oath (Assuming she doesn't loose to Trump, like polls are showing is very possible).

You back someone who can win, not someone whose been rejected once already, and already is polarizing the nation with her reputation and campaign tactics.

pnwmom

(109,174 posts)
24. Hillary has plenty of experience in the Senate where, unlike Bernie,
Sat Jan 23, 2016, 04:47 AM
Jan 2016

she got a number of bills passed. Not just amendments to someone else's bills.

And Hillary lost the vote to Obama by less than one percent. A vote that close doesn't tag her as a loser. If Bernie felt that way, he wouldn't have kept running and running till he finally won an election in VT.

roguevalley

(40,656 posts)
32. yes it did. she lost. I do believe she wasn't president for the last eight years
Sat Jan 23, 2016, 05:00 AM
Jan 2016

that means she lost.

pnwmom

(109,174 posts)
36. How many elections did Bernie lose before he finally got elected to something?
Sat Jan 23, 2016, 05:07 AM
Jan 2016

A lot more than Hillary. But he just tried again, which is what Hillary is doing now.

Live and Learn

(12,769 posts)
39. 1? And he had no coattails to ride on, unlike Hillary.
Sat Jan 23, 2016, 05:43 AM
Jan 2016

Here is a question for you. Do you seriously believe Hillary would have been elected to anything without Bill's coattails?

I don't and I really would like to see a woman president.

pnwmom

(109,174 posts)
40. I believe Bill would not have achieved what he did without her
Sat Jan 23, 2016, 05:47 AM
Jan 2016

dedicated and capable support. It works both ways.

As a top graduate from Wellesley and Yale law school, she had a background every bit as strong as his.

Live and Learn

(12,769 posts)
41. So you don't?
Sat Jan 23, 2016, 05:51 AM
Jan 2016

And as one that doesn't think Bill actually did any good for us what so ever, I think the working both ways thing is something I can do without.

Obama is 100% better than Bill and most democrats realize that now. Bernie will be even better.

pnwmom

(109,174 posts)
42. You either never learned history or you've forgotten what the situation
Sat Jan 23, 2016, 05:58 AM
Jan 2016

was when Bill was elected. During Reagan's 8 years, he doubled the national debt that we'd accumulated over all previous Presidencies. Bill had to steer the country out of that hole, and he did-- to the point that his budgets had begun to run surpluses. And he did it while presiding over years of strong job creation.

Obama and Bill Clinton were equally strong Presidents, in different ways. Bernie is just a dreamer.

But Hillary has shown how capable she will be. Bernie doesn't have anything to match her performance as Secretary of state and as the Senator from the large, diverse state of NY.

Live and Learn

(12,769 posts)
43. Bill did steer the country out of an economic mess but at the expense of the poor and
Sat Jan 23, 2016, 06:27 AM
Jan 2016

future generations. I'm sorry but NAFTA, deregulation and Welfare Reform were Republican dream come true and the majority of people in this country are still feeling the ramifications.

Granted Bush was far worse. And Obama has been far better. But we can do better yet. Go Bernie!

pnwmom

(109,174 posts)
13. Did Obama give up? No -- but he brought about positive, progressive change,
Sat Jan 23, 2016, 03:43 AM
Jan 2016

And that's what Hillary or Martin would do.

Bernie couldn't accomplish anymore than they could, working with the Rethugs, but there is the risk that he could accomplish nothing except complete gridlock.

Live and Learn

(12,769 posts)
14. Obama had a majority in Congress and still could only come up with an insurance companies dream
Sat Jan 23, 2016, 03:50 AM
Jan 2016

plan. I am glad he got the ACA through but it hasn't helped everyone and it hasn't helped cut costs.

As Bernie says, "Enough is Enough."

Hillary is promising absolutely nothing but trying to maintain what Obama already accomplished. Remember her attempt was a complete failure so i can see why she is scared to try again.

Bernie never said he could accomplish it alone. Maybe that is why Hillary failed. Bernie realizes he needs the people and we will not fail him.

pnwmom

(109,174 posts)
37. Obama accomplished a lot more than Sanders will with his refusal to compromise
Sat Jan 23, 2016, 05:08 AM
Jan 2016

on anything and his endless pipe dreams.

tazkcmo

(7,373 posts)
28. He gave up as soon as he was elected.
Sat Jan 23, 2016, 04:49 AM
Jan 2016

Over 1,000 time he used the term "public option" wile campaigning. Once elected, he said it once as in, "No public option".

pnwmom

(109,174 posts)
44. He wasn't counting on Ted Kennedy dying. When he died and was replaced
Sat Jan 23, 2016, 07:38 AM
Jan 2016

by a Rethug, that eliminated the possibility of the public option.

Kall

(615 posts)
45. What eliminated the possibility of a public option
Sat Jan 23, 2016, 04:17 PM
Jan 2016

was inviting the insurance industry to help design the bill. The public option's official "death" was just a display of kabuki theatre. The Senate bill that was the ACA was written before Scott Brown was elected, and it didn't have a public option. They just *passed* it after Scott Brown was elected.

pnwmom

(109,174 posts)
46. They were planning on modifying it in conference, but they couldn't do that
Sat Jan 23, 2016, 04:20 PM
Jan 2016

after Ted Kennedy died. They couldn't then get the Senate to go with the House version, so they were stuck with having the House vote on the Senate's version. That was their only way to get anything passed.

ON EDIT: Also, the reason the Senate bill was written that way was because it was the only way to get the 60th vote -- Joe Lieberman's, who was an Independent then, not a Democrat.

Kall

(615 posts)
47. Yeah, sure they were
Sat Jan 23, 2016, 04:46 PM
Jan 2016

Seriously, if you want to believe that the insurance industry that helped write it went along with a public insurance alternative designed to, over time, put them out of business... well, vote for Hillary Clinton to "improve the ACA" with the help of Republicans.

pnwmom

(109,174 posts)
48. That's the opposite of what I said. Joe Lieberman's state of CT is the
Sat Jan 23, 2016, 05:06 PM
Jan 2016

center of the insurance industry, which is how they got so much influence on this -- because his vote was the 60th vote needed to overcome the Rethug filibuster and because J.L., "independent," was the captive of the insurance industry.

If the Democrat who ran against him had won, that wouldn't have happened.

Kall

(615 posts)
15. Then vote for John Kasich
Sat Jan 23, 2016, 04:14 AM
Jan 2016

if your idea of an ideal President is one whose vision is limited to what Mitch McConnell will agree with. My idea of an ideal President is one who will sell an actual Democratic vision to the public, make the Republicans negotiate from an unpopular position, and make sure the public knows who blocked the best solutions for future Congressional elections. The only people saying anyone thinks this will be easy are HRC supporters, but some people want to start the work.

The ACA that Hillary keeps touting as a wonderful accomplishment was an act of corruption, incompetence and political malpractice. It wasn't "hard" where the Democrats publicly sold a vision, and disregarded special interests. It was a process set up to be impossible to fail, so that they couldn't possibly fail to pass a bill which would result in Congress going Republican in 2010 like in 1994 (oops). The Democrats took the best, popular solutions off the table before beginning negotiations, invited the insurance and pharmaceutical industries to the table to help write it, and spent a year chasing Republican votes which they were never going to give, and kept trying even after Chuck Grassley said they "wanted to pull the plug on Grandma". As a result, the ACA is a health care plan that was actually drawn up by Republican outfits like the Heritage Foundation and Republicans like Mitt Romney, and therefore it doesn't work well so unlike, say, Medicare (a single-payer system) it's always been underwater in public opinion, so the Republicans can try to repeal it 60 times without any public backlash.

The Republican Party hates Hillary Clinton with the fury of a thousand suns, so why do you think they'll work with her towards her priorities? "Getting things done" with them won't consist of any policies a liberal would want, unless you had a hankering for things like the TPP, once the primary is over and she changes position on that again.

roguevalley

(40,656 posts)
33. If you think Bernie can't get shit done because of whatever reason what makes
Sat Jan 23, 2016, 05:02 AM
Jan 2016

anyone thing that HRC can? They HATE her with an irrational intensity matched only by how much they hate Obama. How does that make her better than Bernie? Some idiot said already that if she becomes president they will impeach her. She will be planetary diameters LESS LIKELY to make things happen because for whatever irrational thinking you have for Bernie about his abilities and capabilities, that is how much more they hate and will obstruct her.

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