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2016 Postmortem

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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 [View all]

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!!
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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
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