Tuesday, October 23, 2018

Sandwichman — "Opportunity Cost of Socialism"

Why is the Council of Economic Advisers producing party political propaganda for the GOP?…
Are Trump's "economic advisers" really so ignorant of basic economic concepts beyond the most elementary textbook simplification?...
But, but... economics is a science! (snark)

Econospeak
"Opportunity Cost of Socialism"
Sandwichman

1 comment:

Konrad said...

This article refers to a 72-page report that attacks Single Payer Healthcare on behalf of the insurance giants. The report was produced by the White House Council of Economic Advisors

https://www.whitehouse.gov/wp-content/uploads/2018/10/The-Opportunity-Costs-of-Socialism.pdf

On page 51 the report says that American seniors have shorter wait times to see a specialist than do seniors in all other industrialized countries, because US seniors do not get single payer healthcare (aka Medicare).

Oh wait…