First-of-Its Kind Study: Medicare for All (Single-Payer) Reform Would Be Major Stimulus for Economy with 2.6 Million New Jobs, $317 Billion in Business Revenue, $100 Billion in Wages
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.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 today. It may be viewed at www.CalNurses.org.
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.
* Create 2,613,495 million new permanent good-paying jobs (slightly exceeding the number of jobs lost in 2008)
* Boost the economy with $317 billion in increased business and public revenues
* Add $100 billion in employee compensation
* Infuse public budgets with $44 billion in new tax revenues
* Boost the economy with $317 billion in increased business and public revenues
* Add $100 billion in employee compensation
* Infuse public budgets with $44 billion in new tax revenues