Medicare-For-All Will Create 2.6 Million New Jobs, Say CA Nurses

[BlackAsCoal]

Medicare-For-All Will Create 2.6 Million New Jobs, Say CA Nurses
by BAR Managing Editor Bruce Dixon

According to a study released January 14 by the California Nurses Association, adoptiing a single payer system of universal health care in the US would create 2.6 million new jobs, as many as the Bush economy destroyed in 2006, and boost the revenues of private employers by an annual $317 billion. A single payer health care system would put more than $100 billion in the pockets of employees and add $44 billion to state, local and federal budgets in badly needed tax revenues.

The CNA study details the economic benefits of healthcare to the overall economy, showing how changes in direct healthcare delivery affect all other significant sectors touched by healthcare, and how sweeping healthcare reform can help drive the nation's economic recovery.

"These dramatic new findings document for the first time that a single-payer system could not only solve our healthcare crisis, but also substantially contribute to putting America back to work and assisting the economic recovery," said Geri Jenkins, RN, co-president of the National Nurses Organizing Committee/California Nurses Association, which sponsored the study.

The numbers of new jobs created by single payer health care alone dwarf anything yet proposed by the Obama administration or the “Buy America” add-ons to its stimulus bills, in addition to fulfilling the public expectation that Democrats enact a plan of universal and affordable health care for every American this year.

"Through direct and supplemental expenditures, healthcare is already a uniquely dominant force in the U.S. economy," said Don DeMoro, lead author of the study and director of the Institute for Health and Socio-Economic Policy, the NNOC/CNA research arm.

"However, so much more is possible. If we were to expand our present Medicare system to cover all Americans, the economic stimulus alone would create an immense engine that would help drive our national economy for decades to come," DeMoro



-- more at link -- including the study
http://www.blackagendareport.com/ind...014&Ite mid=1

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