You mean because of the sizable labor black market would shrivel up and suddenly all of these laborers would be able to collect on benefits on the taxes they've paid on the system? there is a good question there.
What is the approximate size of benefits that are getting funded but lie unclaimed by black market labor?
That sounds uncharitable, yes. But the same contingent that claims we cannot feasibly support universal healthcare due to the bottom 50% being essentially leeches on society happens to be the same people who insist that we cannot improve income for the bottom 50% because the free market is speaking.
Again, can you show us the numbers? "A guy claimed it was so on the Internet" isn't really useful later as a source.
https://novaramedia.com/2021/08/30/david-graeber-was-right-a...
It is a moral hazard. First, it amounts to a giveaway to people aren't necessarily all that sympathetic -- people who can afford to go to college at all, even if they borrowed money to do it. Remember how much of the population couldn't even get that far. Second, any kind of student debt jubilee without first reforming the system just invites every future student to take as many loans as possible with the expectation that they too will have their debt forgiven.
It'd be more informative to look at who's funding healthcare now, including the private portions. I doubt very much that the bottom 50% are only covering 3% of that.
Giving free healthcare to all the illegal immigrants would cost $100 billion; switching the single payer would save Americans a trillion.
> It sounds nice, until you think about the obvious result.
Making up a nice story isn't really "thinking". Let's see your actual numbers.
> Making up a nice story isn't really "thinking". Let's see your actual numbers.
Let's see yours. Trusting a politician's estimate for a bureaucrat's dream money pit is naivete at its peak.
According to this article: https://www.ucsf.edu/news/2020/01/416416/single-payer-system..., savings of 3.5% are likely in the first year of a single payer plan.
Edit: according to Bernie Sanders' plan, the total cost would be $32 trillion over 10 years. Here's a nice article debunking that claim: https://www.factcheck.org/2018/08/the-cost-of-medicare-for-a...