Carpentry and Math

Over at Progressive Fox, former IL-14 Congressional candidate, green-building-practices guru and union carpenter John Laesch crunches the health care numbers and concludes a single payer solution means money in his pocket.

To simplify it, we currently pay $7.65/hour ($6.61 + $1.04) for 80% coverage. Under a single-payer plan, we would pay $3.44/hour for 100% coverage. More directly, single-payer healthcare reflects a potential $4.21/hour pay raise. It always pains me that some gambler on Wall Street who will never swing a hammer or care for a sick person in a hospital bed makes $4.21 every hour that I work. I would rather have a pay raise of $4.21/hour and a single-payer plan.

California Nurses Association extrapolated his numbers nationwide earlier this year, when the study they commissioned concluded:

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

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