Friday, January 30, 2009

Medicare for all: 2.6 million new jobs

According to the California Nurses Association, in a press release dated January 14, a single-payer health care system would:
• 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
This is according to a study (be forewarned, it's a 39-page PDF) conducted by the Institute for Health and Socio-Economic Policy (a research arm of the CNA).

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