The End of Welfare as We Don't Know It

Max Sawicky sawicky at
Sun Oct 18 22:41:56 PDT 1998

> . . . Note how good WW II was for profits, though they were taxed at
their highest rates ever, peaking at 55% in 1943. If taxes had been that high in early 1998, the government would have $182 billion more revenues.> That, plus $250b out of the Pentagon, could finance a pretty generous public health insurance system, Max.>

No it wouldn't. I noted in a previous post total U.S. health care costs are over $800 billion. If you rolled in all the medicare/medicaid money, you still might be short.

Also, "$250b out of the Pentagon" would leave about $20b.

MBS The Planet Earth

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