Democratic frontrunner Massachusetts Sen. Elizabeth Warren admitted on the campaign trail that universal medicare would eliminate roughly two million jobs.
Warren’s admission came in an interview with New Hampshire Public Radio.
National Review further reports:
“An economist at the University of Massachusetts, Amherst, told Kaiser Health News earlier this year that that could result in about 2 million jobs lost,” mostly within the healthcare industry, said NHPR reporter Casey McDermott.
“So I agree,” Warren replied. “I think this is part of the cost issue and should be part of a cost plan.” [emphasis added]
The economist cited by McDermott, Robert Pollin of the Political Economy Research Institute at the University of Massachusetts, had stated politicians who want to set up a “medicare for all” system would need a plan for how to treat those who would lose their jobs.
Warren previously said she hasn’t nailed down the specifics of her medicare proposal. The Senator has vacillated between endorsing Bernie Sanders’s plan and calling it a “framework,” whose details she plans to fill out.
Warren said that voters would have the opportunity to see her full medicare proposal soon.