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Sick and struggling to pay, 100M people in the U.S. live with medical debt

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Re: Sick and struggling to pay, 100M people in the U.S. live with medical debt

#2
Defining the problem so broadly makes it less likely that it will be solved. We already have high inflation in part because of high government transfers during the pandemic, and handing out money to 100M people with medical debt or student loan debt would aggravate this.

Re: Sick and struggling to pay, 100M people in the U.S. live with medical debt

#4

Defining the problem so broadly makes it less likely that it will be solved. We already have high inflation in part because of high government transfers during the pandemic, and handing out money to 100M people with medical debt or student loan debt would aggravate this.

Two wildly different issues. Medical debt is still generally owed to payers, student loan debt (as considered in debt relief) is largely federal. The impacts of forgiveness of either would seem radically different.

Re: Sick and struggling to pay, 100M people in the U.S. live with medical debt

#7

Defining the problem so broadly makes it less likely that it will be solved. We already have high inflation in part because of high government transfers during the pandemic, and handing out money to 100M people with medical debt or student loan debt would aggravate this.

I find it odd that when talking about inflation or moral hazard people bring up money spent given to individuals but not about the trillions spent given to businesses. I think it is immoral for a country as wealthy as the United States to have so many people with medical debt. There should be universal, almost free healthcare. The moral imperative is far more important to me than considerations about inflation.

Re: Sick and struggling to pay, 100M people in the U.S. live with medical debt

#9

Defining the problem so broadly makes it less likely that it will be solved. We already have high inflation in part because of high government transfers during the pandemic, and handing out money to 100M people with medical debt or student loan debt would aggravate this.

high government transfers during the pandemic

The government would like you to believe that, but a good chunk of the problem is supply-side, not demand-side.

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