Truth To Power wrote:There is a difference between free vaccinations and free gender reassignment surgery, free elementary education and free chocolate bars. Free stuff only makes sense when the stuff does not have to be allocated to prevent waste.
One lesson that you apparently didn't learn from the covid pandemic is that the nation needs extra hospital beds sitting there unused in normal times so that they can be used in a pandemic. These beds and the staff to service them need to be paid for even when they are not being used, so they are there when we need them on short notice like during a pandemic. The Gov. is much better than private corps at paying for things like extra hospital beds because it doesn't need to make a profit.
So, Gov. provided healthcare paid for with Gov. spending, partially matched** by revenue from taxes, is a good use of "free stuff" because it is the most efficient way to deliver healthcare to all residents or just legal residents. It cuts out the middleman who was making obscene profits by selling high to people to want their kids to stay alive. Medical bankruptcy hurts the families of those made bankrupt and must be paid for somehow by everyone else because the insurance comp. or hospitals are not going to eat the loss. So, we all are already paying more than we need to for healthcare.
** . . MMT has shown that taxes do not fund Gov. spending for nations with their own fiat currency. Taxes give a value to the fiat currency, and they free up resources so the Gov. can buy them without causing inflation by having a bidding war with some private user of those resources.
. . . If you hand deliver actual cash to the IRS to pay your taxes, the IRS immediately shreds the bills so they can not be stolen. Almost all Gov. spending is done with direct deposits or checks. It almost never spends paper bills. So, the Gov. spends by making key strokes on a computer. If you paid with a check, The Gov. processes the check, mostly to debit your account. The only reason it add the amount of the check to the Gov. acc. at the Fed is a hold over from the days of the gold standard and to keep a record so it can calculate how much it is adding to the money supply. The Gov. issues the dollar it does not need your dollars to spend dollars. It is exactly like you don't need your IOU that you gave to someone to give another IOU to someone else.