On Monday, two seemingly unrelated headlines made the news. The first: America’s national debt had finally reached $20 trillion. The second: New Jersey Democratic Sen. Cory Booker had finally come out in favor of Vermont independent Sen. Bernie Sanders’ magical, mythical “Medicare-For-All” plan.
Of course, the two aren’t unrelated at all. Once again, the Democratic Party is signing checks the country can’t cash. Sanders’ Medicare-For-All scheme would add some $13.8 trillion in spending over the first decade alone. Medicare already carries $58 trillion in unfunded liabilities, according to National Review. How unrealistic is Medicare-For-All? It’s so unrealistic that the state of California has rejected a single-payer health care for being too expensive — and California currently has a Democratic supermajority in the state assembly.