Dear America, Here’s what your missing, or how Revolution and Beer saved the nation!

This started out as a rundown of corporate welfare at the state, local and national levels. Brian was in a twitter battle with some corporate apologist. He wanted some of my numbers from last week’s show in which I detailed nearly a half trillion dollars given or gifted or bequeathed to corporations. That includes the conservative estimate of $100 billion in 2012 (the numbers aren’t yet in for 2013) $134.6 billion on a state level, and at least that amount on county and local levels. This number does not include $12 billion given to 10 individual hedge fund traders, nor does it include 254.8 billion to military contractors contracted through the DoD. [1]
All total, this paints a pretty clear argument that America could have nice stuff, like healthcare, and wealthy doctors, but at a rough estimate, and certainly a lowball number of $476.4 billion a year to corporations and military contractors, they are robbing the American dream blind.

I started researching first what it cost each American household and came across this:

Tax Foundation has concluded that their ‘special tax provisions’ cost taxpayers over $100 billion per year, or $870 per family. Corporate benefits include items such as Graduated Corporate Income, Inventory Property Sales, Research and Experimentation Tax Credit, Accelerated Depreciation, and Deferred taxes… federal, state and local governments force American families to give, on average, $2436 per year to companies that certainly don’t need the handouts (or shouldn’t be in business if they do). That $2436 could go a long, long way for most families, whether it was spent on food and clothing, vacation, a college fund, or whatever mom, dad and the kids most need… [2]

But thanks to Brian and his corporate twitter troll I wasn’t ready to quit there. It became something more than just a damage estimate. I began to wonder over what we were actually missing. What is being stolen from the American taxpayer? Who is the culprit? What are the numbers? What is the fix?

The obvious is healthcare. It also really pisses off Righties, and I love that. Share this with a friend. You’ll be surprised at the absolute simplicity.

Okay, aggregate US hospital costs in 2011 were $387.3 billion. The average cost to a policy owner for monthly insurance through an employer is $300, but it comes out of your check so you don’t notice it, until you get a sniffle and then suddenly you’re happy you have insurance! The cost to employers for that same policy can be 2-5 times that cost.

If 90 million Americans paid $165/month for a premium that would amount to $14.85 billion in revenue. The money would not go into the general government fund, but into a single payer insurance entity. Double that with an employer match. the cost of providing insurance to employees, even with their contribution is steep. The key here is the employer and employee costs are cut dramatically. More money in the marketplace! Annually, that works out to, with employer match on that $165 dollar premium ($330 total) is 365.4 billion Dollars annually for universal single payer. Cutting even a pathetic 20% off of the lowball $353 billion annually to corporations and contractors puts an additional $60 or so billion into the system, padding it for inflation and even making a profit for investment and improvements. Add in copays of $10 or 15 dollars and every patient in American gets to pee in their own gold-plated f$#@ing bedpan!

By the way, these numbers include Medicare and government health services. money from corporate welfare would then go, theoretically, to paying down the deficit and cutting taxes. The math is simple. Start with annual US medical costs and the number of working age men and women, and then work backwards through simple numbers. And I’m no economic genius. I’m just thinking out of the box, or out of the cave, Plato.

Given all of these easily locatable figures and details, in my humble estimation, the Right, capitalists and oligarchs in the country can go f#$@ themselves!

WC Turck has been called “The most dangerous voice on the Left.” He can be heard on Chicago’s only voice for activism, and the true Progressive voice, Q4 radio, streaming weekdays from 9-11am. And listen to Revolution and Beer Weekend with partner and cohost BL Murray Saturdays from 1-3pm. Turck is the author of 4 books. His first novel “Broken: One soldiers unexpected journey home,” was recommended by the National Association of Mental Health Institutes in 2008 for its treatment of PTSD. “Everything for Love” is a memoir of love and war during the siege of Sarajevo. “Burn Down the Sky” was published in 2010 on Amazon as an e-book fictionalized his experiences and insights on the frontlines of the war on terror. “The Last Man,” an Occupy novel is a warning about world ruled by a single corporation. Turck wrote and produced two critically acclaimed plays, “Occupy my Heart: A revolutionary Christmas Carol,” and “The People’s Republic of Edward Snowden.” His current project is to build and proliferate truly independent media and radio stations across the country.

Use Facebook to Comment on this Post