Comment on "No precedent in American history!" NYT would have defended child labor.

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VelvetPinkOtter123@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

It’s not. The people in this sub didn’t read the article, they’re just reacting to the headline

It’s a 7 year old news article about the potential economic impacts of proposed sweeping reforms to health care in the United States.

It’s literally just an article for economists and investors about potential changes to the market

The quote isn’t even the focus of the article, it’s just one guy pointing out that there’s really nothing to base our predictions on because nothing like these proposed changes has happened before. Health Care is a trillion dollar industry that employs over half a million people nation wide and these companies stocks are popular among retirement accounts.

Nobody is saying single-payer health care is bad, in fact the article even points out the positives, it’s questioning what happens to peoples retirements funds and jobs and what impact would that have on the market as a whole and the economy in both the long and short term

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