It cost Israel more than $1bn to activate its defence systems that intercepted Iran’s massive drone and missile attack overnight, according to a former financial adviser to Israel’s military.
“The defence tonight was on the order of 4-5bn shekels [$1-1.3bn] per night,” estimated Brigadier General Reem Aminoach in an interview with Ynet news.
“If we’re talking about ballistic missiles that need to be brought down with an Arrow system, cruise missiles that need to be brought down with other missiles, and UAVs [unmanned aerial vehicles], which we actually bring down mainly with fighter jets,” he said.
“Then add up the costs - $3.5m for an Arrow missile, $1m for a David’s Sling, such and such costs for jets. An order of magnitude of 4-5bn shekels.”
You’re touching on the most common misconception. Most people would pay less in taxes than they currently do in insurance premiums. The cost of healthcare would go down in the US with single payer. Even the ultra conservative Koch family funded Cato Institute found this to be true.
There is way too much profit motive in the US healthcare system. So much so we pay double what other nations do for some procedures with generally worse outcomes. Last report I saw is the US spends 16% of GDP on healthcare. The next closest nation was Japan at 10%. Yet the US was among the lowest life expectancy of all G20 nations.
Cite the Cato report. I have not seen a report that said cost would significantly cost but the standard of care would stay the same
https://www.cato.org/commentary/no-medicare-all-wont-save-money
Because they wouldn’t admit that. What they did say is costs over next 10 years with single payer would be $36T. Without then admitting the cost of keeping our current setup is estimated at $42T.
https://www.cato.org/commentary/covid-19-crisis-doesnt-argue-single-payer-health-care
Thank you. I’ll read that later tonight.