Sen. Bernie Sanders’ “Medicare for All” plan, unveiled last week, is an ambitious and (to many) enticing idea: a single, government-run health plan with generous benefits for everyone — just like most industrialized countries have enjoyed for decades.
If only it were feasible in today’s United States.
Alas, Sanders’ proposal is a pony without a price tag. The Vermont senator has offered only vague estimates of what his plan would cost and a generic menu of tax increases to pay for it. But the biggest problem is politics. As they purportedly say in New England, you can’t get there from here.
His proposal, which would eliminate almost all private insurance, will run into a...