millions of jobs would open up. The newly-employed would be paying taxes and would not be receiving Food Stamps, etc. More people employed would mean wages in general would rise, which would mean the economy would boom, tax revenue would rise, etc.
And if we lower the Medicare age to 55 all the new people in the program would cost MUCH less because people between 55 and 64 use far less health care services than people 65 and over. AND the people 55 and over are the most expensive people on private insurance, so the cost of private policies would go way down.
How to pay for this? This is about priorities. How do we pay over a trillion a year for military? How did we pay for Iraq? How did we pay for the bank bailouts? How do we pay for tax cuts for the rich? How do we pay for letting corporations stash money in tax havens to evade (defer) taxes? How do we pay for giving subsidies to oil companies?
Who is our economy and country FOR?