In the current issue of Washington Monthly, Editor-in-Chief Paul Glastris spotlights “Ten New Ideas for the Democratic Party to Help the Working Class, and Itself,” and writes, “For many years, outside observers, including the editors of this magazine, have warned that the Democratic Party cannot win if it continues to hemorrhage the support of working-class Americans. The results of the November election should put an end to any debate about this….

The tragedy is that as president, Joe Biden did a lot to try to bring back these voters. He openly supported unions and was the first sitting president to walk a picket line. He pushed through major legislation to fund infrastructure and manufacturing projects that would produce, he said again and again, good-paying jobs that you don’t need a college degree to get—and by design these projects were disproportionately located in red areas. He signed other bills that put cash in the pockets of average Americans, including a short-lived but successful child tax credit. He began a revolution in competition policy that took on corporate power and greed in favor of small businesses and employees. When he dropped out of the race, Kamala Harris picked a running mate with working-class rural roots and proposed to help ordinary Americans buy a first home, start a new business, and secure protection from corporate price gouging…. Yet despite all of this, Donald Trump not only won the election but also gained ground with working-class Americans of every race and gender and in every part of the country.”

Here’s a teaser from one of the ‘ten new ideas,’ “Medicare Prices for All: Want a real raise? Slash health care costs by tying employer plans to Medicare rates” by Phillip Longman:

….Everyone complains about the high price of drugs and hospital stays. But few people are aware of how hidden health care costs that don’t show up in the Consumer Price Index are profoundly eroding their purchasing power.

To understand how this giant rip-off works and how to fix it, you need some background. Most working- and middle-class Americans receive their health care coverage through employer-sponsored insurance plans. Most of us covered by such plans know full well that we are perpetually being asked to pay higher deductibles and co-pays. Most of us also know when our premiums go up. Individual workers covered by such plans typically pay around 20 percent of the cost of the premium in the form of a paycheck deduction. Workers who insure a spouse and two children under an employer plan typically see about 32 percent of the cost of the premium deducted from their paycheck.

….The employee-benefits expert Syl Schieber has calculated how much rising health care costs have lowered what he calls the “kitchen table” income of workers with employer-sponsored health care plans—that is, the income they have available each month to pay for housing, groceries, gas, and other day-to-day expenditures. He finds that due to the wage suppression caused by the rising cost of their health care plans, lower-income workers with family coverage had $2,500 less kitchen table income in 2019 (adjusted for inflation) than they brought home two decades earlier. In effect, health care inflation gobbled up all of the meager raises they received as they gained seniority, and more.

….Since 2010, health care costs for the average family of four with an employer-sponsored plan have risen by more than $13,000, or over 71 percent. Currently, the cost for individuals covered by such plans is rising by 6.7 percent a year, roughly double the official rate of inflation. No wonder so many Americans, even those “privileged” enough to have employer-sponsored health insurance, feel like the economy is not working for them.

….What can be done? Abolishing our employer-based health care finance system and replacing it with something like a government-financed, “Medicare for All” program might be a good idea. But it hardly needs saying that it is a political nonstarter at the moment.

….So here’s the solution. Just mandate, going forward, that all employer-sponsored plans pay providers the same, or close to the same, prices Medicare does. And further mandate that employers share the enormous resulting savings with their workers.”

Read more here.