Swenson on Saudi oil problems, welfare for all, caucus

September 18, 2019

David SwensonDavid Swenson, associate scientist, answered questions from Trent Rice, WHO Radio, about the likely effects on the regional economy of the Saudi oil production disruptions.

Swenson was also interviewed by The Daily Iowan for a September 17 story, "What does Medicare for All mean for jobs in Iowa?"

Without a detailed transition plan in place, it’s impossible to be completely certain what would happen to those jobs. For advocates of a single-payer, streamlined insurance system, reducing administrative bureaucracy in the insurance industry and health-care administration is core to their message of lowering overall costs for patients.

In other words, supporters of Medicare for All say that fewer employees doing administrative work means fewer costs for people seeking medical care, Swenson said. “We’re eliminating jobs that don’t have anything to do with direct health-care provision,” Swenson said.

Swenson also answered questions from Sofie Kazis, producer for Vice News, about the economic impact of the caucuses; what the whole process contributes to the state’s economy and the economic impact of that spending in Iowa.

Scott McFetridge, AP, about why and where some (but only a few) rural areas are growing and most others are not in the Midwest.

Frank Morris, KCUR/NPR, for an NPR story about how important farmers are as a voting bloc in Iowa and the Midwest.

Reade Pickert, Bloomberg News, about which industries are more prominent in the state and about the overall importance of agriculture and ag-related manufacturing to the state’s economy.

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