For the same reason not paying our insurance will crash the economy: Big parts of it would go out of business.
Is “the economy” code for how hard you can fuck yourself in the ass with no lube?
I don’t know why I’m getting grief for agreeing with OP that eliminating health insurers would crash the economy.
To me this is fine but most people won’t like it which is why single payer won’t ever happen without a revolution.
“The economy” is code what for every single fucking one of us participates in. This notion that the economy only applies to the rich is sophomoric, and I’m being generous calling it that.
The obvious solution is to put a plan into place to transition to a new system over time. There’s no reason it has to come all at once, unless there’s a viable way to do that without collapsing markets.
The conclusion to any problem is never, and should never, be “Welp! The problem is too big to fix now! Guess we’ll just leave it as it is!”. Every problem has a solution. Most problems have more than one.
Further than that, as a recently unemployed working class person who was paycheck to paycheck before my freelance gigs dried up a month and a half ago (slow season started early this year), fuck the stock market. Why should I worry about the extractors losing money when they have already created a system in which, through no lack of effort on my part, I have nothing left to lose. I’m in the top 10% of technicians in my city, in a very niche field, in one of the largest cities in the US, and I can’t afford my bills because my industry is dominated by a single monopoly. Anyone who doesn’t serve the monopoly directly either serves it indirectly, or feeds on its scraps. Small company owners (I’ve worked with many) justify paying people just slightly more than the starvation wages the monopoly doles out. Unions are gaining ground, but it’s very slow progress and they haven’t really expanded far beyond entry level positions yet, which I leveled out of well over a decade ago.
Fuck the stock market. Fuck the rich. Why should I care about them when all they do is extract?
I don’t disagree with you but I do not believe our government is capable of a decade-long transition to single payer.