Originally posted by: Taggart
Socialism is never the answer.
"I swear by my life and love of it that I will never live for the sake of another man nor ask another man to live for mine."
Dagny, a couple years back I would have agreed with you that "socialism is never the answer". However, I have concluded that certain areas might be better under socialism, especially areas that are non-perfect-competition in nature, such as roads and urban utilities (which rely on non-fungible land).
As I see it, health care really isn't a market commodity since it's overly-expensive (unlike food and water) and since people have no choice but to purchase it.
Ironically, socialized medicine might have the opposite effect on the economy. Can you imagine how it would free businesses from the burden of having to worry about it? People could also more easily move from job to job since that would no longer be a factor, not to mention that it would make starting a small business much easier.
Of course, ultimately, the health care issue is really just a proxy for our nation's own economic health. If our economy were better and if we had far fewer poor, working poor, and lower middle class it wouldn't be such a huge issue. Also, more people would be able to pay for their own health care, decreasing the costs of the current elements of socialism in our system, lowering the price.
Sadly, this situation to improve anytime soon since our nation is waging a war against the lower and middle classes. (I'm referring to global labor wage arbitrage--the loss of middle class and lower middle class jobs to mass immigration (legal and illegal), foreign work visas like the H-1B and L-1, and the foreign outsourcing of manufacturing and knowledge-based services.)
"From third world shirt-sleeves to third world shirt sleeves in three generations."
I fear that the U.S. will prove to be an economic version of the Roman Empire. In the future people will say that the American people became fat and complacent and lost their understanding of simple economic principles, blinded by a religious-like faith in free market economics and immigration, and that the nation rapidly deteriorated into another third world country.