4 ms·

USA spends 50% of its budget on health-care and social security. Looks pretty socialist to me.

• cmahler7 9y ago
  I agree, probably a big part of why the standard of living has dropped so much in recent years. We should reduce the budget significantly. Government massively missallocates resources
  • Eerie 9y ago
    Keep up the good work. You are such a great example of Poe's law. I can't even
    • pzone 9y ago
      What's with the ad-hominem? At least in the healthcare market, There are good reasons to believe that the massive government intervention is a bad use of resources. People on Medicaid claim to value the services at only 1/5 of their cost. If you taking that estimate at face value, if you shut down medicaid entirely and just paid each former recipient 20% of the price you'd been paying to provide health insurance, they would be better off. You can debate those numbers and methodology, but it's very suggestive, and very real. http://marginalrevolution.com/marginalrevolution/2017/07/medicaid-isnt-worth-cost.html http://marginalrevolution.com/marginalrevolution/2017/07/med...
      • deleted 9y ago
        [deleted]
      • bryanlarsen 9y ago
        As the article mentions, if you take away Medicaid people still have access to the prime mechanism for socialized medicine in the US: the law that prevents hospitals from turning away emergency patients.