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I agree that socialized healthcare should exist, but I am also saying it might not solve as many issues as you think they will. The root cause of this specific
by novok 5y ago
I agree that socialized healthcare should exist, but I am also saying it might not solve as many issues as you think they will.
The root cause of this specific issue isn't related to a lack of healthcare, but regulations propping up real estate as an investment category and preventing supply growth, in both countries. A lack of wage growth comes from fed policy to raise interest rates and slow down the economy just at the point where wage growth starts occurring, because they think it's inflationary in a major way, and the fed is public about this policy.
Bring full socialized medicine to the USA, and the housing & wage issue will definitely still remains, as it does in Canada. Entrepreneurship is probably worse overall in canada because of culture, some banking policies and overall lack of investment capital available for non-resource entrepreneurial activities compared to the usa. But yes, health insurance is a dampener on entrepreneurship too.