Socialized Medicine and the Subsidy Problem

A look into the basic economics behind government subsidies, and why systems built on them- like socialized medicine- are guarenteed to fail.

Category:

News & Politics

Tags:

• socialized
• medicine
• universal
• healthcare
• capitalism
• free
• market
• mixed
• economy
• philosophy

[GreNME]

What a pity this is a complete strawman. Subsidy systems are not the zero-sum game that this video attempts to make it out to be.

[bigbother1]

look i understand what your saying I GET IT NOT TO WORRIE

the way it works in teh UK is like this.

We pay national insurance( NI ), it cost several pounds out of your pay check.

That pays for teh NHS, and anyone who wants to use it regardless of if you have a job or not?

You could say the majority pay for the minority who dont have a job also..

Yes some people have waited to be seen.

But thats really a small number

DID you know even really rich people use the Nhs just goes to show??

[dubyamoney]

this guy is a total idiot

[CobinRain]

The man who made this video is utterly retarded. He doesnt know the first thing about this subject. Even the expression "socialised" health care is just part of the compendium of misinformation put out before the 2008 election. And of course it draws your eye away from the millions and millions of Americans who simply do not have access to healthcare because of money. America is in many ways a backward society. Talk to a Norwegian, a dutch woman, a Welshman, a Dane..theyll tell you

[irishgodfatherchris]

I somehow feel that the US has missed the point in a public healthcare system the idea of it is you all pay taxes into the system which is then used to subsidise medicine, pay for hospital trips, doctor's appointments and so on, the idea of it is not to make money but to treat sick people and save lives, it is NEVER about money.

[juxtn]

why do you start with talking about health care and then draw comparisons to cars? why not talk about getting major medical procedures like heart operations, cancer treatment or your typical visit to the doctor for blood work. It does not sound so frivolous when you stick to the medical care issue instead of your ridiculous car analogy. You most likely get your insurance from your job that pays for about two thirds the cost for tax breaks and other laws passed after wwII so your a hypocrite!

[rozza12320]

@totovader your comparing the manufacturing of cars to medicine. peoples health should never be reliant on profit making companies.

[ltkhokie1]

@bigbother1 what? Please give a coherent argument to what I was saying next time.

[bigbother1]

@ltkhokie1

nothing is free in this world my darling

when we use the term free, what we mean is its not back breaking

thats why the NHS uses a term called " free at the point of delivery "

NOW STOP ASuming you think, you know what others think

[ltkhokie1]

@bigbother1 lol I bet you think it's really free or that its not being paid for with borrowed money. Socialism is failing in europe. Sadly most won't realize this til there's nothing left

[Darusdei]

ffs have you even studied the systems? this is borderline retarded...