Williams with Sowell - Government-Run Health Care

Economics professors Walter E Williams and Thomas Sowell discuss what citizens can expect from government-run health care. http://www.libertypen.com

Category:

News & Politics

Tags:

• universal
• socialized
• medicine
• government
• liberty
• individual
• tyranny
• economics
• healthcare
• insurance
• medical
• Obamacare
• economy
• congress
• doctors
• physicians
• treatment
• old
• young
• sacrifice
• costs
• ethics
• UK
• power

[DickeyRogers]

universal healthcare is just immoral

[dawoool]

I don't want politicians anywhere NEAR my medical decisions.

[ahhhitsjay]

If I had to choose between $1 million or Thomas Sowell's knowledge - hands down Thomas Sowell's knowledge. This guy knows more than I will in a lifetime.

[AmandaFeetJeansFan]

Thomas Sowell is my hero. He will be sorely missed when he kicks the bucket within the next few years...he should have been president for 10 terms.

[MsZeitgeist85]

@s0beit All you have to do is look at the states that have the most restrictions and least restrictions and see how this argument fails. States like New Jersey, Iowa, New York, and Minnesota have the best coverage while states like Oklahoma, and South Carolina have the worst.

If for profit HMOs worked other countrys would have used it and no other country does.

[s0beit]

@MsZeitgeist85 Limiting where companies can sell their products is not a good idea, I'm sure it'll help, I'm not a part of the "GOP" but it also, isn't the entire picture. It is one very small piece of a gigantic problem that both Democrats and Republicans fail to acknowledge.

The problem, if you're going to have a "free market", which by the way in medical care is the least free market in the entire country, is you can't much with it. There's far too much mucking, not too little.

[MsZeitgeist85]

@s0beit There are 3 models of health care. The Bismark Model, The Single Payer Model, and the Beverage model. Some countrys use a mix of these systems.

My point was that for profit insurance will never work and that is why no other country uses it.

THE GOP says let the Free Market work by allowing insurance companys to sell accrost state lines when that will make things worse because regulation is done at the state level.

[s0beit]

@MsZeitgeist85 Well then it isn't single payer at all. Also might i add, minus regulation in the marketplace this would be absolutely possible in a free market. There's nothing stopping people from joining together and making their own non-profit pools of insurance _right now_ beside the horrible startup costs and burdens the government currently puts on the market in the first place.

[MsZeitgeist85]

@s0beit Thats not the way the Bizmark Model works. You ether buy non profit health insurance where you ether pay all or you split the balance with your employer.

[s0beit]

@MsZeitgeist85 Anti-smoking laws, anti-obesity laws, anti-drug laws become carved in stone because nobody wants to be known politically as the guy who let people fall to their vices to jack up the price of healthcare, they also most certainly don't want to be known as the guy who let the healthcare system crumble.