SpiritBlooms wrote:
They are going broke because of the global economic meltdown caused by markets trading worthless pieces of paper. They've had social welfare programs in place for decades without much trouble until Americans invented things like paperless credit default swaps. They've also suffered some idiotic leadership - under which, for instance, Iceland wound up with a lot of its public assets sold off, even the rights to its fishing grounds which are the historic basis of its economy. It's not socialization - which was working - but capitalization and privatization - which are now killing those economies.
I agree with this, plus health care in the US is the most expensive in the world. One of the reasons for this is because of the insurance companies--they have to make a profit, so we end up paying for the billing departments in hospitals and doctor's offices (that haggle with insurance companies), as well as the profit for insurance companies.
If we had a single payer system, then we would no longer have to pay 20% more for the billing departments hagglers--and it would drive the costs down, as pharmaceuticals and other medical supplies are less expensive when purchased in larger quantities, and a single, government-run health insurance program would enable us to get a better deal than (edit: what is with my then/than grammar errors lately?) individuals or individual insurance companies.
The only problem I see with this, is that we already have people struggling to keep their jobs, and a single payer system would knock insurance company jobs down--though they could be replaced with govt. jobs.