Comments by "Vic 2.0" (@Vic2point0) on "Bernie's Damn Bill Pt. 2: How Did We Get Here? (Narrated by H. Jon Benjamin)" video.

The healthcare crisis began with government intervention though. It's no coincidence that our healthcare industry is both the most insanely expensive and the most heavily regulated. Prices skyrocketed in the 60s (with the advent of Medicare and Medicaid) because our government had radically increased demand while greatly hindering supply. Why would we trust this same government with even more power when they're the ones who got us in this mess in the first place? https://mises.org/wire/how-government-regulations-made-healthcare-so-expensive Meanwhile, Trump's made progress apply free market principles. Namely, he got more drugs approved by the FDA which has caused prescription drug prices to lower at historic levels. That's competition! Giving power back to the American people! He's also fighting for transparency in the costs of medical treatment which will help even more. https://www.whitehouse.gov/articles/prescription-drug-prices-falling-historic-levels-thanks-trump-administration-policies/
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The healthcare crisis began with government intervention though. Prices skyrocketed in the 60s (with the advent of Medicare and Medicaid) because our government had radically increased demand while greatly hindering supply. Why would we trust this same government with even more power when they're the ones who got us in this mess in the first place? https://mises.org/wire/how-government-regulations-made-healthcare-so-expensive Also, it's not true that M4A would save money. Indeed, most of the studies say it would cost more. https://www.washingtonpost.com/news/fact-checker/wp/2018/08/07/democrats-seize-on-cherry-picked-claim-that-medicare-for-all-will-save-2-trillion/ https://americashealthcarefuture.org/setting-the-record-straight-on-the-unaffordable-costs-of-medicare-for-all/ Meanwhile, Trump's already lowered prescription drug prices at historic levels. That's just from getting more drugs approved by the FDA (Competition! Giving power back to the American people!) He's also fighting for transparency in the costs of medical treatment which would help even more. https://www.whitehouse.gov/articles/prescription-drug-prices-falling-historic-levels-thanks-trump-administration-policies/
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What Bernie doesn't understand is that those countries tend to benefit from less government intervention in terms of supply; that's why they can meet (arguably) the high demand which comes from "free" healthcare, etc. Take Scandinavia for example. Scandinavia is actually more free market than the U.S. No minimum wage laws, they have school vouchers, they don't penalize the wealthy with high corporate tax rates, etc. They learned their lesson about capitalism some time ago (especially Sweden), while the U.S. bumbles around and people like Bernie aren't helping.
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@xfrosty9176 Hence the word "arguably", probably depends on the industry. I don't know what the regulations or taxes on healthcare providers look like. There could be any number of contributing factors. But I do know that in the U.S., healthcare costs skyrocketed in the 60s due to demand being radically increased (with the advent of Medicare and Medicaid) while supply was hindered.
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Voting Trump this time. Didn't like him at first, but he's done a great job, IMO.
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It's not that simple. For one thing, there are big differences between the U.S. and Sweden that keep us from comparing them directly. Population size, unhealthy lifestyles, and what most would probably agree is a more corrupt government to name a few. Secondly, what Bernie's wanting to do in the U.S. is not what Sweden is doing. He wants to ban all private health insurance, for example. Meanwhile, Scandinavia not only has private insurance but is embracing it more and more every year. https://www.dailysignal.com/2019/06/13/socialist-nordic-countries-are-actually-moving-toward-private-health-care/ Besides all that, we are already in the middle of our experiment with letting government control this industry, and the results have been horrific. Indeed, our healthcare crisis began with government intervention. Prices skyrocketed in the 60s (with the advent of Medicare and Medicaid) because our government had radically increased demand while greatly hindering supply. Why would we trust this same government with even more power when they're the ones who got us in this mess in the first place? https://mises.org/wire/how-government-regulations-made-healthcare-so-expensive Meanwhile, Trump has made progress apply free market principles. Namely, he got more drugs approved by the FDA which has caused prescription drug prices to lower at historic levels. That's competition! Giving power back to the American people! He's also fighting for transparency in the costs of medical treatment which will help even more. https://www.whitehouse.gov/articles/prescription-drug-prices-falling-historic-levels-thanks-trump-administration-policies/
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@lovisalunneborg8651 The only realistic way to stop all the bribery/lobbying of politicians and government officials is to remove the power government has over the market to begin with. It's no coincidence that our healthcare industry is both the most insanely expensive and the most heavily regulated. The point about population size is that as you give a centralized power a larger jurisdiction, that power becomes more inefficient in meeting all the needs of that jurisdiction. Besides which, as I explained, we've already seen what happens in the U.S. when we let our government have too much power over an industry; the problem only gets worse. It's kind of like how the "War on Poverty" only caused the rate at which poverty was already declining to slow down. As for Trump, I pointed out to you that (and how) he lowered prescription drug prices, and all you could do in response is insult people. But I didn't originally support Trump; I changed my mind after seeing the good he's done for America. In addition to lowering drug prices, we're talking record-low unemployment rates (especially for minorities), increased wages, prison reform, Right to Try and more. I also appreciate what he's done for the pro-life movement, but I understand that's a more controversial topic.
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