Comments by "" (@freesk8) on "Why You Probably Won't Inherit Anything!" video.
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@scxble Americans spend more on health care, not because it is more expensive here if you really compare like procedures, it is because Americans are RICHER. They are richer because of free markets and property rights. Americans sometimes get prescription drugs overseas, taking advantage of the fact that drug companies sell for less there. They make their capital costs back in the US, and know they can't charge as much in foreign countries because they are poorer. But when they need cancer treatment and MRI imaging, they come to the US. We are the only country that doesn't have socialized medicine, but that's no argument. If every other nation were a socialist dictatorship, we would still be stupid to copy them. Health care can never be a "right" because it requires the labor of others to provide it. Life, liberty and property are rights because they come from self-ownership. Food, shelter, clothing and health care are not rights, they are goods, needs, or benefits. Socialism has failed everywhere it has been tried. The more completely it is implemented, the more spectacularly it has failed, and the poor are hurt the most. Venezuela, Cuba, N. Korea are examples of socialism.
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@scxble Definitions of words are important. I do not accept your definition of the term "rights." You may use the term as you choose, of course, because I believe in the right to liberty, but rights do not come from governments. They come BEFORE governments. Good governments defend the individual rights to life, liberty and property. Bad ones violate those rights. Governments can give bribes to people from taxpayers to pay for food, shelter, clothing and healthcare, but that does not make these things "rights." Socialism exists on a spectrum. Some nations have more government control, and some have less. Switzerland and Singapore are at the free market end of the spectrum, and Cuba, N. Korea and Venezuela are at the other. The US is only the 30th most free market nation on the planet, lower than the Scandinavian nations and Canada. The AHA was a step in the direction of socialism, and it resulted in increased health care and health insurance costs. Free markets and competition do a better job of reducing costs than do government controls. As far as your statement about percentage of US GDP is concerned, when you get rich, you tend to shift the amount you pay for different things. When you have more money, you CAN spend more on health care, and Americans do this because they can. Single payer would reduce efficiency, increase waste and wait times, and reduce outcomes. When comparing different nations, it is impossible to account for racial and immigrant diversity. Since the US has so much more of these than most other nations, comparing superficial outcomes makes little sense.
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