The federal government is horrible at competing in the free market when it comes to pretty much any good/service. For medicare to have a chance, they would need to eliminate the private market for healthcare. No one that can afford private healthcare would opt for government healthcare. Those who truly rely on government healthcare I assume wouldn't pay the monthly premium. We could defund the war machine but neither party wants that. There is the option to just printing the money but there's no free lunch and that inflation will show up in healthcare prices and the broader economy. Lastly, This type of top-bottom control of the healthcare market is not pragmatic and will lead to a whole host of inefficiencies and other problems that would create a worst situation then what we have right now.
False. America’s healthcare quality is the best in the world despite current issues with affordability. Most developed countries with socialized medical care are far smaller then the US. Most are smaller then just LA or NYC alone. Every market the government enters by subsidizing cost creates market distortions that have contributed to multiple financial crises in this country(mortgage and higher education).
My comprise would be let the states implement socialized medicine. My hunch is that with within a few years every economically productive person in those states would move states within 2-3 years. The tax burden and lack of choice in health care would be a no brainer to leave. Most people think socialized medicine will fix everything overnight put don’t think about what rights they are takin away from individuals to achieve their goals.