Social Security and Medicare are vastly inferior to their European counterparts. Medicaid is an absolute disaster and a large number of doctors and health facilities will not even accept it.
You must have misunderstood me. I never argued that US single payer healthcare would be bad, just that one based on expanding medicaid bottom-rung insurance, would not be adequate.
Explain to me how expanding US single payer healthcare suddenly makes the US a worse place to do business in than Europe?
Companies would love not having to deal with the complexities of 401ks and employer health plans.