Michael Moore and socialized medicine

[Richard Tanner]

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However, the situation is even worse than that. If health care is socialized, what we'll never see are the possibly revolutionary, life-saving new medicines and procedures which would have been invented, but never come to be. The loss here is similar to the "broken window" fallacy demonstrated in Henry Hazlitt's lesson, but on a life or death scale.

Socializing health care will not only make it less available and of lower quality, in the longer-term it will destroy life-saving innovation. It is the dumbest idea ever.

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So wrong. Look north to Canada. They are developing many life saving intiatives. Some of the top cancer iniatives are coming out of facilities here. Also many research and private entities are working on cures as there is a profit to be had if you discover the cure. Our socialized health care system is not the best but it is so much better than the US's.

I did see that Moore interview he also used the example of the education system and police services. He also mentioned that you have to regulate the Drug Companies also. Good luck on that they have bought both the Republicans and Democrats.

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What are you referencing here, because of the top 50 pharm companies world wide (both profit and R&D) the US has 20 companies. Canada doesn't have any. Are you referencing small companies owned by the larger ones or what?

Cody