1 of 14

No

Write now Article Tools

Define improve. If one is on the side of American liberty and justice, the Natural Rights of Humanity, property ownership and the US Constitution, then no. He will destroy everything upon which our country was founded. If one is on the side of socialism and its march toward communism, then you have your ace in the hole. Congratulations commies. Taking over the USA would be quite a feather in your caps.

Definition of Communism. n. 1. a theory or system of social organization based on the holding of all property in common, actual ownership being ascribed to the community as a whole or to the state. 2. a political doctrine or movement based on Marxism and developed by Lenin and others, seeking a violent overthrow of capitalism and the creation of a classless society. 3. a system of social organization in which all economic and social activity is controlled by a totalitarian state dominated by a single and self-perpetuating party. [1835-45]

Definition of Socialism. n. 1. a theory or system of social organization in which the means of production and distribution of goods are owned and controlled collectively by the government. 2. (in Marxist theory) the state following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles. [1830-40]

Europe and Canada may be thrilled to have socialized medicine, enough to tempt Americans to want it too. But here I'll illustrate the issue that no Keynesian economist is willing to tell you. Remember that there's no such thing as a free lunch.

Let's say a pharmaceutical manufacturer makes medi-widgets, and the cost of production is $35 per unit. A generally acceptable mark-up is 100% (to $70 retail). This covers overhead and hopefully leaves a 10% margin ($7 of the marked up price) for profit. The company would like to remain competitive for the following year.

Let's say the socialist European Union governments fix the price that they'll pay for the medi-widgets at $30. They'll pay no more. The pharmaceutical company is operating in Europe at a $5 loss for every unit sold. The European patients are thrilled. It seems free. But there is no such thing as a free lunch.

The pharmaceutical company will simply make up the difference in the freest markets available - like the USA. We are paying so damn much for our health care because of onerous regulations, bureacratic insurance companies, high taxes AND we are subsidizing the socialist countries. Are you SURE you want

• 1
• 2
• next page >>

Add your voice

Know something about Will President Obama improve the country??
We want to hear your view. Write now!