Many Americans that think capitalism has failed to provide the country adequate health care are unaware that there hasn't been a free market approach in the U.S. for nearly 50 years due to Medicare.
Consider the fact that Medicare faces $34 trillion in unfunded liabilities and President Obama wants to add 45 million people to the bankrupt system:
- President Obama's health care model is the Canadian system; yet, Canada's mortality rate for colon cancer is higher than the United States because the Canadian government refuses to purchase the two most effective drugs to treat the disease.
- The proportion of middle-aged Canadian women who have never had a mammogram is twice that of the United States, and three times as many Canadian women have never had a Pap smear.
- This lack of screening is partly responsible for the fact that the mortality rate in Canada is 25 percent higher for breast cancer.
While we might debate its affordability, there's no debating the fact that U.S. medicine is the best in the world.
When American billionaires become seriously ill, they seek treatment at home. And while much is made of the fact that U.S. life expectancy is a bit shorter than that of other countries, if you adjust for violent crime and automobile accidents, Americans have the longest life expectancy in the world...
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