To: Cogito Ergo Sum who wrote (1038030 ) 11/11/2017 9:52:29 AM From: RetiredNow Read Replies (1) | Respond to Of course, it benefits everyone, but the question is for HOW LONG. The problem with socialistic solutions is that they are inherently unsustainable. I'll give you a classic example. Social Security. It is unsustainable because it relies on future generations to pay for today's benefits. That is the very definition of a Ponzi Scheme. Single Payer is much the same thing. It sounds good, because it concentrates the buying power into the government so they government can use that to lower prices across the board. But anyone who knows economics knows that this creates knock on effects that are inevitable and uncontrollable. For profit entities will always find a way to raise prices elsewhere, which means the net effect on the consumer is no discount at all. Or worse, if those for profits are locked into accepting whatever the government tells them, then the government can make the market unprofitable for them, which drives them out of business. We've seen that with Obamacare, which is why so many insurers pulled out of so many markets and the ones remaining raised prices dramatically to stay profitable.
