Milton Friedman On Socialized Medicine

A must see!

Nobel Laureate Economist Milton Friedman explores the unsettling dynamics set into motion when government imposes itself into the health care system. (1978)

Everything old is new again.

The genius of Milton Friedman is that his economic insights are as powerful as they are timeless. Despite the fact that these comments were made more than thirty years ago in 1978 at the Mayo Clinic, they ring as true today as they did then. Milton Friedman’s six-part video series below on the economics of medical care is especially timely, in light of the fact that the Supreme Court ruled in favor of Obamacare this week and Milton Friedman predicted in this lecture that increased government involvement in health care would lead inevitably to completely socialized medicine. This Mayo Clinic lecture is also a testament to Milton Friedman’s effectiveness at delivering the message of individual liberty and limited government in a convincing and non-threatening way, as Milton explains diplomatically to an audience of physicians how the “power of organized medicine” led to significant restrictions on entry to their profession through the American Medical Association’s control over occupational licensing for physicians, which has contributed to the rising costs of medical care.

Milton Friedman: “I’m going to talk today about the economics of medical care. This in an area, in which we all know there has been a trend toward ever-greater government involvement. One step in this area inevitably leads to another. We have had an expansion of government involvement in the spending of money – Medicare, Medicaid funds, expenditures by the Department of Health, Education and Welfare for other medical purposes have been growing by leaps and bounds. They have gone from a very tiny portion of the total national expenditures on medical care to a substantial portion. If this trend continues, it inevitably leads to completely socialized medicine. I believe that this trend is very much against the interest of patients, physicians, and other health care personnel. And in the brief time I have to today, I want to explain why I believe the trend is so much against their interest, why it has occurred, and what, if anything can be done about it.”

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Milton Friedman - Socialized Medicine

 

Confessions Of A Snake Oil Salesman

Confessions Of A Snake Oil Salesman

Excellent!

Several years ago I purchased a brand new television set, took it home and within a couple of days found myself sorely disappointed in its performance. Everything looked great at first, but then I noticed there was no sound coming from the speakers, which probably had something to do with the fact that there was no picture on the screen. Repeated attempts to get a response to the remote control failed, as did pressing the buttons on the front. What it boiled down to is that I had a very expensive device taking up space in my living room that failed to deliver on its basic function in life. Needless to say, I immediately returned said television set to the store and demanded a refund, cancelling out a business transaction that had resulted in failure. I think most Americans would agree that we have reached that point with Obamacare.

By now so many videos (four at last count) of Jonathan Gruber calling voters stupid and bragging about the fraud he and others perpetrated on the American people in order to get Obamacare passed have surfaced that even CBS News was forced to report on it. The surprising thing about the videos is not that Liberals think voters are stupid, or that they would engage in lies and outright fraud to push their agenda, it is that anyone is surprised by this. Nancy Pelosi, working with the same attitude as Gruber, denied knowing who he was (even though she has cited him in the past) and insisted we “put him aside”. I guess this is why she said we had to pass the bill to find out what’s in it.

Mrs. Pelosi’s denials aside, it is clear that not only has Obamacare failed to deliver on its basic function in life, it was presented to the American people through deliberate fraud (as is the case with most Democrat proposals). I suppose it would be possible for defenders of the Abominable Care Act to dismiss the fraud by saying that most Americans didn’t believe the lies anyway, but I opposition to the law would certainly have been even greater if the most gullible among us had at least been told the truth. In either case the ACA has failed to solve a single one of the problems it was supposed to fix, and in fact has made most of them even worse. Why would we not repeal this insanely bad law?

It says a lot about Barack Obama as well as the Democrat Party that the crowning achievement of their eight years in control of the White House is a failed program perpetrated on the American people through fraud by people that hold them in utter contempt. One of the things it says is that we should expect the same fraud and contempt to be a part of everything they say or do, and that nothing they try to sell us can be trusted. For instance, when the President tells us about his plans for executive amnesty and how it will make America safer and more prosperous, think Jonathan Gruber.

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Another Video Of Gruber Calling Americans Stupid

Another Video Of Gruber Calling Americans StupidFox News’ Megyn Kelly aired more unearthed video of Obamacare architect Jonathan Gruber saying that “the American voters are too stupid to understand the difference” on the language of the law.

Gruber said last year that a “lack of transparency” and “the stupidity of the American voter” helped the law get passed.

They didn’t fool the American Public. Only the stupid low information voters who still support this crap sandwich.

We got to pass it to see what’s in it… sort of like a stool test!

Fox News’ Megyn Kelly tonight aired more unearthed video of Obamacare architect Jonathan Gruber saying that “the American voters are too stupid to understand the difference” on the language of the law.

Gruber had said last year that a “lack of transparency” and “the stupidity of the American voter” helped the law get passed. Gruber admitted today that was inappropriate and insisted it was just an off-the-cuff mistake.

Kelly teed up the new clip (a five-second soundbite during a speech Gruber gave last year) by saying he was explaining how Democrats “played with the language of the Obamacare law.”

She then played the video, in which Gruber was talking about getting the law passed, and then said, “The American voters are too stupid the understand the difference.”

 

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