Quote:
Originally posted by Not Me
Do you really think that about health care? The rest of the world by and large gets to free ride off the medical innovations that are developed in the US because the companies are willing to invest R&D because of the return on their investments that they can get in a capitalist system. Take capitalism out of the US healthcare system and significantly reduce the profits that can be earned and medical innovation will come to a screeching halt.
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This is the beauty of the "Buy Canadian" movement in drugs. What will eventually happen isn't a meaningful reduction in our prices, but a boost in Canadian prices. Our prices will go down somewhat, eventually, simply because of the resultant price boost elsewhere, but they will make those profits somewhere.