“You Americans are so strange. Most countries have socialised healthcare and a private market in mortgages. You have socialised mortgages and a private market in healthcare.” — former Governor of the Bank of England, Mervyn King netinterest.substack.com/p/financing-th ht
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‘So rather than operate a nationalised bank like in China, say, the US operates an indirect scheme of credit facilitation, but the end-result is similar. She writes, “the point is not to be laissez-faire so much as to profess a commitment to laissez-faire.”’
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I have my concerns with socialized healthcare yet no lies told in the above
In the US we aren't taxed on mortgage interest. We still pay mortgage & interest. Which is a pretty small subsidy relative to total paid.
But in socialized healthcare, patients pay a tiny fraction of the total cost of healthcare.
These don't seem comparable to me.
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