‘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
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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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That is the whole point, isn't it? That bad luck doesn't ruin your live for ever? At the end of the day, it comes out way cheaper for the whole country
End of conversation
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