Bernie manages to pack quite a lot into one statement…
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If government is the main buyer for prescription drugs, then prices will go down… just like prices go down at the Pentagon!
References:
Here’s a report from the lefty magazine “Mother Jones” on the wastefulness of military spending. The same magazine also promotes the idea that prescription drugs would be cheaper IF ONLY government were the sole buyer for them. So much for consistency…
“Should the Government Use Its Monopsony Power to Reduce the Price of Drugs?” by Gary Becker and Richard Posner (Monopsony: a market structure in which only one buyer interacts with many would-be sellers of a particular product)
Wikipedia on Reagan’s Packard Commission
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In one breath, they mock anyone who thinks that Bernie is a “classic” socialist. In the next breath they celebrate the (dubious) successes* of the public take-over of industry.
It looks like somebody needs a dictionary.
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Social Security
Insolvent and teetering on the verge of bankruptcy. Essentially a massive Ponzi scheme.
Medicare / Medicaid
—Insolvent and teetering on the verge of bankruptcy. So overburdened with bureaucracy that doctors routinely limit these patients to minimize red tape and maintain profitability.
Prisons
—Over-populated racist hellholes … an inevitable result of the government’s ill-conceived failed “war on drugs.”
Police
—Notoriously out of control, over-militarized, brutal civil rights abusers.
Military
—A corrupt and expensive acquisitions process on one end, with the VA on the other — serving as a useful example of some of what can go wrong when government runs healthcare. In the middle, an infamous stonghold of insanity, if useful for politicians seeking to kill lots of people quickly. (SEE CATCH 22)
Public Education
—A widely acknowledged failure, excelling mainly in the production of ill-informed, unskilled, brainwashed dullards.
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5 Ways America Is Already Socialist
Socialism. Seems Like a Scary Word…
“Local Moralist Doing His Part to End Income Inequality”
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