State run Industries?

Look at China. Steel,cement, and electricity, among others, are state run.

Regarding health care, take a look at Canada and Europe. Almost all the western democracies have universal care, longer life expectancies than the US, and *much* lower costs. Why? Because universal health delivers much better preventative care.

The fact is that in the USA we pay nearly *twice* what Europeans pay for health care, and we have both higher infant mortality and lower life expectancy than most European countries. In the table below, im = infant mortality and L = life expectancy. See http://www.infoplease.com/ipa/A0004393.html for infant mortality and life expectancy; see http://www.oecd.org/dataoecd/46/33/38979719.pdf for costs.

United States -- im= 6.4, L= 78.0, cost $7290, 16.0% of GDP

Canada --------- im= 4.6, L= 80.3, cost $3895, 10.1% of GDP

Austria -------- im= 4.5, L= 79.2, cost $3763, 10.1% of GDP

United Kingdom -- im= 5.0, L= 78.7, cost $2992, 8.4% of GDP

Denmark ------ im= 4.5, L= 78.0, cost $3362, 10.4% of GDP

Finland ------- im= 3.5, L= 78.7, cost $2840, 8.2% of GDP

France -------- im= 4.2, L= 79.9, cost $4763, 11.0% of GDP

Germany ------ im= 4.1, L= 79.0, cost $3527, 10.4% of GDP

Greece -------- im= 5.3, L= 79.4, cost $2727, 9.6% of GDP

Italy ----------- im= 5.7, L= 79.9, cost $2686, 8.7% of GDP

Norway ------- im= 3.6, L= 79.7, cost $4763, 8.9% of GDP

Spain --------- im= 4.3, L= 79.8, cost $2671, 8.5% of GDP

Sweden ------- im= 2.8, L= 80.6, cost $3323, 9.1% of GDP

Switzerland --- im= 4.3, L= 80.6, cost $4417, 10.8% of GDP

USA has 36 days longer life expectancy than these two countries!

Ireland ------- im= 5.2, L= 77.9, cost $3424, 7.6% of GDP

Portugal ----- im= 4.9, L= 77.9, cost $2150, 9.9% of GDP

According to David Frum (special assistant to president, 2001-2), between 2000 and 2007, the cost of the average insurance policy for a family of four doubled. See http://www.frumforum.com/the-bush-economic-record-... In this question I show a back-of-the envelope estimate of the cost of maintaining the status quo http://answers.yahoo.com/question/index;_ylt=AirVV... We can't afford to maintain the status quo, but if we did it would cost $8 to $9 trillion spread over the next 10 years. John McCain agrees the current system is failing: http://www.protectpatientsnow.org/site/c.8oIDJLNnH...

Some folks blame our high costs on malpractice insurance. But the numbers don't support that. A recent CBO estimate http://cbo.gov/ftpdocs/106xx/doc10641/10-09-Tort_R... says malpractice reform might save half a percent of expenditures. Another estimate: including legal fees, insurance costs, and payouts, the cost of the suits comes to less than 1.5 percent of health-care spending. See http://www.insurance-reform.org/pr/AIRhealthcosts.... and http://makethemaccountable.com/myth/RisingCostOfMe... Along those lines, it's interesting to note that a number of states already have "caps and tort reform" yet the insurance companies have not lowered the cost of malpractice insurance in those states. Finally, most malpractice cases occur in state court where the Federal government has no juristiction. See http://andrewsullivan.theatlantic.com/the_daily_di...

If you're still with me, all this data begs the question "how is it possible that universal care can lead to lower overall costs?" The short answer is preventative care. Going in for regular doctor visits catches many diseases in their early stages before treatment gets expensive. Our system cause many people to forgo preventative care and wind up in the emergency room, where care is most expensive but costs can be shifted to the society at large.

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Even IF it's actual that General Motors purposefully designed vehicles in order that they could holiday down after three years as one answerer to this nation claimed; the purchaser nonetheless could have a proper to position that phrase out and arrange a boycott of the enterprise; after which they could both difference their methods or pass kaput. That IS the shoppers strolling the exhibit and that IS capitalism. No, it's NOT difference I think in. And the poster who mentioned there could be no difference if the state runs a trade is a idiot. There's ALREADY BEEN alterations in GM!!

The Federal Reserve is a government run entity that actually does make a profit.