Comment by pembrook
11 hours ago
This has nothing to do with it.
The US also has public pensions (social security payouts rival or beat many EU countries) with dramatically better tax free private options on top.
Also, the US has free healthcare (Medicare and Medicaid) for roughly 50% of its population.
Expanding that to 100% doesn’t suddenly make them a bad country to do business in.
You think OpenAI is going to close up shop and move to Mexico if the US expands single payer healthcare? That would actually make it even easier for businesses to operate in the US!
Social Security and Medicare are vastly inferior to their European counterparts. Medicaid is an absolute disaster and a large number of doctors and health facilities will not even accept it.
Not true in the case of average social security payouts. But again, this argument is a total derailing of this thread and addresses none of my points.
Explain to me how expanding US single payer healthcare suddenly makes the US a worse place to do business in than Europe?
Companies would love not having to deal with the complexities of 401ks and employer health plans.