Labor Secretary Tom Perez, one of the more ideological and also annoying members of the Obama administration, attacked Ronald Reagan for his prediction that Medicare would lead to socialized medicine and, indeed, socialism.
Here’s some of what Reagan said.
Now, I know everyone likes their Medicare. But Reagan had it absolutely right.
With health insurers now effectively government utilities whose business practices are dictated by Uncle Sam, and with everyone required to have insurance, we are well down the road to socialized medicine. As Obamacare becomes increasingly unworkable and Medicaid expands, the Left will begin increasing the pressure to simply move toward a single-payer, government-run system.
Also, BTW, Medicare is broke and will require sweeping changes or massive tax increases to save it.
And with half of all Americans receiving government benefits today, we already are living under a form of socialism. Perez, of course, wouldn’t recognize it, because for him government control of the means of production is market capitalism.
But Reagan understood, and events are proving him right, not wrong.