Socialized medicine lacks innovation and relies on US developments

Washington Free Beacon:
Europe Free Riding on American Drug Innovation, Congressmen Warn Trump

Letter calls for strong trade response as Macron, Merkel visit America
This is also true of the Canadian and British systems.  These rationed healthcare systems are constantly fighting a losing battle to deliver "free healthcare" which requires rationing of treatments and leaves no money for research and development.  If the US did the same thing the world would have fewer new treatments for disease.

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