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Americans and socialism (lemmy.ml)

submitted 1 day ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 14 hours ago (2 children)

The USA actually spends several billions, if not trillions on Medicare (meant for the old) and Medicaid (meant for the poor, and single mothers, and young children) combined.

In 2023, the federal government spent about $848.2 billion on Medicare, accounting for 14% of total federal spending.

source - and that's just Medicare.

I agree with you that it's weird that corporations get a bailout, instead of selling the company to competitors, but no need to act like the USA doesn't spend a TON of money on its citizens, keeping their head above water :)

[–] [email protected] 4 points 13 hours ago

SpenT

[–] [email protected] 4 points 14 hours ago

That's because the American healthcare system is infected with middle men parasites.