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“At today's prices for medicines, doctors and hospitals-if the latter are available at any price-only millionaires can afford to be hurt or sick and pay for it. Very few people want socialized medicine in the U.S. But pressure for it is going to appear with the same hurricane force as the demand for pollution control if the medicine men and hospital operators don't take soon some Draconian measures... At the present rate of doctor fees and hospital costs under Medicare and Medicaid plans [taxpayers] are shovelling in billions with nothing but escalation in sight.”

“People, materials, facilities, money, and time are the resources available to us for conducting our business. By applying our skills, we turn these resources into useful products and services. If we do a good job, customers pay us more for our products than the sum of our costs in producing and distributing them. This difference, our profit, represents the value we add to the resources we utilize.”

“The question of whether a device will come into being depends upon three things: first, whether there is a practical use for it that warrants its development and manufacturing costs; second, whether the laws of physics applying to the elements available for its design allow the attainment of the needed ranges, sensitivities, or the like; and third, whether the pertinent art of manufacture has advanced sufficiently to allow a useful embodiment to be built successfully.”

“You can't make people happy by law. If you said to a bunch of average people two hundred years ago "Would you be happy in a world where medical care is widely available, houses are clean, the world's music and sights and foods can be brought into your home at small cost, traveling even 100 miles is easy, childbirth is generally not fatal to mother or child, you don't have to die of dental abscesses and you don't have to do what the squire tells you" they'd think you were talking about the New Jerusalem and say "yes."”

“Treatment is not now available for almost half of those who would benefit from it. Yet we are willing to build more and more jails in which to isolate drug users even though at one-seventh the cost of building and maintaining jail space and pursuing, detaining, and prosecuting the drug user, we could subsidize commensurately effective medical care and psychological treatment.”

“Obamacare's not imploding. The main goal of Obamacare was two-fold. One was to cover the uninsured, of which we've covered 20 million, the largest expansion in American history. The other was to fix broken insurance markets where insurers could deny people insurance just because they were sick or they had been sick. Those have been fixed, and for the vast majority of Americans, costs in those markets have come down, thanks to the subsidies made available under Obamacare.”