[Jim W N]

Without Medicare, most hospitals would find themselves in bankruptcy.

Gee, why weren't most hospitals bankrupt before 1965 when LBJ signed unconstitutional Medicare and started America down Hayek's Road to Serfdom?

[Brian Griffin]

“why weren’t most hospitals bankrupt before 1965”

They were a lot smaller and cheaper to run.

Hospital employees were generally poorly paid back then, closer to the minimum wage.

I read about a nurse making $180,000/year in San Francisco in article about California housing prices yesterday.

A comparable nurse might have made $3,200/year in 1965.