Big Pharma and Socialism

Watching this (the Medicare update video) PBS report really makes me take seriously the arguments of Libertarians for small government (or at least no public Medicare). I doubt that any of this would be possible if the American electorate wasn't soo ignorant. But since I sincerely doubt that the electorate will become more educated maybe the "hands-off" approach would be better since it's unrealistic to believe the politicians and corporations won't take advantage of the situation.

Or maybe this is just another case of the old proverb, "a fool and his money are soon parted." Even if the government wasn't [effectively] stealing and misspending their money they'd probably get swindled out of it anyways. I guess the lesson is you can't solve the ignorance problem with government or markets.