Obama On '60 Minutes': Midterms 'A Referendum On The Economy'

This is where the ig.norance took over all reasoned discussion last year.  
Single payer universal health care would NOT put Big Insurance & PhRma out of business.   

If we went to single payer universal coverage, there would be a two-tiered system: Basic coverage for everyone and boutique coverage for those willing to pay for it. So you don't have to worry about poor Big Insurance & Big Pharma -- There would be work for all. Big Insurance & Big Pharma would just have to make smarter gambles, with no taxpayer bailouts.
Read the Article at HuffingtonPost