You are unfortunately misinformed. The countries "across the pond" with the highest provisions to government-sponsored, "socialized" medicine are not the ones in crisis. It was unethical business in housing which put countries into the sewer.http://theweek.com/article/index/202821/europes-collapse-so-much-for-socialized-medicinehttp://iuwest.wordpress.com/2010/07/30/what-caused-the-greek-financial-crisis/
Health care is not the problem. It is a symptom. If anything, it's that European countries are providing care DESPITE being surrounded by economic collapse (which, I think may have been caused by our Wall Street). This is the success our "liberals" have learned from.
Honestly, to have such a closed, misinformed opinion such as yours is to cover your eyes and plug your ears. To not take the minute, the iota of effort involved in searching the web for information and fact, to instead rely on here-say and opinion, is democratically lazy.
The point the President is making is pure and simple. In what world can someone believe it is right to hold up benefits for 97% of the country while our government quibbles over the 3% who don't need the help (and who have GOTTEN the help, and not done a thing with it in return)? Such nonsense isn't democratic, it's not even Republican, it is simply anti-Obama. He who puts the politics of presidential election before the common (97% !!!) good does not understand the heart and soul of being American.