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Secretary under president clinton. also the author of "the common good." thank you, both. mia, is the trump campaign right? democrats, socialists, same thing? >> well, i think -- well, we have to make -- they have to try and stay away from that. if that's what they want to do. let's remind people what socialism actually is. socialism is an economic system in which the ways of making a living, whether it's working through a factory, office, are actually owned by society and not by personal or private individuals. so if they're going to -- if they're going to move away from socialism, they need ...

Medicare for all. while it is a government run program, it is not an actual single payer system. they allow private companies to manage care which means the government is not the only one paying claims, they also have premiums that most seniors pay through their social security checks. most seniors that can afford to do so buy supplemental insurance coverage. under a singer payer system like the one that i talk a lot about in my home country ofcap d-- canada, it would be replaced by a government run insurance program. all u.s. residents would be

Socialist country. >> sam donaldson is a veteran journalist, and i want to bring him in to talk about all of this. thank you, mr. donaldson. i appreciate you coming on. >> i'm pleased you invited me, don. >> you heard the president there talking about socialism. is he laying out a line of attack that we're going to hear heading into 2020? >> it's too late. over half of americans are on socialist programs from the federal government. i'm on medicare. i'm an old guy, and medicaid. welfare programs, not just for the poor. for the rich. hey, how about a sugar subsidy to the ranchers and farmers, l...

Federal government. i'm on medicare. i'm an old guy. and medicaid, welfare programs not just for the poor, for the rich. hey, how about a sugar subsidy? to the ranchers and farmers, let's buy you some wheat since you can't sell it in the market. we are already on the way. and, don, in a few years, we're going to have a single-payer system, i think. the public is pushing toward it. unless you say, but that's socialism -- well, no, i don't want that. but i do want good medical care, and i want the government to pay for it. we're a socialist country already. >> so then there's a -- >> what does h...

Companies give to other countries. give us a portion. >> dana: that would be a change in policy the government would negotiate the prices for medicare? >> no we don't have to negotiate. these are deals that fparma companies strike with countries. we say if you choose voluntarily to sell a drug at a reduced price from we want the deal here also. >> dana: would you extend that beyond drugs to other things that people need. like hearing aides and other medical devices? >> well, i don't think it's necessary in other context this. is a unique part of the medicare program. it's really ran as a singl...