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We do have socialized medicine for some people—it's called Medicaid. What we're seeing isn't a flaw of Medicaid, but a deliberate (and successful effort) to dismantle it made possible the degree to which Republicans control the state and federal governments. I'm not sure why you're talking about expanding the very thing we're politically unable to sustain as if it's a way to sidestep the problem.
So we have inadequate socialized medicine in this country.
The arguments are pretty spot on (with plenty of exceptions, e.g. efforts to privatize healthcare in each country; but we're generalizing here), not so much the conclusion:
Unsustainable: US healthcare for profit. Evidence: Most expensive healthcare in the world with average or worse results.
Sustainable: Universal healthcare for everyone. Evidence: Every other country in North America, Europe, Australia, parts of Africa and South America.
I meant "sustain" in a political sense. We're not going to be able to expand a system that Republicans are successfully destroying, nor are we going to be able to enact something better. Things are just gonna keep getting worse in red states until they've had enough (which may be never). The best we can do at the federal level right now is to prevent Republicans from sabotaging blue states.