Romney a Fan of ... Israel's Socialized Health Care Mitt praises health care system at fundraiser By Evann Gastaldo, Newser Staff Posted Jul 30, 2012 12:15 PM CDT 137 comments Comments US Republican presidential candidate Mitt Romney meets Israel's President Shimon Peres, not pictured, at the President's residence in Jerusalem, Sunday, July 29, 2012. (AP Photo/Ronen Zvulun, Pool) (Newser) – Mitt Romney simply cannot wait to repeal ObamaCare, but he is a fan of Israel's health care system … which has been socialized since its founding in 1948, BuzzFeed points out. During his visit to the country, Romney today praised Israel for spending so little on health care: "Do you realize what health care spending is as a percentage of the GDP in Israel? Eight percent," Romney said at a fundraiser. "You spend 8% of GDP on health care. You're a pretty healthy nation. We spend 18% of our GDP on health care. Ten percentage points more. … Our gap with Israel is 10 points of GDP. We have to find ways—not just to provide health care to more people, but to find ways to find and manage our health care costs." Click for more on how Israel's system works, or more on Romney's adventures in the Middle East.