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Wow, US gdp is “only” 20T, so at 6T almost a third of the economy would be healthcare. Checking your link it seems the warren campaign is aiming for 5T, which i
by Joeri 7y ago
Wow, US gdp is “only” 20T, so at 6T almost a third of the economy would be healthcare. Checking your link it seems the warren campaign is aiming for 5T, which is still a quarter. Already a fifth of the US economy is healthcare and that is absurdly higher than every other country, which typically don’t go over 10% of gdp.
- atombender 7y agoIn the UK, the NHS — which some people admittedly consider to be chronically underfunded — was about 7% of GDP [1] in 2018. Norway's is about 10.5% [2] (2016), and increasing by about 2% a year. [1] https://www.ifs.org.uk/uploads/R143.pdf#page=20 https://www.ifs.org.uk/uploads/R143.pdf#page=20 [2] https://www.ssb.no/nasjonalregnskap-og-konjunkturer/statistikker/helsesat/aar/2017-03-13 https://www.ssb.no/nasjonalregnskap-og-konjunkturer/statisti...