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I find it slightly hilarious that Germany, Austria, and others are not on this list. It just feels pretty cherry picked and I'd like to see more data for the EU
by bwb 6y ago
I find it slightly hilarious that Germany, Austria, and others are not on this list. It just feels pretty cherry picked and I'd like to see more data for the EU average and all the countries (esp eastern block).
GDP is also interesting as a metric, because you can inflate it by having a terrible and inefficient health care system. If health care takes an extra 8% of your entire GDP, what value is that bringing if the results are so much lower than a country that has a system that saves that 8% points?
Italy is a giant dysfunctional mess, no question there.
France, I have a lot of questions about the work they have done to try to insulate their workforce from globalization. Some of that is showing cracks, some isn't. If the USA had done more to insulate the poor and middle class from the impact of globalization would our GDP be lower or higher? Something I've been thinking about. Especially as we finally consider measures to help people weather the storm as the economic system raises everyone up globally...