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Not just healthcare, the US outspends everyone at everything: infrastructure, education, defense, research, police, housing, prisons, etc. both in relative(by
by Rinzler89 3y ago
Not just healthcare, the US outspends everyone at everything: infrastructure, education, defense, research, police, housing, prisons, etc. both in relative(by % GDP) and in absolute numbers.
It does so because it can. It's the wealthiest country on Earth so such high inefficiencies where a lot of the money is squandered to the benefit of few wealthy and unscrupulous parties, can be financially absorbed while still delivering a system that's functional enough for its citizens to not revolt over and want to hang someone. After all, it's still better than scary communism.
- joncrocks 3y agoHow can it outspend everyone in everything using relative numbers? Everyone has the same 100%, just distributed differently.
- Rinzler89 3y agoRelative meaning as a percentage of each country's respective GDP. I edited now to make it more clear.
- smeej 3y agoI don't see how this solves the problem? If Country A is spending 10% of it's GDP on 10 things, Country B cannot possibly outspend it in every category as a percentage of their respective GDPs, because "percentage of GDP" is always a 100-point scale. If you go up one percent in one category, you have to go down one percent somewhere in the other categories.
- ysavir 3y agoDon't forget that us Americans pay 120% of what we should be paying, so there are extra percent points to go around.