Re: American health costs as GDP percentage are bogus
- From: AZDuffman <srduffy1126@xxxxxxxxx>
- Date: Thu, 17 Sep 2009 12:09:02 -0700 (PDT)
On Sep 17, 2:26 pm, Michael Coburn <mik...@xxxxxxxxxxx> wrote:
If we were to examine the American GDP as compared to France or Germany
or Japan we would find that the American GDP is full of military expense
that the other countries do not suffer. And this additional expense
SWELLS the American per capita GDP to make it much larger than it will
have been in the more "sane" nations on the planet. So when we compare
American Medical costs with other nations using percentage of GDP we are
not comparing apples to apples. In order to compare apples to apples in
regard to the productive economy and social welfare we must remove the
GDP bloat that results for American military spending. If that is done
then we have a more accurate apples to apples comparison. And in that
comparison we see that American health care costs as a percentage of the
productive economy are much higher then that which is implied by current
GDP comparisons.
We might have the military, but those other countries are suffering
high-tax economies with less ROI. Military spending gives spinnoffs
from frozen concentrated OJ to the internet itself.
If we want to lower health care spending we need to drop Obamacare and
get to a system of high-deductible insurance coupled with Health
Savings Accounts.
.
- References:
- American health costs as GDP percentage are bogus
- From: Michael Coburn
- American health costs as GDP percentage are bogus
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