Re: American health costs as GDP percentage are bogus

Michael Coburn 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.




Military spending is only 7.5% of GDP. It also has a remarkably high
level of return to the general economy - it "creates" highly
middle-class jobs.

--
Les Cargill
.

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