Re: American health costs as GDP percentage are bogus



Michael Coburn wrote:
On Thu, 17 Sep 2009 19:09:59 -0400, Les Cargill wrote:

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.

So lets dig some holes and fill em back up.


Now you are starting to sound like Reagan.

--
Les Cargill
.



Relevant Pages

  • American health costs as GDP percentage are bogus
    ... If we were to examine the American GDP as compared to France or Germany ... So when we compare ... not comparing apples to apples. ...
    (sci.econ)
  • Re: American health costs as GDP percentage are bogus
    ... 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. ...
    (sci.econ)
  • Re: American health costs as GDP percentage are bogus
    ... expense SWELLS the American per capita GDP to make it much larger than ... we compare American Medical costs with other nations using percentage ... of GDP we are not comparing apples to apples. ...
    (sci.econ)
  • Re: American health costs as GDP percentage are bogus
    ... that the other countries do not suffer. ... SWELLS the American per capita GDP to make it much larger than it will ... not comparing apples to apples. ...
    (sci.econ)
  • Re: American health costs as GDP percentage are bogus
    ... The word suffer is stupid in this context. ... The United States spends 4.06% of its GDP on its military, ... using percentage of GDP we are not comparing apples to apples. ... results for American military spending. ...
    (sci.econ)