Union Yes
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Sat Feb-13-10 05:45 PM
Original message |
If our national debt eating 10% of our GDP is scary in any way then.. |
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the fact that health care eats 17.5% of our GDP should evoke outright horror.
If you ever encounter anyone who is alarmed by our debt consuming 10% of our GDP, then remind them that health care that few can afford eats 17.5% of our GDP.
Those who's reckless fiscal policies that ran us into a national debt nightmare to the tune of $12+ TRILLION, The GOP, are now attempting to sound an alarm on our national debt and deficit spending.
So if The GOP is going to act all alarmy and stuff..
If they're alarmed by 10% of our GDP being consumed by our deficits and debt, then they should be horrified by the fact that health care consumes 17.5%. Further proof of how wrong the GOP is on the issue.
By 2020, healthcare will consume more than 20% of our GDP.
$1 of every $5 spent by every one of us will be spent on the cost of American for-profit health care, if we don't change.
Peace
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Alias Dictus Tyrant
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Sat Feb-13-10 05:57 PM
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1. Not to pick nits, but at least we get something for the 17.5% |
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The 10% debt service is just getting flushed down the toilet. Cancer cures and cardiovascular procedures aren't nothing, even if they are expensive.
I'd also point out that medical care costs are going up at roughly the same rate globally, though we are starting from a much higher baseline. The rate of growth is expected since there is more medical care to buy. Every year US biomedical research invents new gadgets and procedures that money can be spent on for which there was no option before; that is also why survival rates for diseases and medical procedures increase every year.
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Sat May 04th 2024, 06:43 AM
Response to Original message |