There is uneven distribution with the lower 50% of the population ones less than 10% of US wealth. And the difference is getting larger. And that of course skews gdppc.
Wrong. US isn't even in the top 10
Wrong, Average America spends almost 50% more on health care than other OECD countries with lower results to show for it.
It makes perfect sense that quality is measure by life expectancy not by revenue. Health care is a right and it's job is to make the population healthier and the US health care is not doing its primary job.
It's not best when you use metric that counts, such as quality of life, life expectancy, childhood mortality. In many parts of the US, childhood mortality rivals third world countries. That's a failure of the medical system.
The cost is enormous for such bad results. Giving birth can cost up to 80k. People flock to Canada to buy drugs which are often times 3 times cheaper for the same drug. So many Americans were coming over the border that Canada had to thing about not selling to them since they were taking up Canadian supply.
No, it's supply and demand and there is a lack of supply so companies are demanding more cost. It's pricing gauging.
