Sigh!!! A day in the Life for an American Vassal. Laaalaaala, laaaalaaaala, lalalaaaaa!
Chinese Economics Thread
- Thread starter Norfolk
- Start date
"So many"
E x a c t l y
the New Empire of the Romans (1839/46/1945-) is undoubtedly the largest and deadliest empire the face of the earth has ever seen
TiglatPileser III ...
... TutMoses III ...
... they were small-scale amateurs
E x a c t l y
the New Empire of the Romans (1839/46/1945-) is undoubtedly the largest and deadliest empire the face of the earth has ever seen
TiglatPileser III ...
... TutMoses III ...
... they were small-scale amateurs
What about drugs? $907 per year just doesn't seem to cover it... and no, I'm not talking about "healthcare" drugs
I eat it if it's free at a party or something. I don't ever buy it on my own.
Turns out most of spending is on required things like housing, healthcare, transport and education. Discretionary spending is low.
US retail sales is only $566 billion.
German retail sales for less than 1/3 the population are equal size at 525 billion Euros.
Chinese retail sales are at $644 billion but that's at Chinese prices.
Do you have a source for that? Or its not true.
If you go through his link, you'll get that housing eats 34.9% of the revenue; ~8.6% goes into transportation (excluded the vehicle purchases); ~3.9% goes to food (counted only the "away from home" section); 11.8% for insurance and pension plans; 8.4% to healthcare (btw, ~71% of the expenditure is health insurance); ~6.5% for fees & admissions, cash contributions (whatever that is), education. So, around 82% of the money is spent on "services" (rent, transportation, etc.).
So Americans spend only roughly a quarter of their annual expenditure on shopping. Probably even less, since we have no disambiguation for "Miscellaneous", "Apparel and services", etc.
I don't see where it states DeStatis includes it and census doesn't. And what about NBS, what does that include?
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In the US elective surgery doesn't mean optional or not medically necessary, it only means that it can be scheduled. For example, cancer treatment is considered elective.
I don't know about you but I wouldn't consider cancer treatment to be optional.
Car ownership and home sizes are also determined by zoning laws, not for consumer preference. People don't drive in the US for fun, they drive because cities are zoned for car dependency. There's minimum lot sizes, maximum building heights and restrictions on lot subdivision too.
It's not really the consumers (patients) driving unnecessary tests or procedures.
It's the hospitals who fear getting sued if they miss something.
And the doctors who then order extra tests or hospital stays for the patient, just to be on the safe side.
If medical costs were reasonable, that wouldn't be so much of an issue.
But the costs are extortionate.
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