1) Healthcare spending in all countries tracks income.
— Jeremy Kauffman (@jeremykauffman) December 11, 2024
The richer a country is, the more they spend on health care.
The US is the richest country in the world, and it spends the most on healthcare.
(It's important to use real income for this analysis, not GDP) pic.twitter.com/TikD3xjZiW
3) The evidence that US healthcare is uniquely expensive is weak.
— Jeremy Kauffman (@jeremykauffman) December 11, 2024
All goods cost more in richer countries. In richer countries, human time is more valuable.
Does healthcare in the US cost more? Yes, but not in any way that wouldn't be predicted by its wealth. pic.twitter.com/TzAKGkoSu2
5) Profit margins and compensation in healthcare aren't high.
— Jeremy Kauffman (@jeremykauffman) December 11, 2024
Healthcare in the US is not especially profitable compared to other sectors.
Nor is there anything out-of-line with how US providers are compensated (again, relative to US wealth). pic.twitter.com/PDSF4IyRzx
7) The US is uniquely drug-addicted, violent, and fat.
— Jeremy Kauffman (@jeremykauffman) December 11, 2024
The US has shorter life expectancy due to the behavioral choices of its residents.
Money alone can't solve obesity or a gunshot. pic.twitter.com/KhW5iZGPqQ
All of the above graphs and data come from @rcafdm, an anonymous economics blogger who is absolutely brilliant.
— Jeremy Kauffman (@jeremykauffman) December 11, 2024
His blog is somewhat dead, and he's not that active on X.
Maybe current events and DOGE could encourage him to return.*****rJI91F7tD1
