Re:High-quality schools can increase academic achievement am...
by noir-york on Thursday May 31, 2018 @04:47AM
(#17194927)
So where is all the money going? The UK has a (diminshed) NHS and spends less as a % of GDP.
I suspect that a big part of it is that money is being wasted (the Fed.Gov cannot negotiate drug prices!), and not reaching the intended beneficiaries. My perception is that there is an industrial-welfare complex that diverts the money.
https://i.imgur.com/JQfZ5vi.png
Inflation adjusted per capita income transfers have roughly doubled since 1990, from ~$4,400 to ~$8,600 in 2016.