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A comment on Sneaky deals are keeping cheaper generic medicines off the market. Parent comment

Re:Sneaky deals are keeping cheaper generic medicines off th... by kgwgk on Saturday June 29, 2019 @03:03PM (#20314172)
Average compensation for US specialists is [2006 data] $230k (5.7x per capita GDP), for German specialists is $77k (2.7x per capita GDP). If you force US doctors to give you discounts to German levels you'll save another hundred billion dollars at least...
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Re:Sneaky deals are keeping cheaper generic medicines off th... by deogeo on Saturday June 29, 2019 @08:15PM (#20315651)
Don't think German specialists have it so bad - medical school in Germany costs almost nothing, housing and rent cost much less, as does health insurance.
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Re:Sneaky deals are keeping cheaper generic medicines off th... by jtbayly on Saturday June 29, 2019 @10:10PM (#20315960)
> as does health insurance

Hmm.... I'm getting that same spidy-sense feeling I got the first time I learned about recursive functions. :)

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Re:Sneaky deals are keeping cheaper generic medicines off th... by kgwgk on Sunday June 30, 2019 @05:51AM (#20317329)
> In the United States, households on average spend 19% of their gross adjusted disposable income on keeping a roof over their heads, below the OECD average of 20%.

For Germany it’s 20%, in line with the OECD average (and the average number of rooms per person is 1.8, compared to 2.4 for the US).

http://www.oecdbetterlifeindex.org/topics/housing/

So adjusting for average income housing costs about the same, and adjusting for average income US doctors make more than twice as much as German doctors. How many years of income do you think a doctor needs to buy a median house in the US and Germany? If you think the number is lower in Germany I’d like to see your numbers.

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Re:Sneaky deals are keeping cheaper generic medicines off th... by deogeo on Sunday June 30, 2019 @08:51AM (#20317932)
As I said, housing is cheaper in Germany - they spend about the same % on housing, but that's out of a smaller income.
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Re:Sneaky deals are keeping cheaper generic medicines off th... by kgwgk on Sunday June 30, 2019 @09:16AM (#20318033)
Ok, so they “don’t have it so bad” because even though they make much less money housing costs a bit less. Understood.

(Just in case: the relevant comparison here was US doctors vs. German doctors, not German doctors vs. German non-doctors.)

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