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A comment on Why is the stock market rallying when the economy is so bad?. Parent comment
Your number likely includes State, Regional, and Local spending (which was presumably excluded for all nations in my numbers).
Even with the 33% figure, for the US to make up the ~15% difference would require ~3 Trillion in annual spending.
The existence of Social Healthcare programs in those countries is a huge chunk of the difference, I'm sure.
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Your number likely includes State, Regional, and Local spending (which was presumably excluded for all nations in my numbers).
Even with the 33% figure, for the US to make up the ~15% difference would require ~3 Trillion in annual spending.
The existence of Social Healthcare programs in those countries is a huge chunk of the difference, I'm sure.