Re:Why we’ve decided to decommission Gov.uk PaaS
by mschuster91 on Tuesday July 12, 2022 @08:25AM
(#32068824)
Yeah, but how much of the value that this is based on is artificially inflated, either by outright bullshit such as HFT and other forms of "wealth" that are solely created out of numbers or to account for indirect bullshit such as absurd healthcare and rent costs that drive up wages and, indirectly, product prices?
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Re:Why we’ve decided to decommission Gov.uk PaaS
by andrekandre on Tuesday July 12, 2022 @08:49AM
(#32069097)
> artificially inflated
https://www.statista.com/statistics/184968/us-health-expendi...
Re:Why we’ve decided to decommission Gov.uk PaaS
by corrral on Tuesday July 12, 2022 @02:14PM
(#32073737)
Yup. My back-of-envelope from past looks at this is that 5-10% of US GDP is purely drag from excess healthcare costs, i.e. we'd collectively be better off and our economy (entrepreneurship, especially) healthier if that amount of our GDP simply vanished, even though it would mean lower GDP per capita.
There's a quote from Obama in an article from The Nation years ago, that basically says we can't fix our healthcare system properly because it would put too many (white-collar make-work jobs program participants, essentially, under our current system) people out of work.