Kasz216 on 24 April 2009
| akuma587 said: Which markets are you referring to? Comparing private schools to public schools is an inherently futile process since private schools have to deal with so much less, although there is plenty of room for public schools to improve. And state governments share the largest share of the blame. National defense is the only area I can think of where the government has been truly wasteful in recent years. That and farm subsidies. I am certainly for entitlement reform though. It is going to take a lot of work to get those in line. Cutting benefits, raising the eligible age, raising payroll taxes, etc. |
Healthcare... actually.
Medicaid & Medicare accounts for 45% of healthcare costs in the US.
In 2002 it was 6.6% of GDP vs Private healthcares 8.1% of GDP.
Despite the fact that it covered even less people then it does today. (Something like 16% of the insured population.)
http://www.iedm.org/uploaded/pdf/juin05_en.pdf
