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Interesting that you mention that. Relative to the size of its wealth, the U.S. spends a disproportionate amount on health care. Even as a high income country, the U.S. spends more per person on health than comparable countries. Total health expenditures per capita, U.S. dollars, PPP adjusted, 2016 [1]: United States: $10,348 Switzerland: $7,919 Germany: $5,550 Netherlands: $5,385 Austria: $5,227 Belgium: $4,839 France: $4,600 United Kingdom: $4,192 See [2] for a breakdown by country of government/compulsory healthcare spending as a percentage of GDP: https://imgur.com/a/BzaVX6w. The U.S. comes out on top, by far. Has it ever occurred to you that maybe the problems with U.S. healthcare won't be solved by pouring more money into it, but rather by addressing systemic issues with the way it works? Regarding education: The United States spends more than other developed nations on its students' education each year... Spending, of course, only tells part of the story and does not guarantee students' success. The United States routinely trails its rival countries in performances on international exams despite being among the heaviest spenders on education... The average first-year high school teacher in the United States earns about $38,000. OECD nations pay their comparable educators just more than $31,000... Among all educators, U.S. payrolls are competitive. The average high school teacher in the United States earns about $53,000, well above the average of $45,500 among all OECD nations. [3] The United States spent $12,300 per FTE student at the elementary/secondary level, which was 29 percent higher than the average of $9,600 for OECD member countries reporting data... At the postsecondary level, total government and private expenditures on education institutions as a percentage of GDP by the United States (2.7 percent) were higher than the OECD average (1.6 percent) and were higher than those of all other OECD countries reporting data. [4] Again, has it ever occurred to you that maybe the problems with U.S. education won't be solved by pouring more money into it, but rather by addressing systemic issues with the way it works? [1] https://www.healthsystemtracker.org/chart-collection/health-... [2] https://data.oecd.org/healthres/health-spending.htm [3] https://www.cbsnews.com/news/us-education-spending-tops-glob... [4] https://nces.ed.gov/programs/coe/indicator_cmd.asp |
Education in the US suffers from a similar problem because of its patchwork and variable system of state and federal funding, much of which was specifically designed to disadvantage the poor and minorities.
All your data points show is that privatizing and applying inconsistent distribution regimes to what should be public goods makes them more costly, less efficient, and produce worse outcomes in aggregate.