| Child mortality rates in the US 5.9 per 1000, In the UK 3.8. [1] > Two-thirds of people who file for bankruptcy cite medical issues as a key contributor to their financial downfall. [2] United Kingdom suicide rate per 100,000 7.5, United States 13.8 [3] United States Murder Rate per 100,000 5.35, United Kingdom 1.2 [4] More to life than money I guess, also your $17,000 is accounting for income distribution, at first glance that looks good but while our income distribution is pretty bad, the US is positively Dickensian. No jingoism intended here, we get a lot wrong and other countries straight up kick our arse (Spain's infant mortality rate is half ours at 2.0 for example amongst major European countries) but that just means we should be looking to improve. [1] https://data.oecd.org/healthstat/infant-mortality-rates.htm [2] https://www.cnbc.com/2019/02/11/this-is-the-real-reason-most... [3] https://data.oecd.org/healthstat/suicide-rates.htm#indicator... [4] https://en.wikipedia.org/wiki/List_of_countries_by_intention... |
As to income distribution: that’s the OECD’s estimate of the median household. So it’s not being skewed up by super-rich households.
As to bankruptcies, less than 0.5% of households file for bankruptcy in a given year.
As to homicide or suicide rate: again, that affects a tiny minority. Meanwhile, the much higher income affects 60-70% of the whole population.
The U.K. is a society where you’ve lowered the median to lift up the floor. That’s one way to do it. And I don’t even disagree with you that the US should do more in that regard. But if you support an expanded welfare state (and I do), it’s dishonest to sell that policy to people by pretending that the average person is going to be better off. Unless they place a very high value on security (avoiding low probability outcomes like medical bankruptcy) over material comfort, they’re going to be worse off.