I'm not saying the healthcare system is great or anything (I generally agree with "pathetic broken mess"), but it's not making its investors particularly rich. Most of the excess cost is getting spread out within the system itself and never makes it through the other end. If you want to blame doctors, nurses, admins and suppliers that's arguably a better place to start.
We were one congressional vote away from a public option for healthcare. Let's not pretend it isn't explicitly one party obstinately refusing to do anything on healthcare and dozens of other issues. The answer isn't to scare our elected reps into doing what is right. It's to stop voting for Republicans.
> We pay taxes so the government can pay to subsidize these healthcare corps that just serve to funnel money to its already rich shareholders.
Americans are about 4% of people but gets 25% of world GDP. There's 333 Mega Americans, with 8 GigaPeople in the world. Most Americans are doing just fine financially in comparison to the rest of the world.
To make things fair, then the wealth of the richest US citizens (about 55% of equity ownership by value[1]) should to be spread to the rest of the world, not spread to other Americans by US taxation changes.
I'm from New Zealand. Our ownership of US shares is likely reasonably fair. NZ has three billionaires[3] (not one inherited their wealth). We are still a relatively wealthy country, but our median income is about 60% of the US median income. I'm not sure what % of NZers would be classified as in poverty by US standards.
40% of US equities are owned by foreigners. If we assume rich foreigners use Cayman Islands and Luxembourg for their ownership, then from [2] a third of that 40% is rich foreigners. Probably better to assume wealth distribution is similar to US so 55% of that 40% is wealthy foreigners.
Nice citations. Finish your thought. What's your point?
Do you honestly think the average American lives better than the average Kiwi? That is an adorable thought lol.
Check out the latest Channel 5 documentary to see how many Americans live. We have some mega-wealthy people but also have extreme poverty and even our middle class often does not have health insurance.
We pay taxes so the government can pay to subsidize these healthcare corps that just serve to funnel money to its already rich shareholders.
Healthcare is a pathetic broken mess and it will never get better.