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The funds have been drained out of this country by the Iraq war, along with its consequences such as the high price of crude oil. No one dares say this. To be politically correct we have to blame it on the housing market. The housing market is a symptom, not the cause. The winner [...]  Unfortunately Osama seems to have won, or one could say, we handed him the victory. The US defeated the Soviet Union not militarily, but economically. With the trillions spent uselessly in Iraq, the US housing market and the US dollar are collapsing along with the US economy, which is no longer sustainable. |
U.S. college debt, nearly $1 trillion, is larger than housing or credit card debt. US healthcare worst, and most expensive.
Infections kill 100,000 patients in hospitals and other clinics in the U.S. every year. Japan’s health-insurance system covers everybody, including illegal aliens. It pays for physical, mental, dental, and long-term care. Japanese are the world’s most prodigious consumers of medical care; they see the doctor about 15 times per year, three times the U.S. norm. They get twice as many prescriptions per capita and three times as many MRI scans. The average hospital stay is 20 nights—four times the U.S. average. Cost: And yet Japan produces all that high-quality care at bargain-basement prices. The aging nation spends about $3,500 per person on health care each year; America burns through $7,400 per person and still leaves millions without coverage. Canadians live three years longer and are healthier than Americans, and the lack of universal health care in the United States may be a factor, researchers say.
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