Healthcare Spending and Relative Performance Ranking by Country (Graph)

I am wondering if many people understand that we spend twice as much on healthcare as most industrialized countries. At the same time, our world ranking in healthcare delivery is poor.

It might be interesting to note that the profits of healthcare insurance companies rose by more than 400 percent in the period 2000-2007.

During the same period, the number of people without healthcare insurance, and the cost of healthcare insurance was rising fast.

It also surprises me when I see people arguing on television that they prefer the status quo.



All information is taking from 2005 OECD data unless otherwise noted.
*2000, 2003-2005 World Health Organization Data. **2004 OECD data.
Source: Organization for Economic Cooperation and Development, World Health Organization
Analysis by PricewaterhouseCoopers’ Heath Research Institute

Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments.

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Total Consumer Credit Outstanding Continues to Drop (Graph)

As you can see from the graph, Total Consumer Credit Outstanding Continues to Drop. This is an unusual pattern. After nine months down, we are now back to a level last seen during December, 2007.

If the trend continues at this pace, it will have a negative impact on GDP in the months ahead. This will certainly have an impact on future economic forecasts, consumption, and consumer spending.

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