30 years of Reaganomics and establishment thinking from both sides of the aisle.
As I've said many times, human infrastructure is an important investment as well, and one which we've been neglecting.
https://bigthink.com/politics-current-a ... healthcareUSA ranked 27th in the world in education and healthcare—down from 6th in 1990
America continues to tread water in healthcare and education while other countries have enacted reforms to great effect.
SCOTTY HENDRICKS
03 October, 2018
The American healthcare and education systems are known to need some work, but a new study suggests we've fallen far in comparison to the rest of the world.
The findings show what progress, if any, 195 countries have made over the last twenty years
The study suggests that economic growth is tied to human capital, which gives a dire view of America's economic prospects.
The concept of human capital has only been around since the '50s but it's become an increasingly popular way of looking at the economic potential of countries. Typically defined as "the attributes of a population that, along with physical capital such as buildings, equipment, and other tangible assets, contribute to economic productivity" it includes things such as education levels, skill sets, and other intangible items that foster economic growth.
While we already know that a countries' average education level is associated with its economic growth, a recent study looking into the growth of human capital around the world over the last 26 years has included healthcare outcomes to the mix. While it was created to help motivate lower and middle income countries to increase their human capital investment, it offers a harsh look at the progress the United States has made over the previous 20; if any.
