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Econ4: Statement on Healthcare

We are economists who think that the economy should serve people, the planet and the future. The United States ranks first in the world in health care spending per person, but only 45th in life expectancy. The average American sees a doctor less often than the average Canadian, the average Briton, or the average resident of most industrial democracies. The average life expectancy of white Americans without a high school degree has fallen since 1990 by three years for men and five years for women. This paradoxical combination of first-class costs and second-rate performance is a result of a multi-…