Comment by Wieldable4640
Comment by Wieldable4640 a day ago
Americans pay more for worse outcomes, so this is clearly a political/priorities issue, not an issue with wealth.
Other counterexamples are the other European countries with the same safety net which are not petro states (they do have colonial wealth though).
A lot of this was possible because of high corporate taxes and high marginal taxes on high incomes, so in theory this model could apply in most places.
Not all european countries have colonial wealth. There is universal healthcare in croatia and that nation started from scratch essentially 30 years ago and isn’t really a very strong economy today either.