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US suicides hit an all-time high last year
(english.elpais.com)
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this post was submitted on 11 Aug 2023
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It's worth noting that a lot of solutions actually save money.
For example, universal healthcare is a big issue in the US. Around 2/3 of all bankruptcies are from medical debt. People ration lifesaving medication like insulin because of how prohibitively expensive it is. GoFundMe is of the largest healthcare providers in the country, and over 1/3 of all campaigns are for medical expenses.
They've created a system where it's prohibitively expensive to seek necessary medical care, and is built on the foundational acceptance that people need to die and suffer for it to function as intended.
Yet a universal healthcare system is projected to cost the US an estimated ~13% less than they are paying.
Save taxpayers money, not the super rich. The system is working as intended for the parasites at the top.
Exactly its not about how much taxpayer money is being spent, it's about who it goes to.
Sort of. If they all worked together they would have been better off, even for their own class. Working together and further monopolizing businesses for American industries would have made them much richer (probably at the expense or other economies, but I guess we're just talking about "the west" so thats slightly irrelevant). Every other American would be better off too, but that might mean Elon Musk is worth 100 B instead of 180B and Larry Ellison is only worth 70B. But there would be a lot more Billionaires and a heck of a lot more millionaires. But that isn't how game theory works I guess, and that would be boring for them... they have no national allegiances anyway.
A bit misleading, though I get your point. 2/3 of people who file for bankruptcy have medical debt, not that the medical debt was the cause of the bankruptcy. Any dollar amount of medical debt factors into this statistic, so if I have $800 in medical debt with reasonable payments and I drown under a mortgage I can no longer afford and 20k in credit card debt, did the medical debt cause the bankruptcy? Of course not. It's counted anyways.
Your assessment of this is incorrect.
The study I was referencing reports on people who specify that medical-related financial stress contributed directly to their bankruptcy. This was broken down by medical expenses and medical issues leading to loss of income - with medical expenses being the higher percentage at ~60%, and the combined percentage sitting between 65-70% (with overlap in responses).