Quotes about Gross Domestic product from the world's top natural health / natural living authors
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 "Gross domestic product in 2005 in U.S. dollars for Argentina ($172.1 billion) and Peru ($72.9 billion) is from World Economic Outlook Database, Apr. 2005. Accessed from International Monetary Fund website (imf.org) in Apr. 2006. Year 2004 consumer spending figures are from U.S. Department of Commerce's Bureau of Economic Analysis "Table 2.4.5U. Personal Consumption Expenditures by Type of Product." In 2004, Americans spent $227.2 billion on gasoline and other motor fuel, $200 billion on "meals at limited service eating places," $ 117.7 billion on higher education, and $97."- Melody Petersen, Our Daily Meds: How the Pharmaceutical Companies Transformed Themselves into Slick Marketing Machines and Hooked the Nation on Prescription Drugs (Get the book.) |
 "The parliamentarians elected that day represent the largest and most affluent economy in the world, with a population of 450 million people and a gross domestic product that in 2005 jumped ahead of the United States' gross domestic product, a gap that will continue to grow as the EU's newest members' economies expand.5 Two more countries, Romania and Bulgaria, joined the EU in 2007. The EU is now the single largest trading partner with every continent except Australia."- Mark Schapiro, Exposed: The Toxic Chemistry of Everyday Products and What's at Stake for American Power (Get the book.) |
 "If we don't make some major changes, projections show that by the year 2014, spending on health will account for nearly one-fifth of America's gross domestic product.1 By the middle of this century, spending on Medicare alone will consume an estimated 40 percent of the U.S. budget. This is unsustainable, and its effects are already showing up in a variety of painful ways."- Caldwell B. Esselstyn, Jr., M.D., Prevent and Reverse Heart Disease (Get the book.) |
| "The parliamentarians elected that day represent the largest and most affluent economy in the world, with a population of 450 million people and a gross domestic product that in 2005 jumped ahead of the United States' gross domestic product, a gap that will continue to grow as the EU's newest members' economies expand.5 Two more countries, Romania and Bulgaria, joined the EU in 2007. The EU is now the single largest trading partner with every continent except Australia." - Mark Schapiro, Exposed: The Toxic Chemistry of Everyday Products and What's at Stake for American Power (Get the book.) |
 "For the year 2004, Americans spent more than $5,000 per capita, which was 14% of the U.S. gross domestic product. More amazing yet: the United States spends far, and a greater proportion of its GDP, more than any other advanced industrial country.32
Yet for all the money we spend, what do we get? Very little. We don't live longer than others. Wheteas Americans life expectancy was 77.7 years for 2005, the corresponding figures for Japan and Germany were, respectively, 81.2 and 78.7."- Gerald E. Markle and Frances B. McCrea, What If Medicine Disappeared? (Get the book.) |
 "I will not succeed against a status quo that commands some 16 percent of the gross domestic product of the wealthiest nation the world has ever seen. But I am trying.
All prior chapters lead up to this one. Here I will set forth a rational approach to health care. There are alternatives, but we missed the opportunity for those fifty years ago. I will set forth a rational approach that can be superimposed on our history. If you are captured by the arguments in the previous chapters, you will find this approach obvious. If not, I need to start over. And I will."- Nortin M. Hadler MD, Worried Sick: A Prescription for Health in an Overtreated America (Get the book.) |
| "Americans spent $250 billion in 2005 on prescription drugs, more than the combined gross domestic product of Argentina and Peru. Americans spent more on prescription drugs in 2004 than they did on gasoline or fast food. They paid twice as much for their prescription medicines that year as they spent on either higher education or new automobiles.
The American prescription drug market is so lucrative that many foreign drug companies have moved in and now depend on Americans for most of their profits. For foreign executives, the math is simple." - Melody Petersen, Our Daily Meds: How the Pharmaceutical Companies Transformed Themselves into Slick Marketing Machines and Hooked the Nation on Prescription Drugs (Get the book.) |
 "No other nation in the world spends 16 percent of the gross domestic product (GDP) on health care like the U.S. does, and I may add, without any obvious benefits. In fact there is no other society in the world with as many sick people as in the U.S.
Given the purely symptom-oriented approaches to dealing with the most serious disorders today, as you would expect, healthcare costs are spiraling out of control. In fact, these ever-increasing health expenditures now pose the greatest threat to the survival of the economy."- Andreas Moritz, Cancer Is Not A Disease - It's A Survival Mechanism (Get the book.) |
 "Even taking into account our higher per-person gross domestic product, the United States spends 42 percent more on health care per person than would be expected, given spending on health care in the other OECD nations. The excess spending on health care in the United States is like a yearly tax of more than $1800 on every American citizen. (And still the United States is the only industrialized country that does not provide universal health insurance, leaving more than 43 million Americans uninsured.)
The U.S. health care system is clearly alone among the industrialized countries."- John Abramson, Overdosed America: The Broken Promise of American Medicine (P.S.) (Get the book.) "Have you ever wondered why the United States, the country with the highest per capita gross domestic product (except for tiny Luxembourg), is alone among industrialized nations in not providing health care coverage to all of its citizens? Our lack of universal coverage becomes even more puzzling when we realize that, according to an ABCNews/Was/imgron Post poll conducted in the fall of 2003, four out of five Americans support universal health care and are willing to sacrifice their tax cuts to pay for it." - John Abramson, Overdosed America: The Broken Promise of American Medicine (P.S.) (Get the book.) |
 "It is hard to imagine that so high a fraction of gross domestic product going to corporate profits will be tolerated by the public without at least some resentment. Even though a higher proportion of the U.S. population holds stocks than ever before, still most hold very little. The bottom half of the U.S. population held only 0.8% of their total assets in stocks in 2001.4 So high corporate profits will still be viewed as going to the rich."- Brian Fagan, Floods, Famines, and Emperors: El Nino and the Fate of Civilizations (Get the book.) "Over this same interval, U.S. gross domestic product rose less than 40% and corporate profits rose less than 60%, and that from a temporary recession-depressed base. Viewed in the light of these figures, the stock price increase appears unwarranted. Figure 1.1 shows the monthly real (corrected for inflation using the Consumer Price Index) Standard and Poor's (S&P) Composite Stock Price Index, a more comprehensive index of stock market prices than the Dow, based, since 1957, on 500 stocks rather than just the 30 stocks that are used to compute the Dow." - Brian Fagan, Floods, Famines, and Emperors: El Nino and the Fate of Civilizations (Get the book.) "It is hard to imagine that so high a fraction of gross domestic product going to corporate profits will be tolerated by the public without at least some resentment. Even though a higher proportion of the U.S. population holds stocks than ever before, still most hold very little. The bottom half of the U.S. population held only 0.8% of their total assets in stocks in 2001.4 So high corporate profits will still be viewed as going to the rich." - Brian Fagan, Floods, Famines, and Emperors: El Nino and the Fate of Civilizations (Get the book.) |
 "Some economists, notably Harvard's David Cutler, claim that we should stop worrying so much about rising costs, that we can afford to spend 20 percent of the gross domestic product on health care, because there's so much "good stuff," as he puts it, to be gained from medicine. Besides, says Cutler, it's too hard to get rid of the bad stuff. But American businesses are already staggering under the burden of paying for health insurance."- Shannon Brownlee, Overtreated: Why Too Much Medicine Is Making Us Sicker and Poorer (Get the book.) |
| "In terms of overall economic growth, the 1950s were a little above average, though not as strong as either the 1940s or the 1960s: average real gross domestic product growth was 3.3% a year from 1950 to 1960.
In the third great bull market, real stock prices rose more or less continually from 1982 to 2000 but earnings did not grow at all uniformly. Real S&P Composite earnings were actually lower at the bottom of the recession of 1991 than they were at the bottom of the recession of 1982, but the real S&P Composite Index was almost two and a half times as high." - Brian Fagan, Floods, Famines, and Emperors: El Nino and the Fate of Civilizations (Get the book.) |
| "And while we're asking, we should wish for a system that doesn't consume such a large percentage of gross domestic product. That means we need hospitals to be efficient; they should deliver the best care they can for the lowest cost.
Believe it or not, such systems already exist in the United States. You've heard of some of them, the Mayo Clinic, Kaiser Permanente, and Group Health of Puget Sound, to name just three that are widely known. But maybe you don't know about one of the best: the Veterans Health Administration. That's right, the health care system that is run by the U.S." - Shannon Brownlee, Overtreated: Why Too Much Medicine Is Making Us Sicker and Poorer (Get the book.) |
 "Kenya is particularly notorious for corruption on a grand scale, such as the 1990s Goldenberg scandal (in which government officials granting shady subsidies to gold exporters may have stolen as much as 10 percent of the nation's gross domestic product) and the more recent Anglo-Leasing scandal (involving gigantic overpayment on a government contract), exposed by the former anticorruption czar John Githongo, who now lives in exile in the United Kingdom."- Alex Steffen, Worldchanging: A User's Guide for the 21st Century (Get the book.) |
 "Economist Laurence Kotlikoff puts the total of unfunded liabilities nearer to $80 trillion, over seven times the value of the gross domestic product (GDP), the nation's output of goods and services. To make up the difference, Smetters and Gokhale have warned that Social Security and Medicare payroll taxes would "need to double immediately," according to the Christian Science Monitor."- Michael J. Panzner, Financial Armageddon: Protecting Your Future from Four Impending Catastrophes (Get the book.) |
 "UK's wealth or gross domestic product (GDP). In 1980, that figure was $977 (5.6% of GDP), and by 2002, it had shot up to $2,160 (7.7%). Similar leaps are seen throughout the world. In the US, for example, the equivalent spending in 1960 was $114 per person (5% of GDP), $2,738 (8.7%) in 1980 and $5,267 (14.6%) in 2002. These figures are based on 1995 prices and have been calculated to show equal spending power, or 'purchasing power parity' in the language of economists.16
Purchasing power crisis is a better way of describing the predicament many countries now find themselves in."- Jacky Law, Big Pharma: Exposing the Global Healthcare Agenda (Get the book.) |
| "Family income also trailed a double-digit gain in gross domestic product.
Not only savings suffered. Many of the less fortunate had struggled to stay afloat after share prices collapsed and the economy then slipped into a brief recession. Indeed, by 2006, "record numbers" of lower-income Americans found themselves "in a more precarious position than at any time in recent memory," as one expert noted in the New York Times." - Michael J. Panzner, Financial Armageddon: Protecting Your Future from Four Impending Catastrophes (Get the book.) |
| "There are 800,000 physicians (up from 300,000 in 1970), 1.5 million registered nurses (double the number from 1970), and about 200,000 pharmacists. In all, our nation has more than four million health professionals.
"What I mean is this, that if medicine disappeared, it wouldn't have much impact on illness and death."
I looked at her.
"Maybe some," she relented, "here and there." She took the last sip of wine. "But overall, I don't think much would happen if medicine disappeared."
The wine was gone. With the darkening, the tree frogs' song turned shrill." - Gerald E. Markle and Frances B. McCrea, What If Medicine Disappeared? (Get the book.) |
 "Between 1960 and 1996, the "national health expenditures" share of the gross domestic product (GDP) rose about two and a half times, from 5.1 percent to 13.6 percent. During the same period, the share of "federal government expenditures" on health rose more than six times, from 3.3 percent of the GDP to 20.7 percent. In 1995, total health expenditure, as a percentage of the GDP, was 13.6 percent in the United States, 10.4 percent in Germany, 8.6 percent in Australia, and 6.9 percent in the United Kingdom."- Thomas Szasz, The Medicalization of Everyday Life: Selected Essays (Get the book.) |
 "Total promotional spending in 2001 amounted to over $19 billion,14 an amount greater than the total gross domestic product of all but approximately 69 of the world's nations. Over 100 of the world's nations including Costa Rica, Panama, Uraguay, Bolivia, Honduras and most of the other Latin American countries have GDPs far below this amount.15
And where did the drug companies spend most of that vast sum? By a wide margin the largest amount was spent on antidepressant promotion."- Dr. Timothy Scott, America Fooled: The Truth About Antidepressants, Antipsychotics and How We've Been Deceived (Get the book.) |
| "That is to say, treating brands like Diet Coke and Pentium as tangible assets, Interbrand approximated that the top hundred global brands are worth almost $ 1 trillion —more than the combined gross domestic product of the world's sixty-three poorest nations combined.
One possible interpretation of that data is that brands are tricking us into paying billions of dollars more for branded goods than we would pay for their generic equivalents. Simon Anholt is interested in another interpretation." - Alex Steffen, Worldchanging: A User's Guide for the 21st Century (Get the book.) "In some African nations, remittance represents as much as 27 percent of the gross domestic product (Nworah 2005). According to a 2005 press release from the United Nations' Office of the Special Adviser on Africa, the average African migrant living in a developed nation sends two hundred dollars per month home to family. But there are several major problems with the current remittance system. The first is cost—it's expensive to send money overseas. Unless we send money from bank account to bank account, we end up paying substantial fees to services like Western Union." - Alex Steffen, Worldchanging: A User's Guide for the 21st Century (Get the book.) "China's gross domestic product (GDP) has more than doubled since 1978, and the last decade has seen the Chinese economy growing as much as 10 percent a year. It's no wonder that this period of growth has been called the "Chinese miracle." Unfortunately, this miracle has come at a terrible price." - Alex Steffen, Worldchanging: A User's Guide for the 21st Century (Get the book.) |
 "Some economists, notably Harvard's David Cutler, claim that we should stop worrying so much about rising costs, that we can afford to spend 20 percent of the gross domestic product on health care, because there's so much "good stuff," as he puts it, to be gained from medicine. Besides, says Cutler, it's too hard to get rid of the bad stuff. But American businesses are already staggering under the burden of paying for health insurance."- Shannon Brownlee, Overtreated: Why Too Much Medicine Is Making Us Sicker and Poorer (Get the book.) "And while we're asking, we should wish for a system that doesn't consume such a large percentage of gross domestic product. That means we need hospitals to be efficient; they should deliver the best care they can for the lowest cost. Believe it or not, such systems already exist in the United States. You've heard of some of them, the Mayo Clinic, Kaiser Permanente, and Group Health of Puget Sound, to name just three that are widely known. But maybe you don't know about one of the best: the Veterans Health Administration. That's right, the health care system that is run by the U.S." - Shannon Brownlee, Overtreated: Why Too Much Medicine Is Making Us Sicker and Poorer (Get the book.) |
 "The standard 'gross domestic product' (GDP) measuring stick of national economic success tots up the value of production and consumption without considering the sus-tainability of the process. In a master stroke of creative accounting, conventional economic theory therefore counts the depletion of resources as an accumulation of wealth. This is analogous to an individual spending all of the money in their current account and counting it as 'income' - an absurdity, but one which underpins our entire economy."- Mark Lynas, Six Degrees: Our Future on a Hotter Planet (Get the book.) |
| "China, which together with the United States accounted for about half of the world's gross domestic product growth from 2001 through 2005, will almost certainly endure an economic hard landing of its own as the twin bubbles of real estate and business investment collapse with a bang.
With the United States losing its place at the head of the economic table, the energizing force that has long led the charge for open markets and free trade will itself retreat into isolation and protectionism." - Michael J. Panzner, Financial Armageddon: Protecting Your Future from Four Impending Catastrophes (Get the book.) |
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