Why America isn’t as rich as it seems

AI Summary

A report reveals that the U.S. spent $5.4 trillion on healthcare in 2024, accounting for 18% of GDP, translating to about $15,000 per person. This raises questions about economic sustainability and wealth distribution across the nation.

Official statistics show that the country spent $5.4trn on healthcare in 2024, equivalent to 18 per cent of GDP. This is $15,000 per person, ...