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October 24, 2014

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Oct. 24, 1940:  The 40-hour work week goes into effect under the Fair Labor Standards Act, signed by President Roosevelt two years earlier.
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Why an MRI Costs $1,080 in American and $280 in France
Posted On: Mar 28, 2013

Mar. 28, 2013 | HEALTH CARE | There is a simple reason health care in the United States costs more than it does anywhere else: The prices are higher. That may sound obvious. But it is, in fact, key to understand one of the most pressing problems facing our economy. In 2009, Americans spent $7,960 per person on health care. Our neighbors in Canada spent $4,808. The Germans spent $4,218. The French, $3,978. If we had the per-person costs of any of those countries, America's deficits would vanish. Workers would have much more money in their pockets. Our economy would grow more quickly, as our exports would be more competitive. Full story here. Related: 21 graphs that show America's health-care prices are ludicrous


 
 
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