Mark Schapiro
See book keywords and concepts |  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. |
Michael J. Panzner
See book keywords and concepts |  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. |
Mark Lynas
See book keywords and concepts |  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. |
Shannon Brownlee
See book keywords and concepts |  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. | | 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. |
Michael J. Panzner
See book keywords and concepts | | By 2005, imports were more than 16 percent of gross domestic product, up from less than 6 percent only three decades earlier. When the trade deficit climbed to 6.6 percent of GDP by the second quarter of 2006, it had reached a dangerous stage. Americans had spent way more than they could afford for far too long and had relied on a staggering amount of borrowed money to pay for it, with much of the financing coming from foreigners. | | 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. | | It was so easy, in fact, that the ratio of total debt to gross domestic product, a measure of U.S. economic output, rose to more than 300 percent by 2005, exceeding the record of 290 percent last seen just prior to the 1929 stock market crash. And net external debt, which measures the difference between what we owe the rest of the world and their obligations to us, reached more than $3 trillion, having been a surplus only a few years before. |
Caldwell B. Esselstyn, Jr., M.D.
See book keywords and concepts |  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. |
Mark Schapiro
See book keywords and concepts | | The Chinese Politburo has committed to doubling its capacity for renewable energy to 16% of national consumption by 2020, an extraordinarily ambitious goal given the Politburo's simultaneous ambition to quadruple the country's gross domestic product by that same year. The different approaches between Europe and America, in helping China meet the greatest environmental challenge of our time, were highlighted at a three-day strategic economic dialogue between top U.S. and Chinese officials during the height of the Christmas season in 2006. |
Gerald E. Markle and Frances B. McCrea
See book keywords and concepts |  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. |
Melody Petersen
See book keywords and concepts |  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. | | 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. |
Michael J. Panzner
See book keywords and concepts | | 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. |
Alex Steffen
See book keywords and concepts |  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. | | 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. |
Shannon Brownlee
See book keywords and concepts | | We currently spend nearly $6,000 apiece on health care, two and a half times the median for the rest of the industrialized world.
What do we get for our money? Politicians are constantly telling us we have the best health care in the world, but that's simply not the case. By every conceivable measure, the health of Americans lags behind the health of citizens in other developed countries, starting with life expectancy. In 2001, U.S. |
James Howard Kunstler
See book keywords and concepts |  This has extraordinary implications for oil-based industrial civilization, which is predicated on constant and regular expansion of everything—population, gross domestic product, sales, revenue, housing starts, you name it.
The world oil production peak represents an unprecedented economic crisis that will wreak havoc on national economies, topple governments, alter national boundaries, provoke military strife, and challenge the continuation of civilized life. | | By the end of 1929, total dollar trading volume in paper securities had reached 133 percent of gross domestic product. While the twenties roared, on Wall Street there were ominous rumblings in the background of the real economy.
For instance, the same oil-fueled boom that energized the suburban expansion of the 1920s brought turmoil and trouble to the farm economy. Thirty percent of the U.S. population still lived on farms in the 1920s. U.S. farmers had done well during World War I, exporting grain to a Europe that had become a shell-blasted battlefield. |
Alex Steffen
See book keywords and concepts | | 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. |
Gerald E. Markle and Frances B. McCrea
See book keywords and concepts | | 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. |
Carlo Petrini
See book keywords and concepts |  Put simply: better a high level of Gross Domestic Happiness than a high level of gross domestic product.
{diary 17} rural generosity
When I was a child, it was the custom in my family to invite members of the local community who lived in poverty to lunch at religious holidays. The practice was so natural to my mother that it never occurred to me to wonder about the reason for these curious acts of hospitality. |
Henry Hobhouse
See book keywords and concepts |  Or, communities can muddle along, as at present in so many countries, with the Mob in attendance, with dangerous no-go areas in every city and with an appreciable percentage of gross domestic product involved with drugs. This in turn is matched by the cost of law-enforcement devoted to the drug problem. Meanwhile, though concurrent money-laundering warps the world economy, and there is a great deal of crime on the streets, at least populations can still enjoy many of those other freedoms denied Singapore.
What is not so simple is to measure the true costs and benefits of each alternative. | | History's joke on Europe is that for nearly two centuries a commodity was imported halfway across the world, and that a huge industry grew up involving as much as 5 percent of England's entire gross domestic product, and yet no one knew anything about how tea was grown, or prepared, or blended.
*
In that great burst of mercantile activity that followed the Renaissance, western European influence spread about the globe and created the world we know today. But Europe held many beliefs which we now know to have been fallacies. |
Dr. Timothy Scott
See book keywords and concepts |  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. |
Jacky Law
See book keywords and concepts |  If you can't think in billions, think of it as $205,000 million, just $10,000 million short of the gross domestic product (GDP) for Denmark, an affluent Scandinavian nation of 5.4 million people, that same year.
Pharma's growth has been dramatic. Consider, for example, that the 'blockbuster drug,' defined as having annual sales of more than a billion dollars, only emerged after 1984 when Glaxo's anti-ulcer, Zantac, was launched. |
Alex Steffen
See book keywords and concepts | | 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. |
Jacky Law
See book keywords and concepts | | 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. |
Dr. Abram Hoffer, MD, FRCP (C) and Dr. Harold D. Foster, PhD
See book keywords and concepts |  The United States prevalence rate for self-referred arthritis is expected to rise from 15% of the population in 1990 to 18.2% by 2020. This figure will represent 59.4 million cases.3
Role of Vitamin B-3
In the 1940s, Dr William Kaufman was the first to report that niacinamide in large doses, starting from 250 mg, taken four times daily, was useful in reversing the changes normally associated with old age.4>5 His primary interest was in reversing arthritic symptoms, but he observed significant associated improvement in other functions. |
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ABOUT THE CREATOR OF NATURALPEDIA: Mike Adams, the creator of this NaturalNews Naturalpedia, is the editor of NaturalNews.com, the internet's top natural health news site, creator of the Honest Food Guide (www.HonestFoodGuide.org), a free downloadable consumer food guide based on natural health principles, author of Grocery Warning, The 7 Laws of Nutrition, Natural Health Solutions, and many other books available at www.TruthPublishing.com, creator of the earth-friendly EcoLEDs company (www.EcoLEDs.com) that manufactures energy-efficient LED lighting products, founder of Arial Software (www.ArialSoftware.com), a permission e-mail technology company, creator of the CounterThink Cartoon series (www.NaturalNews.com/index-cartoons.html) and author of over 1,500 articles, interviews, special reports and reference guides available at www.NaturalNews.com. Adams' personal philosophy and health statistics are available at www.HealthRanger.org.
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