Germany (as one example) has a social expenditure of 25% versus USA at 19%[0]. S... | Hacker News

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		MichaelRenor on Sept 20, 2016 \| parent \| context \| favorite \| on: How Bad Off Is Oil-Rich Venezuela? It’s Buying U.S... Germany (as one example) has a social expenditure of 25% versus USA at 19%[0]. Switzerland is 19.4%. [0] https://stats.oecd.org/Index.aspx?DataSetCode=SOCX_AGG

fulafel on Sept 21, 2016 | [–]

Using social expenditure in % of GDP to measure its "cost-effectiveness" is problematic, as there's wide agreement social spending has a big impact on GDP. (Structure of the spending is the other big variable of course)

sgnelson on Sept 21, 2016 | [–]

It's not just how much, it's also what, who, how, where, and why.

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