A Quote by Dean Kamen
I think we have a society which is spending more and more of its money on healthcare as a percent of GDP as a percent of a lot of things. I think that's a measure of success.
Quote Topics
Quote Author
Related Quotes
I'm going to create tremendous jobs. And we're bringing GDP from, really, 1 percent, which is what it is now, and if Hillary Clinton got in, it will be less than zero. But we're bringing it from 1 percent up to 4 percent. And I actually think we can go higher than 4 percent. I think you can go to 5 percent or 6 percent.
After almost 50 years in which federal spending averaged about 20 percent of GDP, Joe Sestak and Nancy Pelosi took federal spending to 25 percent. You know, that's a 25 percent increase in the size of the government overnight. That's what we - that's what we've got to rein in.
A possibility is that we see more and more leverage, and credit-to-GDP ratios rise once more to even higher levels; eventually the banking systems of all advanced economies reach magnitudes of 500 percent, 1000 percent or more of GDP, so that every economy starts to have financial systems that resemble recent cases like Switzerland, Ireland, Iceland, or Cyprus. That might be a very fragile world to live in.
Is it just a coincidence that as the portion of our income spent on food has declined, spending on health care has soared? In 1960 Americans spent 17.5 percent of their income on food and 5.2 percent of national income on health care. Since then, those numbers have flipped: Spending on food has fallen to 9.9 percent, while spending on heath care has climbed to 16 percent of national income. I have to think that by spending a little more on healthier food we could reduce the amount we have to spend on heath care.
Six percent, 5 percent of our GDP for him [Vladimir Putin] to match us, he has to spend 25 percent of his GDP and it will bankrupt his country.
If two percent of all the films made in Hollywood are really artistically worthy - and I think it's a lot more than two percent - that's a pretty big percentage of things that will outlive their own generation.
We believe you will not have to pay more than the current rate structure proposes - which is, for 50 percent of the public, nothing; for another 25 percent, only a 10 percent increase; and for the remaining 25 percent, a 34 percent increase.
Government is taking 40 percent of the GDP. And that's at the state, local and federal level. President Obama has taken government spending at the federal level from 20 percent to 25 percent. Look, at some point, you cease being a free economy, and you become a government economy. And we've got to stop that.
The most encouraging sign is that 71 percent of the public believe the system is profoundly corrupted by the power of money. Ninety-six percent of the people believe it's "important" that we reduce the influence of money. Yet 91 percent think it's "not likely" that its influence will be lessened. Think about that: People know what's right to do yet don't think it can or will be done.
For any economy, there are two basic factors determining how many jobs are available at any given time. The first is the overall level of activity - with GDP as a rough, if inadequate measure of overall activity - and the second is what share of GDP goes to hiring people into jobs. In terms of our current situation, after the Great Recession hit in full in 2008, US GDP has grown at an anemic average rate of 1.3 percent per year, as opposed to the historic average rate from 1950 until 2007 of 3.3 percent.
Because the math is, if you - 5 percent of a million is a lot more than 5 percent of a thousand. So yeah, someone who makes more money, numerically, it's gonna be higher. But the greatest gains, percentage-wise, for people, are gonna be at the lower end of our plan.
Two percent of the people think; three percent think they think, and 95 percent would rather die than think.
When you think about it, caring for patients is 99 percent information and 1 percent intervention, so it's clear that with or without genomics, the paradigm is shifting. Bioinformatics brings a cutting edge capacity to healthcare.
Economists often talk about the 80/20 Principle, which is the idea that in any situation roughly 80 percent of the “work” will be done by 20 percent of the participants. In most societies, 20 percent of criminals commit 80 percent of crimes. Twenty percent of motorists cause 80 percent of all accidents. Twenty percent of beer drinkers drink 80 percent of all beer. When it comes to epidemics, though, this disproportionality becomes even more extreme: a tiny percentage of people do the majority of the work.
If I can save 25 billion dollars in terms of reduction of import, I will be adding one percent to the GDP. By conserving the oil energy by the people, the GDP will become 5.5 percent, and this will change the economy of the country.
I have a very big phone book and a very long reach around the world. And I think - I don't think, I know - that 95 percent of the people who I know who weren't born into success who have become successful and done things that are different and made a lot of money and had a lot of excitement in their life are people who never hear the word 'no.'
Related Authors
Alexander Graham Bell Quotes
Scottish
Inventor
Charles Kettering Quotes
American
Inventor
David Baszucki Quotes
American
Inventor
Edwin Land Quotes
American
Inventor
Homaro Cantu Quotes
American
Inventor
Jacque Fresco Quotes
American
Inventor
Joy Mangano Quotes
American
Inventor
Ken Hakuta Quotes
South Korean
Inventor
Mike Lindell Quotes
American
Inventor
Nikola Tesla Quotes
American
Inventor
R. Buckminster Fuller Quotes
American
Inventor
Ray Kurzweil Quotes
American
Inventor
Simone Giertz Quotes
Swedish
Inventor
Thomas A. Edison Quotes
American
Inventor
Tim Berners-Lee Quotes
English
Inventor
Tony Fadell Quotes
American
Inventor