The Organization for Economic Cooperation and Development just released its latest batch of data seeking to measure the quality of health care in each of its member states.
The rankings show that although the US spends more per capita on health care than any of the 34 other OECD member states, its average life expectancy of 78.8 years ranks is among the lowest found in the group, according to a Bloomberg analysis.
The details of any Trump growth plan may not be available for a long time, but the general sentiment that Trump's fiscal spending boost will be good for global growth was enough for the Organization for Economic Cooperation and Development which on Monday said that U.S. and global economic growth would be boosted by increases in spending and tax cuts promised by the President-elect. However, the OECD also cautioned that those gains would be lost if he pressed ahead with threatened tariff increases that triggered retaliation.
In his speech yesterday, following the Treasury's crack down on corporate tax inversions, Obama blamed "poorly designed" laws for allowing illicit money transfers worldwide. Since the speech came at a time when the entire world is still abuzz with the disclosure from the Panama Papers, Obama touched on that as well: "Tax avoidance is a big, global problem" he said on Tuesday, "a lot of it is legal, but that’s exactly the problem" because a lot of it is also illegal.