Lastly, the crisis is forcing governments to reallocate resources to health care systems and other forms of welfare protection. The US spends nearly one-fifth of its GDP on health care but is failing to cope with a pandemic like this because resource allocation has been driven by profit, not the safety of the masses. As vested financial interests resist the reallocation of resources, the economy is likely to be dragged down.
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Lastly, the crisis is forcing governments to reallocate resources to health care systems and other forms of welfare protection. The US spends nearly one-fifth of its GDP on health care but is failing to cope with a pandemic like this because resource allocation has been driven by profit, not the safety of the masses. As vested financial interests resist the reallocation of resources, the economy is likely to be dragged down.
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