Friday, February 11, 2011

Germany has world's oldest universal healthcare system

"Germany has the world's oldest universal health care system, with origins dating back to Otto von Bismarck's social legislation, which included the Health Insurance Bill of 1883, Accident Insurance Bill of 1884, and Old Age and Disability Insurance Bill of 1889."

Next time a Republican says that universal healthcare will ruin the economy, tell him or her:

"Germany is the largest national economy in Europe, the fourth-largest by nominal GDP in the world, and fifth by GDP (PPP) in 2008. Since the age of industrialisation, the country has been a driver, innovator, and beneficiary of an ever more globalised economy. Germany is the world's second largest exporter with $1.120 trillion exported in 2009 (Eurozone countries are included). Exports account for more than one-third of national output."

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