Home

US and UK Economic Systems Comparison

The U.S. economic system can feel harsh and make it hard for many people to get ahead, driven by a relentless push to be better, cheaper, and faster. The goal in the U.S. approach is that companies can retain profits and pay relatively low taxes on them so those funds can be reinvested in the business—leading to expansion, hiring, and new paychecks that boost local spending and tax receipts. That pathway can work, but retained profits are not automatically spent on domestic hiring (they may go to buybacks, dividends, automation, or overseas investment), and whether tax incentives spur jobs depends on demand, firm incentives, and broader policy. Some European approaches—illustrated by concerns about weaker growth and higher benefit recipiency in the UK in recent years—trade lower immediate growth for higher taxes and public services; both models involve tradeoffs between growth, distribution, and resilience.



what is the percentage or per 100,000 people on public assistance USA vs UK

In the  US, approximately 16% of the population receives some form of public assistance, while in the UK, around 51% of families (households) receive some form of state support, which includes benefits like the State Pension and Child Benefit. 

United States

United Kingdom

Per 100,000 People Comparison

To express these figures per 100,000 people:

---------------------------------------------------



UK GDP total 10 year growth vs US

Over the past decade, the US economy has grown at a significantly faster rate than the  UK economy. As of 2023 data, the US GDP growth has substantially outpaced the UK's growth. 

Total GDP Growth (Approx. 2014–2024) 

Key Comparisons

Healthcare Wait Times: Canada

According to the Waiting Your Turn: Wait Times for Health Care in Canada, 2024 Report, physicians across Canada reported a median wait time of 30.0 weeks between a referral from a GP and receipt of treatment in 2024, up from 27.7 weeks in 2023. This is 222% longer than the 9.3 week wait Canadian patients could expect in 1993.

US taxpayer breakdown by group is here

Home

info@fedoralinuxlab.org