When our health care costs are completely out of control. Do you realize what health care spending is as a percentage of the GDP in Israel? 8 percent. You spend 8 percent of GDP on health care. And you’re a pretty healthy nation. We spend 18 percent of our GDP on health care. 10 percentage points more. That gap, that 10 percent cost, let me compare that with the size of our military. Our military budget is 4 percent. Our gap with Israel is 10 points of GDP. We have to find ways, not just to provide health care to more people, but to find ways to finally manage our health care costs.
In praising this accomplishment, Romney either A) agrees with Israel's methodology or B) failed to have his advisers properly teleprompt him. To accomplish that which Romney praised of Israel's health system they; regulate its health care system aggressively, require all residents to carry insurance, and cap revenue for various parts of the country’s health care system.
Full story at the Washington Post.