What will Health Care Reform (HCR) mean for the rest of the world?

I believe that HCR is actually great for the rest of the world. Because with HCR, Americans will be spending more of their money on Health Care, versus other Things (Things = cars, houses, etc.). As more money gets devoted to Health Care, there will be a greater focus on Health Care generally. I believe the result will be more innovations in the area of Health, with more cures and better ways to deliver health care. This will benefit Americans, but indirectly it will benefit the rest of the world as well.

I used to be envious of Americans because they received tax deductions on their mortgages. Sadly, this likely led to the Great Recession we are just starting to pull out of. If Americans put their money into better Health Care versus better houses and better cars, we all will benefit.

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