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forlorn_mammoth 14 hours ago

What is also interesting is that the only sector thad added jobs was health care.

eigenspace 14 hours ago | parent | next [-]

Healthcare has consistently been one of the biggest drivers of US GDP and job growth numbers for years now.

This is one of the major things that has helped explain why US consumer sentiment has been so out of step with headline numbers like employment, consumer spending, and GDP.

It also helps explain why there's so many economists are saying they see limited evidence of a "K-shaped economy", and say they see positive numbers throughout the distribution. It's very difficult to choose not to buy healthcare.

glaslong 14 hours ago | parent [-]

So perhaps we'll never get to a better healthcare+insurance market (nee "Free") through government, but eventually we will just all work in healthcare, and barter our nursing and dental skills in secret away from the insurance coders.

eru 14 hours ago | parent | next [-]

You can move to Singapore, if you want a better healthcare sector.

(The UK spends very roughly half of what the US spends on healthcare in terms of percentage of GDP. That's total (public plus private) expenditure. Singapore spends very roughtly half of what the UK spends by the same measure. Health outcomes amongst the three countries are comparable. If anything, Singapore is healthier.)

orwin 13 hours ago | parent | next [-]

Singapore numbers ignore their underclass, which is significant. But you're right, if you're a westerner, Singapore's great.

eru 13 hours ago | parent | next [-]

Any 'underclass' also contributes to GDP and consumes healthcare. How is any of this ignored?

But yes, I agree that the US should let in more migrant workers. Good for the workers and good for the target country: cheap infrastructure is great!

rangestransform 12 hours ago | parent | prev [-]

I wish the US could also use migrant labour like Singapore instead of the current system of turning a blind eye to illegal immigration out of necessity

georgeburdell 13 hours ago | parent | prev | next [-]

Singapore is the beneficiary of a neighboring impoverished itinerant workforce to supplement its own collapsing demographics with artificially cheap services. It’s hardly replicable most places.

eru 13 hours ago | parent | next [-]

> It’s hardly replicable most places.

How so? What's hard to replicate here? Many rich places could let in more migrant workers. It's good for the workers, and good for the receiving country.

zer00eyz 13 hours ago | parent | prev [-]

So is the USA...

georgeburdell 13 hours ago | parent [-]

No it isn’t. Malaysians commute across the river daily and then return at night, having provided their services in exchange for compensation. Singapore gets the work without many of the associated problems with housing those people long term. As a result, there are some ridiculously niche jobs in Singapore that would not exist in another rich country, such as widespread domestic servitude and manual street sweeping

eru 13 hours ago | parent | next [-]

How is that different from people living in New Jersey and commuting to Manhattan?

alex43578 13 hours ago | parent | next [-]

Because unless you really just want to prop up only Manhattan’s statistics at the expense of NJ’s, it’s irrelevant to a discussion about US labor statistics.

vel0city 12 hours ago | parent | prev [-]

New Jersey and Manhattan are both a part of the same country last I checked.

Malaysia and Singapore are two different countries. Despite being right next to each other they have vastly different GDPs, standards of living, government benefits, etc.

eru 12 hours ago | parent [-]

Malaysia and Singapore used to be one country.

New Jersey and Manhattan are in different states. But in any case, why so xenophobic? Borders are an administrative hassle, but they have no moral weight.

vel0city 11 hours ago | parent [-]

I didn't realize acknowledging NY and NJ are in the same country is a xenophobic take.

Borders are a lot more than just a bit of paperwork or "administrative hassle". Central America is a very different place from US & Canada in many ways. Malaysia is quite a bit different from Singapore in a lot of ways despite such intertwined history.

I'm not passing any moral judgement here, I'm just acknowledging current reality. Singapore and Malaysia are different countries. NY and NJ are two states in the same country. The relationship is very different. Even with "Imperium in imperio" in the US.

To have a similar kind of comparison one would look at the cyclical migrant labor between the Southwestern US and Mexico.

rangestransform 12 hours ago | parent | prev [-]

The US could achieve the same thing with a proper migrant labour program

pfdietz 12 hours ago | parent | prev | next [-]

Health outcomes in the US are affected by higher levels of obesity. If anything, the higher health spending keeps that from being worse. I expect Ozempic and the like to have a significant impact on this.

12 hours ago | parent [-]
[deleted]
skinfaxi 12 hours ago | parent | prev | next [-]

Your statement prompted me to look at immigration options in Singapore. It seems it is pretty reasonable to get a visa as a foreign technologist.

eru 43 minutes ago | parent [-]

Yes, if you are into tech, they really want you to come.

Another benefit: they tell you pretty quickly whether your application is approved or not.

toomuchtodo 14 hours ago | parent | prev | next [-]

Europe is also excellent in my experience, specifically Portugal and Spain. My health insurance cost for a family of four in Spain is ~$2k/year as someone on a visa. In the US on an employer plan, it was ~$20k/year (premiums, copays, etc).

asa123 13 hours ago | parent | next [-]

I think the commenter you responded to filtered first for countries with outcomes better or exceeding the US? Though I’m not sure Portugal and Spain automatically fall into that category

eru 13 hours ago | parent | next [-]

Oh, I picked Singapore, because I moved here. I picked US because that was the topic under discussion. And Britain because the parent comment talked about 'free' healthcare.

asa123 12 hours ago | parent [-]

complete misreading between the lines on my part then apologies

eru 12 hours ago | parent [-]

Oh, no worries at all.

toomuchtodo 13 hours ago | parent | prev [-]

I can only n=1, but most, if not all, experiences we've had obtaining medical care were better in Europe. Care specialist for my autistic kids, primary care, etc. From my unofficial surveys, many folks I know in the US are having a hard time finding various care providers, even if they have insurance. More data on this is always welcome.

amanaplanacanal 12 hours ago | parent | next [-]

It seems fairly common in the US to have a hard time finding a doctor that will take your insurance, especially so if you are on Medicaid. Even with good insurance, a lot are just not seeing new patients. More and more tasks are being pushed off onto nurse practitioners and physician's assistants. And the number of residencies is still limited by the AMA, so you aren't getting enough new doctors.

asa123 12 hours ago | parent | prev [-]

I can believe this; it's my personal and anecdotal evidence (and that which is believed by family) that the maximum quality of US medical care is quite incredible, but any perceived median (accounting for accessibility and cost) is really quite shit

eru 13 hours ago | parent | prev | next [-]

A quick search suggests that Spain spends around 9.3% of gdp on healthcare. The UK spends around 10.9%. Singapore is around 5.5%.

toomuchtodo 13 hours ago | parent [-]

While interesting facts, this is typically not the primary criteria which people use to decide where to expat to, versus availability and affordability. I cannot speak to the residency requirements of Singapore, but those of western Europe are very generous, as some who has helped folks leave the US for there. If you are in Spain on a tourist visa, and apply for the equivalent of a digital nomad visa while in country, you get three years as a temporary resident. At three years, you re-apply for another two years, and after those five years you can apply for permanent residency. 80% of your income must come from outside of Spain. They’ll even take a letter from a US W2 employer as income verification.

If you have any resources you can recommend on immigrating to Singapore that would be helpful and relevant for folks considering it as an option (whether on an employment, student, or pension/non lucrative visa), I welcome them to add to my resources for distribution to those seeking an exit strategy. Thank you in advance.

https://news.ycombinator.com/item?id=47161587 (resources)

eru 13 hours ago | parent [-]

Oh, I was purely talking about what healthcare costs society.

I love it in Singapore, but if you don't want to live in a steam sauna, there are better countries for you. And if you are an American, I guess you don't even benefit from our more enlightened tax system anyway.

toomuchtodo 13 hours ago | parent [-]

> And if you are an American, I guess you don't even benefit from our more enlightened tax system anyway.

https://www.irs.gov/individuals/international-taxpayers/fore...

> If you are a U.S. citizen or a resident alien of the United States and you live abroad, you are taxed on your worldwide income. However, you may qualify to exclude your foreign earnings from income up to an amount that is adjusted annually for inflation. In addition, you can exclude or deduct certain foreign housing amounts.

So there are mechanisms by which to avoid paying income tax to the US as as someone with a potential US tax liability living and working abroad, although it can be a facts intensive situation. Think like a Hacker, this is just another system and set of rules to hack ("How can I live outside the US, maximize my quality of life, pay the taxes due to my residency jurisdiction, while avoiding paying as much US federal income tax as possible?").

(For the 2026 tax year, the maximum Foreign Earned Income Exclusion (FEIE) is $132,900 per qualifying person, an increase from $130,000 for 2025. Married couples where both spouses work abroad and qualify can exclude up to a combined $265,800; the contents of this comment are for educational purposes only, and are not financial or tax advice, speak with a professional)

ricardobayes 13 hours ago | parent | prev [-]

Yes and for something rare or complex, you can always fall back on the public health insurance.

toomuchtodo 13 hours ago | parent [-]

I appreciate the collectivism and it is a component of why I am happy to pay Europe any of the taxes they ask for.

logicchains 13 hours ago | parent | prev | next [-]

The US has around 4x the obesity rate of Singapore, which significantly reduces healthcare costs.

dominotw 12 hours ago | parent | prev | next [-]

> Health outcomes amongst the three countries are comparable. If anything, Singapore is healthier.

healthcare is not for health. Its for sickness. Going to hospital doesnt make you "healthy" . We dont have any medicines to restore health to ppl suffering for diseases majority of healthcare spend goes to.

Maybe those countries dont have sickly population in the first palce like usa where a majority have metabolic diseases.

kevin_thibedeau 13 hours ago | parent | prev [-]

Singapore has severe consequences for executives who violate the public trust. That makes it hard for sociopaths to rig the system for the elites.

glaslong 13 hours ago | parent | next [-]

Stoppp, y'all really are making me want to move to Singapore with promises like that.

eru 13 hours ago | parent | prev [-]

Maybe. Though Americans are free to vote for politicians who make similar laws, too.

kevin_thibedeau 11 hours ago | parent [-]

The people who make the laws are the wealthy who pay their think tanks and lobbyists to write them. Nobody gets elected without being owned by a puppet master.

eru 41 minutes ago | parent [-]

If only!

If rich people had so much influence, Romney and Bloomberg would have been presidents.

WarmWash 13 hours ago | parent | prev | next [-]

There will never be a better healthcare because the true cost of fixing a body more often than not far exceeds the value that body produces.

People run to dismiss this with "well we need a different system then", but the problem is a fundamental one on par with "eating your cake and having it too".

The only way to get as close as possible to "good" healthcare is to have enough money to pay for everything out of pocket.

elmer2 12 hours ago | parent | next [-]

"The only way to get as close as possible to "good" healthcare is to have enough money to pay for everything out of pocket."

This isn't possible. Healthcare is a finite resource and having universal, government care not only puts your life into the hands of the government (see the UK for an example where parents are not allowed to take their children out of the hospital) but offers worse outcomes.

When you are young and healthy, it's great. As you age, life-or-death surgeries have long wait times. This can be seen in any country with universal care. My aging relatives in Canada are going through this right now and have been forced to come to the US to get surgery in months rather than waiting years.

MAID has been great for healthcare costs in Canada. Many people that would otherwise have been costing the system money, are now a benefit. The sad realization is that government-run programs need MAID to cut down on costs.

I know lots of expats living in Asia that are now getting older. They have to go elsewhere to get any surgeries done, because of this exact reason.

To make it better, we should only have insurance for surgeries that can't benefit from the free market and are relatively rare. Common surgeries and procedures should have no insurance. The prices would eventually fall to levels that were affordable.

The masses don't want plans like this. They like easy solutions that sound good when you say them and don't take a whole lot of thought besides an elementary school level of thinking.

malfist 13 hours ago | parent | prev | next [-]

There are already better systems of healthcare. The US one is only good if you're wealthy

tumdum_ 12 hours ago | parent [-]

It’s actually better to be average Western European than white and top 1-5% American: https://jamanetwork.com/journals/jamainternalmedicine/fullar...

eigenspace 12 hours ago | parent | next [-]

It turns out that when you make a massive profit motive to sell expensive fancy interventions, health outcomes suffer.

You see this to an even more extreme degree amongst the ultra rich and powerful, who are often using cutting edge, experimental treatments, and often reaping the downsides of being on that edge (though of course also the upsides).

WarmWash 11 hours ago | parent | prev [-]

To be fair, the structure of that study is pretty bizarre. Why only look at 6 specific illnesses rather than something like life expectancy?

tumdum_ 11 hours ago | parent [-]

They are looking at the outcomes of specific procedures because they are interested in the health care system quality. Looking at things like life expectancy would make it impossible to disentangle them from other factors like lifestyle or environment.

WarmWash 10 hours ago | parent [-]

Sure, but it's only six (6) specific illnesses. There are tens of thousands of illnesses. I'm almost 100% confident you could cherry pick any six illenses to get any outcome you want.

Edit: Seems the lead author is also a vocal supporter of universal healthcare, being a senior fellow of the Center for American Progress. So yeah, probably why it's such a strange setup, and what compelled me to check since this kind of thing is super common for "activist research".

I guess the takeaway is to always take a study for what it is, rather than what it paints itself to be.

tumdum_ 10 hours ago | parent [-]

So you are saying that they cherrypicked some obscure illnesses to make Europe look good? They used data for:

- infant mortality

- maternal mortality

- colon and breast cancer survival

- heart attack mortality

- childhood acute lymphocytic leukemia (most common childhood cancer)

Those are one of the most common health issues.

Also, here is another recent paper showing how it’s better (health care wise) to be average in EU than wealthy in US: https://www.nejm.org/doi/full/10.1056/NEJMsa2408259

WarmWash 9 hours ago | parent [-]

No, I didn't make the argument they were obscure, in fact they all are from a set of common illnesses that....also contains thousands of illnesses. Again, this is the kind of stuff you see with "activist research". Why would they only do 6 instead of hundreds or thousands? I'm sure you see my point.

There are also other oddities like using median county wealth rather than household wealth. In many wealthy counties there are still poor areas, I know more than a few. In fact if you look at the appendix, most of the households in the study are, well, average or poor. They also don't include absolute numbers or definitions for the illnesses.

All in all, it's a bad study, and clearly made to color in an agenda.

The second study looks more grounded, thanks.

glaslong 12 hours ago | parent | prev | next [-]

I don't really need to live forever, I just don't want to have to think about whether bleeding out in a cab is a better deal than an ambulance.

Or if that random doctor who just walked in is out of network and going to charge $30,000 for my stitches when $3,000 was already egregious.

preg_match 11 hours ago | parent | prev | next [-]

There will never be a perfect healthcare system, sure, but the US healthcare system is just bad, and can be improved. We pay more for worse outcomes on average compared to most developed countries. Obviously it's just not working, I think it's indisputable at this point.

order-matters 13 hours ago | parent | prev | next [-]

> the true cost of fixing a body more often than not far exceeds the value that body produces

i softly agree but also think that a body does not need to generate value to pay for the costs in order for the whole process to sustain itself. Monitoring the stars for asteroids heading towards earth provides no market value, for example, but we can still afford to do it. so it's a matter of cost and available expenditure. the market is not net 0, so its possible to generate enough value to have enough to afford healthcare as an expense as a society

what are the costs of fixing a body? The residency pipeline is a bottleneck on labor, but assuming that gets sorted out and AI is capable of guiding any reasonable person through the process, why cant the cost of labor for a doctor drop dramatically?

i would guess limited resources are the biggest blockage, but i dont know how to break down a $20k hospital bill for giving birth into its actual costs. its hard to believe that really needs to be $20k.

I actually think its the opposite. there is so much friction with healthcare and the process of healing is slow enough that costs are inflated because the overall operating cost for the entire facility including rent, ER, having people on standby, who knows what else, all need to be recovered through whatever volume they process and they arent processing as quickly as the resources are able.

healthcare needs do not subscribe to a neat work schedule, and so we have to pay a lot of market prices to have the right availability at all times. but thats not a true cost, it is a result of accounting and underutilization

thuuuomas 13 hours ago | parent | prev [-]

Redundancy is robustness is expensive.

inigyou 12 hours ago | parent | prev | next [-]

If everything but healthcare is completely automated, all employed people will be employed in healthcare.

macintux 13 hours ago | parent | prev [-]

Growing up, almost every woman I was related to was in education. Principal, office staff, teachers.

Now, almost every woman I'm related to is in health care.

I've been joking for years that eventually everyone will either be in the hospital, or working there.

gruez 14 hours ago | parent | prev | next [-]

https://en.wikipedia.org/wiki/Baumol_effect

Any sector that's resistant to productivity growth is liable to become bigger and bigger part of the economy.

maerF0x0 13 hours ago | parent | next [-]

I've seen on youtube how people said a major reason housing is a big employer and housing has not fallen in price is due to their industry's attitude and resistance to introducing technological advancements.

in fairness also regulation makes it hard when it specificies the solutions not the parameters (just to illustrate the idea not an actual rule: you must have X thickness of PVC versus your pipe must withstand X pressure)

pfdietz 12 hours ago | parent | next [-]

And also when doctors are expected to provide the best treatments or else they can be sued for malpractice.

lotsofpulp 13 hours ago | parent | prev [-]

Demonstrating the waste of time that 99.9% of Youtube videos offer. Construction has seen tremendous technological advances, from materials to tools, even down to software that monitors workplace events.

All of these have led to conditions where it is expected for an entire house to go from start to finish in 100 days. A house with very high standards of plumbing, electrical, hvac, insulation, and other essentials compared to previous generations.

maerF0x0 6 hours ago | parent [-]

And yet so much stick built instead of manufactured, for example.

And I agree that the standards have been rising such as better R-values, car charging, AC, cat5 etc.

lotsofpulp 6 hours ago | parent [-]

Because stick built is superior to manufactured for 95% of situations and buyers. There is a reason why it’s so ubiquitous. The US is blessed to have access to cheap sticks.

notfromhere 14 hours ago | parent | prev [-]

yeah but the size of the us healthcare sector (like 18%) is a policy choice, other developed countries have theirs at 10-12%.

U.S. healthcare is a giant predatory clusterfuck and seems impossible to meaningfully reform.

rangestransform 12 hours ago | parent | next [-]

You can’t reform it because of the immense job loss that would result from an efficiently run public healthcare system. Think about all the useless paper pushers that are allowed to vote

francisofascii 13 hours ago | parent | prev | next [-]

Like the US Justice system, the best advice to give is to avoid the US Healthcare system as much as possible.

13 hours ago | parent [-]
[deleted]
eru 14 hours ago | parent | prev [-]

Singapore has more like 5.5% or so. (That's total expenditure: public plus private added up.)

peter_stokes 14 hours ago | parent | prev | next [-]

i think population pyramids will basically guarantee growth of that sector in almost all first world countries for thenext few decades

dlcarrier 9 hours ago | parent [-]

Yeah, but then the elderly population will start shrinking, which will cause a myriad of disruptions.

jmuguy 14 hours ago | parent | prev | next [-]

This has been the case in several recent reports. It really ought to put to bed the idea that Trump was somehow going to be "good for business" and bring back manufacturing. At best all he's done is create a ton of uncertainty, at worst he's actively harmed massive swaths of American businesses with tariffs, war, and gutting the federal workforce and programs that indirectly supported a ton of businesses.

biophysboy 13 hours ago | parent | prev | next [-]

Based on their July 2026 report, there were tiny increases in several sectors. The big declines were in service providing, leisure and hospitality, and government (bc of a summer decline in local gov education).

jordanb 14 hours ago | parent | prev | next [-]

I don't think many of the BBB healthcare cuts have hit yet.

amanaplanacanal 12 hours ago | parent [-]

Most of the cuts were scheduled for after the midterms, you can guess why.

codegeek 13 hours ago | parent | prev | next [-]

I don't call that Heathcare. It call that Heath"Scam" run by Big Pharma and Insurance Mafia.

pixelesque 14 hours ago | parent | prev | next [-]

It was the same in June I think...

dgellow 14 hours ago | parent [-]

That has been the case for most of the year IIRC

orangeberrytea 13 hours ago | parent | prev | next [-]

Death can't get laid off

nprz 14 hours ago | parent | prev | next [-]

Wealthy, aging boomers with increasing need for health care, makes sense.

dlcarrier 9 hours ago | parent | next [-]

They're also the target of a lot of campaigning, so politicians promise to give them even more services and fewer taxes.

eigenspace 14 hours ago | parent | prev [-]

It's not just boomers (though they are the biggest part of it).

Americans of all ages are spending more on healthcare, and seeking more healthcare interventions than in previous decades.

TSiege 14 hours ago | parent | next [-]

This isn’t surprising. The population overall is aging. Millenials are now the largest cohort and are approaching middle age. Until recently we’ve seen the number of insured individuals rise consistently and our medicine continues to advance. More older adults have access and need more healthcare

eigenspace 14 hours ago | parent | next [-]

No, I mean on an age-corrected basis, throughout the spectrum of ages.

i.e. young americans are spending more on health care than young americans used to, even if it's also true that there are fewer young americans now, and more old americans.

bluGill 13 hours ago | parent | next [-]

There is a lot more to spend it on. I'm gen-X, ADHD wasn't even heard of by most people until I was in college, and then it was only diagnosed/treated in the worst cases. Today most kids I know are on some medication for ADHD. A few years ago a friend of mine was told "too bad you are not 25 - I know what treatment you need but we can't give it to someone over 25" - he went to the Mayo clinic for his condition at 23 but the treatment didn't even exist yet so it was a waste of time.

In 1860 someone who went to a doctor would have worse outcomes than someone who stayed home. As medicine gets better over time there is more and more value in seeing a doctor. In turn more an more people are talking to their doctor about things that they would have just ignored a few generations ago. Sometimes this results in unnecessary treatment, but it also results in catching and fixing a lot of real problems that would have made life worse before we could treat it.

eigenspace 13 hours ago | parent [-]

Sure, this is of course true, but there's also a reason that Americans spend way way more on their healthcare than any other developed nation, and it's not that they have better healthcare, or more healthcare options.

IncreasePosts 13 hours ago | parent | prev [-]

Part of the Obamacare mandate was forcing young men into health insurance policies when in the past they had a much higher opt out percentage.

silverquiet 12 hours ago | parent | next [-]

As a young man, can I opt into Medicare since I'm opted in to paying for it?

eigenspace 13 hours ago | parent | prev [-]

Sure, but that's not what's driving these increases in costs.

SoftTalker 13 hours ago | parent [-]

Why not? Higher demand -> Higher prices.

amanaplanacanal 12 hours ago | parent [-]

I don't see how that applies to insurance. The demand pays for it's own supply. The insurance company doesn't have to ramp up production somehow.

jandrewrogers 13 hours ago | parent | prev | next [-]

It isn't just aging.

Americans are spending a lot more on quality-of-life medical interventions, many of which are outside the normal standard of care that would be covered by healthcare systems. It is a booming business in the US and many people seem to have no trouble paying for it.

boelboel 12 hours ago | parent [-]

It's like the hydration revolution, wealthy Americans (or those who aspire to be) are very conscious about their health/career/investments/childcare/looks. Many of them seem quite neurotic, maybe it's a consequence of individualism and social media. I don't think it's something which is unique to the US but they're just ahead/rich compared to other countries.

georgeburdell 13 hours ago | parent | prev [-]

Just as an anecdote, I’m an older Millennial (1982) and since my late 30s I’ve been spending my HDHP cap in health services that my parents wouldn’t have bothered with, such as allergy shots and niche diagnostic blood tests based on the latest science, some of which have been covered here such as HSCRP. I’ve also had LASIK and had laser skin treatments done. I’m not a health nut, I just realized I don’t have to look and feel like crap in my 40s like my progenitors.

neutronicus 13 hours ago | parent | prev [-]

I'm sure ADHD medications / antidepressants / GLP-1s are huge drivers.

maerF0x0 13 hours ago | parent [-]

It's my hypothesis that boomers passing away + GLPs largely ending obesity will result in a sharp drop in total healthcare spending in the next decade or two

My main caveat / counter point is that preventative care may actually increase as more and more people jump on the live for ever, dont die, longevity hacking trend.

chasd00 13 hours ago | parent | prev | next [-]

there's a massive wave of elderly coming (boomer generation) so it makes sense health care is going to becoming an even bigger economic force than it already is.

weezing 13 hours ago | parent | prev | next [-]

Clankers won't replace medical workers as fast. People get older and have less children too.

carlosjobim 13 hours ago | parent | prev | next [-]

Not strange. All the money and wealth is in the hands of the olds and olds need much more health care than the young. So it's a gold rush to get their juicy dollars.

chasd00 13 hours ago | parent [-]

I know i'm just one guy but I'm 50 and the old people i know are very poor and supported entirely by their children. It would be interesting to see the median and mean wealth for people >70 and compare the two.

carlosjobim 13 hours ago | parent [-]

All wealth is held by olds, but that doesn't mean that all olds are rich.

All basketball players are tall, but that doesn't mean that all tall people are basketball players.

eethrowaway 13 hours ago | parent | prev [-]

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