Why the U . S . Manufacturing Industry has shrunk to its lowest percentage revenue level of GDP

At its lowest in modern history, the U.S. manufacturing industry is now at 11% of GDP, down from  24.3% in 1970. The U.S. health care expenditures are higher than the average of the 35 Organization  for Economic Co-operation and Development (OECD) members. This expenditure is two and a half  times the average of OECD countries. On a closer look, the cause must be the healthcare industry and its rising overhead to the manufacturers. A simple comparison of the percentage change in the healthcare industry's GDP versus  the manufacturing industry shows a direct correlation between the growth of one and the shrinkage  of the other, percentage point for a percentage point. No other sector besides manufacturing has seen  such a decline during this period. The cause is the growth of the healthcare industry and how the U.S. pays for it. The U.S. is the only  industrial country where the employer directly pays a substantial share of employees' health care  benefits. In other nations, cit