All Commentary
Tuesday, February 7, 2012

Government’s Health Care Tab to Double in Decade

“Government spending for Medicare, Medicaid and other healthcare programs will more than double over the next decade to $1.8 trillion, or 7.3 percent of the country’s total economic output, congressional researchers said on Tuesday.” (Reuters)

If demand is subsidized by the taxpayers, this is what happens.

FEE Timely Classic
“Wishful Thinking on Health Care” by Sheldon Richman