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The great thing is that this expense grows at a rate of 9%/year while the economy is stagnant. If GDP miraculously and immediately begins to grow at 5%/year, h
by anonymoushn 14y ago
The great thing is that this expense grows at a rate of 9%/year while the economy is stagnant. If GDP miraculously and immediately begins to grow at 5%/year, health care spending will completely eclipse it in 50 years. If it does not, health care spending will completely eclipse it in 28 years.
- lesterbuck 14y agoHerbert Stein's Law: "If something cannot go on forever, it will stop." The only question is how the rate of growth will slow/stop.