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> But growth in government spending has outstripped it, and it has been getting worse rather than better. cough Universal single-payer healthcare with aggressi
by ethbr1 1y ago
> But growth in government spending has outstripped it, and it has been getting worse rather than better.
cough Universal single-payer healthcare with aggressive, adversarial price negotiation.
- AnthonyMouse 1y agoThat can't be the explanation because it wasn't present in the US before the government was running huge deficits either.
- ethbr1 1y agoAs in, the US still doesn’t have it. Hence the propensity to sink growing amounts of GDP into paying an ever-heightening stack of middlemen to provide medical care at market prices... instead of simplifying the stack and saving money. The US government created a mandate, then allowed it to metastasize as health care became more technical and expensive, and is now in the business of sticking its fingers in its ears and pretending there’s not a financial problem. https://www.cms.gov/data-research/statistics-trends-and-reports/national-health-expenditure-data/nhe-fact-sheet https://www.cms.gov/data-research/statistics-trends-and-repo...
- mananaysiempre 1y agoEveryone in that spending pipeline is doing it[1], not just the US government. [1] https://siderea.dreamwidth.org/1179450.html https://siderea.dreamwidth.org/1179450.html (very long; you’ll need to get to at least part 2 to see the relevance)