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healtch care cost and the inflation basket February 23, 2007 05:27AM |
Registered: 3 years ago Posts: 900 |
In the first chart below, we highlight the percentage of GDP contributed by personal spending of durable goods, non durable goods and services on a yearly basis. Breaking up the services category, we see that medical costs continue to make up a greater portion of GDP.
mhhh, so medical costs are soaring. i know that this is not quite comparing apples to apples but the disconnect is obvious. look how this has effected the "inflation basket" .................
and when you have read this excellent piece from busineww week you know that the health care complex has to grow to support the us economy.