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De Omnibus Dubitandum - Lux Veritas

Sunday, November 4, 2018

America Ripe for Reform: All Politics Isn’t Local

Thanks for healthcare’s ever rising costs, the truth hits home in Tip O’Neill’s backyard.

Hunt Lawrence and Daniel J. Flynn November 1, 2018

Massachusetts considers a ballot question on Tuesday that proposes to “limit how many patients could be assigned to each registered nurse in Massachusetts hospitals and certain other health care facilities.”   Judging by signage and surveys, “yes” on Question 1 appeared headed for an overwhelming victory. Then something happened. Voters thought about the consequences...............Compliance with the law similarly means higher costs passed on to consumers................ Americans spend about $3.5 trillion, 18 percent of gross domestic product, on healthcare .............. estimated that that raw number increases to $5.7 trillion by 2025 — a fifth of gross domestic product.

Americans may not know that in 1950 we spent five percent of GDP on healthcare or in 1970 we expended about seven percent of GDP on healthcare..............The inflating costs effectively work as a massive tax hike on Americans............To Read More......

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