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Thursday 19 March 2015

We don’t have a debt problem in this country – we have a healthcare problem.

http://www.forbes.com/sites/danmunro/2012/01/19/u-s-healthcare-hits-3-trillion/

It’s come to be known affectionately as “doc fix” – and we’ve kicked that can down the road for 9 consecutive years.  Maybe we’ll just write it off – and maybe we should – but it’s actually on the books so we can’t just ignore it – can we?  That puts the real NHE at about $3 trillion for 2012 (+ about 4% for each year forward – as far as the eye can see).  As one economist said – we don’t have a debt problem in this country – we have a healthcare problem.

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