But seriously, your post hurts the heart and gut. Health care costs are a huge concern and unless something is done to reduce malpractice costs and the share of our premiums that go to administration, rather than actual medical care (which is an incredibly high proportion in the US) then we'll get a situation where people may not have enough money left for health care even after they've used all their assets in old age. And, there's gonna come a time when other countries won't want to finance the US twin deficits - current account and fiscal - and then we'll find ourselves paddling in excrement.
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Date: 2 Feb 2005 12:34 am (UTC)But seriously, your post hurts the heart and gut. Health care costs are a huge concern and unless something is done to reduce malpractice costs and the share of our premiums that go to administration, rather than actual medical care (which is an incredibly high proportion in the US) then we'll get a situation where people may not have enough money left for health care even after they've used all their assets in old age. And, there's gonna come a time when other countries won't want to finance the US twin deficits - current account and fiscal - and then we'll find ourselves paddling in excrement.