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Thursday, August 12, 2010

Medicaid Grows As Fast In Boom Times As Busts

Monday's bailout of government unions threw yet more federal dollars at Medicaid. But why? The government wants you to think of Medicaid, like other welfare programs, as a sort of "automatic stabilizer." However, Medicaid has grown consistently, in both good times and bad. It's growth is not counter-cyclical.

Read more here.

2 comments:

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