Friday, August 29, 2014

The U.S. Is Losing The Ability To Maintain High Health Spending

One complaint about American health spending is that we spend too much. It usually looks like this: “We spend 17 percent of our Gross Domestic Product (GDP) on health care. The next most expensive country is Switzerland, which spends 12 percent.” Put that way, it does seem like we are spending too much. However, it invites another question: Is the five percent extra that we spend on health care taking away from other goods and services we need?

The answer to that question is no. But that is changing with Obamacare.e-spending/#ixzz3BmoNnyHk

Read the entire column in The Daily Caller.

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