[lbo-talk] new EPI paper on social security

Doug Henwood dhenwood at panix.com
Wed Aug 18 12:34:37 PDT 2010


On Aug 18, 2010, at 3:26 PM, Somebody Somebody wrote:


> Somebody: Here's what I don't understand: why would it be such a bad thing if health care costs continued to rise? The U.S. is a post-industrial nation with an aging population - what precisely is supposed to take priority over the health of it's citizens? So, today the U.S. is spending about 16% of GDP on health care - is something terrible supposed to happen when that reaches 30%?

Cause we're getting crap for it. Countries that spend far less have better health indicators. Probably a quarter to a third of our spending is pure waste.

Doug



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