Friday, September 4, 2015

Horse manure on healthcare inflation

Kevin Drum claims we are in an era of low healthcae inflation.  He fails to compare that inflation with current general inflation.
Compare general inflation with healthcare inflaion.  Currently health care has a 4% inflation rate while the deflator is at 1%,  That is a 3 point differential. And we see it is about to start rising again.

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