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  • March 5, 2011 at 4:21 PM #18596
    davelj
    Participant

    This is from one of my favorite bloggers – hedge fund manager John Hempton – who also does some very good analysis on banks (he’s a former bank analyst):

    http://brontecapital.blogspot.com/2011/03/health-care-and-fiscal-reform.html

    He comes to an interesting conclusion.

    March 5, 2011 at 8:55 PM #673593
    briansd1
    Guest

    Good post.

    We’ve let the health care industry grow too much as a proportion of the economy.

    Health spending growth was a boon to the economy for a while. For a while new drugs, medical equipment and procedures were helping growth.

    But as our population gets more obese, older, and sicker, health care will consume more of our wealth, thus constraining growth.

    Who will care for and feed the millions of obese, economically useless, and extremely costly folks in their old age?

    March 5, 2011 at 8:55 PM #674262
    briansd1
    Guest

    Good post.

    We’ve let the health care industry grow too much as a proportion of the economy.

    Health spending growth was a boon to the economy for a while. For a while new drugs, medical equipment and procedures were helping growth.

    But as our population gets more obese, older, and sicker, health care will consume more of our wealth, thus constraining growth.

    Who will care for and feed the millions of obese, economically useless, and extremely costly folks in their old age?

    March 5, 2011 at 8:55 PM #674399
    briansd1
    Guest

    Good post.

    We’ve let the health care industry grow too much as a proportion of the economy.

    Health spending growth was a boon to the economy for a while. For a while new drugs, medical equipment and procedures were helping growth.

    But as our population gets more obese, older, and sicker, health care will consume more of our wealth, thus constraining growth.

    Who will care for and feed the millions of obese, economically useless, and extremely costly folks in their old age?

    March 5, 2011 at 8:55 PM #674746
    briansd1
    Guest

    Good post.

    We’ve let the health care industry grow too much as a proportion of the economy.

    Health spending growth was a boon to the economy for a while. For a while new drugs, medical equipment and procedures were helping growth.

    But as our population gets more obese, older, and sicker, health care will consume more of our wealth, thus constraining growth.

    Who will care for and feed the millions of obese, economically useless, and extremely costly folks in their old age?

    March 5, 2011 at 8:55 PM #673651
    briansd1
    Guest

    Good post.

    We’ve let the health care industry grow too much as a proportion of the economy.

    Health spending growth was a boon to the economy for a while. For a while new drugs, medical equipment and procedures were helping growth.

    But as our population gets more obese, older, and sicker, health care will consume more of our wealth, thus constraining growth.

    Who will care for and feed the millions of obese, economically useless, and extremely costly folks in their old age?

    March 6, 2011 at 7:39 AM #673786
    sdrealtor
    Participant

    Did you just jump party lines?

    March 6, 2011 at 7:39 AM #674881
    sdrealtor
    Participant

    Did you just jump party lines?

    March 6, 2011 at 7:39 AM #673728
    sdrealtor
    Participant

    Did you just jump party lines?

    March 6, 2011 at 7:39 AM #674534
    sdrealtor
    Participant

    Did you just jump party lines?

    March 6, 2011 at 7:39 AM #674397
    sdrealtor
    Participant

    Did you just jump party lines?

    March 6, 2011 at 10:12 AM #673826
    briansd1
    Guest

    [quote=sdrealtor]Did you just jump party lines?[/quote]

    Not all all.

    I still believe in universal health care, especially basic preventive care for everyone in America.

    But I also believe in health care rationing and means testing. Those who want the best health care can pay for it out of pocket.

    Universal basic health care and and cutting costs (lowering the share of GPD health care consumes) are not mutually exclusive, IMHO.

    March 6, 2011 at 10:12 AM #674921
    briansd1
    Guest

    [quote=sdrealtor]Did you just jump party lines?[/quote]

    Not all all.

    I still believe in universal health care, especially basic preventive care for everyone in America.

    But I also believe in health care rationing and means testing. Those who want the best health care can pay for it out of pocket.

    Universal basic health care and and cutting costs (lowering the share of GPD health care consumes) are not mutually exclusive, IMHO.

    March 6, 2011 at 10:12 AM #673768
    briansd1
    Guest

    [quote=sdrealtor]Did you just jump party lines?[/quote]

    Not all all.

    I still believe in universal health care, especially basic preventive care for everyone in America.

    But I also believe in health care rationing and means testing. Those who want the best health care can pay for it out of pocket.

    Universal basic health care and and cutting costs (lowering the share of GPD health care consumes) are not mutually exclusive, IMHO.

    March 6, 2011 at 10:12 AM #674574
    briansd1
    Guest

    [quote=sdrealtor]Did you just jump party lines?[/quote]

    Not all all.

    I still believe in universal health care, especially basic preventive care for everyone in America.

    But I also believe in health care rationing and means testing. Those who want the best health care can pay for it out of pocket.

    Universal basic health care and and cutting costs (lowering the share of GPD health care consumes) are not mutually exclusive, IMHO.

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