While reading the New York Times (NYT) this past Sunday (What? You don’t?), I was struck once again how the law of unintended circumstances comes into play. [Ed: This was written 3 June 2012.] The Times’ front page article headline read: “The $2.7 Trillion Medical Bill”, which really focused on just one medical procedure- colonoscopic exams.
We are having our babies older than we used to. Which is why our population is not increasing. (As a matter of fact, it was just announced that there were more deaths than births for soon-to-be minority majority Whites in America.) Because the longer we wait, the less likely we will have our (old) average of 2.2 children per family. Even that wasn’t “self-replicating”, with 2.33 children per family- which keeps the population stable. Right now, US families are averaging just over 1.9 children per family. Continue reading
We discussed uncompensated care a few days ago, where I mentioned the variation in health care costs across the US. But, is that variability related to the cost of living in the various regions of the US? Or, is it attributable to the relative health of folks in various regions?
We all have heard (or read) how middle class wealth has been devastated over the past quarter century. Even now, as the economy seems to be perking up, it’s only the very wealthy that are seeing those gains. Mostly because the stock market is way up (interest rates are so low, it’s the only place for the wealthy and the retired to park their funds)- and housing has still not recovered (which is where the bulk of middle class wealth is found) to those pre-2009 levels.
Lately, data are indicating that the seemingly inexorable rise in our health care costs may be attenuating. Is this real? Or, just an artifact? Given that there are large variations in health costs across the US, what does this trend mean for our local, state, and federal taxes. And, given that these difference in regional costs will become exacerbated as more (Republican) states refuse to run their own health care exchanges, some of us are in for additional costs.
With all the hoopla about Obamacare (PPACA is its real acronym), one would think that it would be a total failure. But, even as a certain party keeps sniping at it, cutting funding, it’s making a difference in our health care.
I am always amazed (annoyed?) at the innumeracy of the American (ok, the world’s) populace. It’s one of the ways polemicists can convince folks of certain “facts”– even when there is no logic behind their words.
I decided that if learning form failure is a good idea, then we all can learn “oodles” from the stupidity and ineptitude of the Wall Street Journal. I share the ‘experience’ here.
It’s that time of year again. Where every Senator, Congressman, Businessman clamors for tax reform. Which really is never about tax reform, but about making the playing field more beneficial for someone (their special someone).
Cal Ripken. Baseball’s “Iron Man”. He played for a team that I never followed- nor one I liked. But, Cal Ripken is someone I admired- not just because he played day in and day out- but because he represented all that is honorable in sports.
