US Healthcare System Doomed: Here’s Why…


Megan McArdle is an insightful, if rather “establishment,” economist. This recent column was, among other things, a startling look at how important healthcare jobs have become.

She observes that “everyone” agrees on two political positions: 1) government must do something to help the working class financially, and 2) government must do something to lower healthcare costs.

McArdle argues that the two positions are incompatible because the working class makes much of its income from the healthcare economy.

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