Daily Chart: The Health Care Administration Blob // (Steven Hayward).
In the event you see a chart that aggregates long-term inflation trends by simply sector, you will know that the a couple of sectors that have seen the best cost increases over the last three decades are health care and degree. What does each sector contribute? Both are dominated by federal government spending and regulations (especially subsidize student loans for larger ed). In other words, market makes that might discipline both areas were obliterated. Last week, all of us
