Can You Figure Out This Puzzle

Tyler Cowen posted this graph of health care expenses as a percentage of GDP today and asked “What happened in 1980?”

1980

I’d ask not only what happened but why did it apparently cause U.S. expenditures to continue rising at a rate in excess of other economies’?

Anyone care to offer some thoughts on this one?

Related Posts

You can leave a response, or trackback from your own site.

Leave a Reply