Healthcare Inflation Running 50% Higher Than Core Inflation (PCE)

by Anthony B. Sanders
Anthony B. Sanders’ Blog

Core personal consumption expenditures clocked in at 2.8% for June. However, healthcare “inflation” is running at 4.2%, or 50% higher than core PCE inflation.

[…] Healthcare spending is expected to grow to infinity … and beyond. Along with net interest on Federal debt. Everything else is crowded out.

[…]Well, ain’t that a kick in the head. Or wallet.

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