H. Woody Brock, Barron's America's biggest economic problem today is health care. Health care is consuming more than 18% of GDP and, if...
H. Woody Brock, Barron's America's biggest economic problem today is health care. Health care is consuming more than 18% of GDP and, if unchecked, that number could grow to 35% by midcentury. It could bankrupt the government and lead to economic collapse. The Supreme Court has upheld most of the Patient Protection and Affordable Care Act — otherwise known as Obamacare — but the new law isn't the right solution. In spite of its laudable objectives, the administration's health-care initiative most likely will make the problem even worse. Read More
