Our Incurable Disease

摘要

Question: if medical care costs rise 15% per year at the same time that wages rise 3% per year, and medi cal care currently accounts for 16% of total consumption, how many years would it take before medical-care costs account for more than 50% of total consumption? Answer: 10 years. Now, you and I know that the average consumer is not going to be handing over 50% of his or her total income for medical care 10 years from now. But there's nothing wrong with the compound arithmetic. So the answer must be elsewhere.