Yes, healthcare spending accounted for 40% of GDP growth in Q4!
With that we are happy to have unmasked the two great mysteries of the US economy in recent history: the first being why there is no wage growth, which as we showed previously is because all the wage growth was going to the 20% of the workforce that is supervisorsand bosses. For everyone else: better luck in a next life where you too get to "supervise."
Read the rest here...