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A comment on Do the Rich Capture All the Gains from Economic Growth?. Parent comment

Re:Do the Rich Capture All the Gains from Economic Growth? by beat on Thursday October 25, 2018 @04:55PM (#18304507)
A quick look at education numbers finds that, since 1988, the cost of private four year college has doubled (in inflation-adjusted dollars), and the cost of state four year college has tripled.

Again in constant dollars, health care has seen a more than fivefold increase since 1970, from under $2000 to over $10,000 per capita. Constant dollars, mind you.

Health care and education costs are more or less fixed and unavoidable. They're more like fees than taxes, flat no matter the income.

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Re:Do the Rich Capture All the Gains from Economic Growth? by TuringNYC on Thursday October 25, 2018 @06:57PM (#18305353)
>> Health care and education costs are more or less fixed and unavoidable. They're more like fees than taxes, flat no matter the income.

Flat if you are lucky enough to be healthy. Enormous once you actually have an issue, like a complicated pregnancy, or something that requires an MRI.

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Re:Do the Rich Capture All the Gains from Economic Growth? by gowld on Thursday October 25, 2018 @10:17PM (#18306253)
Health care is amazingly better now than it was for our parents.
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Re:Do the Rich Capture All the Gains from Economic Growth? by spectrum1234 on Thursday October 25, 2018 @11:10PM (#18306460)
It's too good.

You can't pay less to get the world class care of ten years ago. Name one other sector you can't pay less for lower quality

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Re:Do the Rich Capture All the Gains from Economic Growth? by beat on Friday October 26, 2018 @09:41AM (#18309088)
Health care in the US costs twice as much as any other modernized nation, for worse results in many key measures (particularly no universal coverage, and high financial risk to individuals even with good insurance).
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