Why the failed pharma-based healthcare system is bankrupting America

Tuesday, April 5, 2016
By Paul Martin

by: J. D. Heyes
Tuesday, April 05, 2016

Natural News has regularly covered the chronically flawed Affordable Care Act, from the lies the president and the law’s supporters told the American people in order to justify passing it, to the epic failures of each Obamacare pillar.

With that said, then, it should not come as a surprise to many that over the past year, spending on healthcare was the second largest consumer of private funds, voraciously vacuuming up some $1.9 trillion in real dollars. More importantly, noted Zero Hedge, for U.S. economic growth, such as it was, healthcare spending was the biggest source of incremental costs by almost a factor of two.

As further noted by the Washington Free Beacon, health insurance premiums rose faster than wages and inflation in recent years, climbing an average of 28 percent from 2009 – President Obama’s first year in office – to 2014, despite the enactment of a law that was supposed to trim healthcare spending and cut average consumer premiums and other medical costs by $2,500 a year (see that lie repeated often here). This is according to a newly released report from Freedom Partners.

‘More disposable income is being consumed’

The Rest…HERE

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