Mises Wire
Author:
Jacob G. Hornberger
Online Publish Date:
In a December 1 article entitled “ Yes, Americans are Feeling the Squeeze. It’s Coming from Health Care ,” Washington Post columnist Robert Samuelson points out that “In the early 1960s, before Medicare and Medicaid, which were enacted in 1965 , health spending was about 2 percent of federal outlays. Now it is nearly one-third, at $1.3 trillion.”