Factors contributed to rising health-care costs in the United States. What are some of these factors? According to People Keep, nine reasons why healthcare is more expensive, “1. Medical providers are paid for quantity, not quality, 2. The U.S. population is becoming more unhealthy, 3. Newer healthcare technology is more expensive, 4. Many Americans don’t choose their own healthcare plan, 5. There’s a lack of information about medical care and its costs, 6. Hospitals and providers are well-positioned to demand higher prices, 7. Fear of malpractice lawsuits, 8. Inflation’s impact on the economy, 9. The U.S. population is growing older.” These are all plausible explanations for why healthcare is growing more expensive, and I totally agree with them.
“World War II was a time of great prosperity in the United States.” Is this true? Was World War II was a time of great prosperity in the United States? Yes and no. Let me show you what I mean.
During the war, there was an economic boom. According to The American Prospect, “During the war 17 million new civilian jobs were created, industrial productivity increased by 96 percent, and corporate profits after taxes doubled. The government expenditures helped bring about the business recovery that had eluded the New Deal.” So the War was good for the economy, but what about the people? With more products being spent on military equipment, there was less for the people to buy, and with people working for the military, there was less people to work at regular jobs. So the war may have been good for the economy, but not for the people.