Thursday, September 11, 2008
The Economic Policy Institute ran an interesting article on compared energy and health care costs, Not just gasoline: The sneakier squeeze on family budgets. The real squeeze on U.S. consumer pocketbooks is health care, rather than energy.
Spanning 2000-2008, health care costs outpaced energy costs by $50 billion. By 2008, households paid $370 billion more for insurance premiums, while energy costs had risen $320 billion.
So when you go to the voting polls, remember that one issue that you will be voting on is health care. Will you vote for McCain’s plan that includes an insurance tax credit for private health care, which would encourage competition in the insurance industry? Or will you vote for Obama, whose national health care plan will likely result in big bills to the American taxpayer.
Please leave comments. Best Rebecca Wilder