General Discussion
In reply to the discussion: The Money People Will Save From ACA Will That Be A Stimulant..... [View all]TheKentuckian
(26,314 posts)I also think the argument fails on its own terms. It isn't apples to apples even though the topic is inflation because individual income and systemic costs aren't the same thing.
Folks can't spend savings to Medicare nor can one glean savings from a reduction in a specific segment when the segment has multiple the rate of normal inflation. That is why "bending the curve" is universally seen as critical, health care costs are choking the economy and a big chunk of the current dollars are being sucked from elsewhere.
There may be a thought here but it isn't really operative here unless medical inflation dips below regular inflation so more actual buying power is generated rather than systemically reducing it due to cancerous growth levels.