The Overextended US Health Care System

Something’s gone awry with the U.S. health care system. We admit, this is a little off our beat, but charts like this leave us scratching our heads:


Given our grotesguely overgrown Medicare entitlement, we suspect Washington is going to start looking into this paradox soon. As we’ve noted before, whenever confronted with a coming debt crisis, President Obama almost always diverts the discussion to health care reform. Whether his approach will work or not, we’re no experts… but something’s got to give here. According to the Congressional Budget Office, $2.5 trillion will be spent to keep America “healthy” in 2009.

The Daily Reckoning