So let me get this straight. The Commerce Department, a Federal Government Agency, reports that health care spending makes up 20.6% of an American family’s annual spending.
The Bureau of Labor Statistics, another Federal Government Agency, reports inflation figures on a monthly basis. They provide a weight to each spending item in their CPI calculation. According to these boobs, medical expenditures only make up 7.716% of an American family’s annual spending. Ain’t that a hoot. The only thing funnier is their contention that medical expenses only went up 2.6% in the last year.
Which government boobs should I believe?
Oh yeah. Their job is to mislead, misinform, confuse, obfuscate, and lie. Don’t believe anything the government peddles. It’s nothing but propaganda, designed to keep you docile while you are fucked seven ways from Sunday.
Share of consumer spending on health care hits another record
WASHINGTON (MarketWatch) — The percentage of money U.S. consumers spend on health care rose in 2014 for the third straight year to another record high, according to one government measure.
Some 20.6% of total consumer spending in 2014 was devoted to health care, including prescription and over-the-counter drugs, annual figures from the Commerce Department report on personal expenditures show. That’s up from 20.4% in 2013.
Health-care expenses has been rising for decades regardless of government efforts to control costs. The percentage of consumer spending on health care rose from 15% in 1990, topping 20% for the first time in 2009.
