Health Care Reform Could Make The Economy Sick
In the article "Damn the deficit, go for growth" (Economic Viewpoint, Jan. 18), I find it hard to understand why most economists separate the health-care system from the economy in regard to growth. I can only imagine what the degree of the latest recession would have been if not for the continued growth within the health-care industry. The dollars that are expended in health care do not evaporate into a vacuum. They are spent to employ workers and often go to build, maintain, and develop those facilities that will be delivering health care in the future.
The Clinton Administration should carefully consider that its plans for reform of the health-care system may actually stagnate economic growth and result in a ballooning of the deficit.
Edward J. Bednar
Charlotte, N. C.