Sunday, January 10, 2010

Healthcare costs will creep up, forever, because of normal economic inflation trends and new technological breakthroughs.

No one wants to remain sick or die. There is no way to “bend the cost curve” over the longer term. We should in fact embrace this growing demand, and through Smarter Tax Policy, pursue Universal Health Care for all, (with deductibles), and strive for the expansion of this sector.

This IS an economic engine and should be exploited!

An across the board national consumption tax will capture dollars which we can then redeploy back into the healthcare industry. This will drive demand, R&D, job growth and national economic prosperity. The demographics are ripe and the simple reality is we can not export our sick and aging population.
Attempting to conjure up ways to control a natural, national trend will be an exercise in futility. Instead, embrace this growing (business) sector and create new jobs.
Think about it!

Please visit this website to learn more about how we can grow our economy for the longer term.
We need a focused, disciplined, consistent and patient vision for our country. It starts with Smarter Tax Policy.

Happier New Year,

Hugh F. McCann Jr.

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