Tuesday, May 6, 2014
On Crediting Medicare for the Increase in Life Expectancy
This is so typical of government; jumping to the front of the parade and then taking credit for it. Here are the facts, people. From 1930 to 1960, life expectancy in the U.S. rose from 59.7 years to 69.7 years, a 16.7% increase. Yes, the trend-line did continue to rise after that but the gains from 1960 to 1990 (from 69.7 years to 75.4 years) represented just an 8.2% increase. That's less than half, people, and, so, no, the government really shouldn't be pounding its chest all that much....Not that we can ever stop them of course.