Much of the angst over rising health costs has focused on the hardship they inflict on patients, as well as state and federal budgets.
But The Wall Street Journal points out another victim of ballooning medical costs: The rest of the U.S. economy.
As the share of Americans’ income devoted to health care increases, the amount left to spend on other things naturally declines. As a result, everybody in the business of selling something other than health care is feeling the pinch.
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