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Rising healthcare costs are killing wage increases. From 1980 to 2007 the average cash income for the vast majority of Americans (the bottom 90 percent) increased only $2,697, to $33,321. Healthcare spending per household rose more than three times as much, increasing $8,797, to $15,369, according to the Centers for Medicaid and Medicare Services. Household healthcare spending now equals almost half of the average income of the vast majority of Americans.
design by Lloyd Miller
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