By the Numbers

By the Numbers

Rising healthcare costs are killing wage increases.


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.

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