Here is an indicator of what we are in for:
- Health care was 23% of the MA state fisc in 2000
- It was 25% in 2006 (when RomneyCare was passed)
- But it has climbed to 41% for 2013
- On current trend it will roll past 50% around 2020—and that best case scenario assumes the current Governor's price controls work as planned. (They won't.)
In real terms the state's annual health-care budget is 15% larger than it was in 2007, while transportation has plunged by 22%, public safety by 17% and education by 7%.
Today Massachusetts spends less on roads, police and schools after adjusting for inflation than it did in 2007.
Full text: http://online.wsj.com/article/SB10001424127887323968304578249694095831444.html?mod=googlenews_wsj
