Friday, January 20, 2012

A Very "D'unh!" Moment

Over at The Conversable Economist, Timothy Taylor (no, not that Tim Taylor) makes a very simple, but very powerful point:

"[W]hen you see comments about how pay hasn't gone up much in recent years, one big reason is that health care costs are swallowing the gains."

And he's got the chart to prove it:

You really should read the whole thing.

And if you'd like a more detailed explication of how employers don't actually pay for any of your health insurance, click here.

[Hat Tip: FoIB Holly R]
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