Kathryn Anne Edwards
๐ค SpeakerAppearances Over Time
Podcast Appearances
Well, the other conclusion is that, you know, health care as a sector is not... I would feel better about what's happening and just say, look, old people demand a lot of health services.
You know, people in general are demanding health services.
What worries me is just how poor performing the health care sector is, you know, when it comes to the job that it's supposed to do.
Americans pay a fortune for health insurance and they don't like it.
They don't like what they can access.
They don't like how much they pay for it.
They don't like how insurance works.
I mean, there's just there's so much dissatisfaction with this industry that from the lens of the macro economy, health care is adding jobs.
And that makes sense because we have an older population and we consume a lot of health care.
It's one sixth of our economy.
I think that it that type of thing.
role that it plays in propping up a market through what would be kind of recessionary periods blinds us to the fact that this industry has severe problems.
And I worry that its role of we still added 80,000 jobs because health care was added or health care added 82,000 jobs.
So we had a good report is really blinding us to the problems within this sector.
We're too afraid to look too closely at just how bad of a sector health care is on some pretty important metrics like making people healthier.
Well, two things.
One, it's bad and there's no way to spin it.