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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (39886)6/14/2000 10:49:00 PM
From: LLCF  Respond to of 42523
 
<If you're adjusting pension payouts or salaries without allowing that the basket grows larger>

Hence the whole todo about drugs and Medicare coverage... all the new drugs [which of course everyone is entitled to] explode the cost of drug coverage. And I've got news, it's JUST STARTED. The stuff coming down the pipe out of biotech is mindboggling. But not to worry, they don't REALLY add to inflation because they are essentially 100% innovation and therefore the whole cost goes to productivity growth.

DAK