Federal Health Spending In Metropolitan Economies
19 September 2004 - 9:00am
On a metropolitan basis, health care costs, a significant burden to all levels of government, also represent a substantial economic input and potential leverage for improving job growth and wages.
"Federal health expenditures annually provide billions of dollars to metropolitan economies in the United States. These expenditures support vital healthcare services and have contributed to the development of numerous health services assets in metropolitan areas, including jobs, years of steady sector job growth, relatively higher wages, and multiplier effects that generate billions of additional dollars in local economies.With these benefits, however, come well-known burdens."
Source:
The Brookings Institution, October 25, 2005
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