USATODAY: The Government-Funded Hospital Boom Is Bursting

On an “ideological” level, I mostly find Megan McArdle far too “establishment” to say I like her. But she does have some real skills in economic analysis. Because of her, I wasn’t surprised at all at the recent USA Today headline: “A Job Engine Sputters As Hospitals Cut Staff.” Hospitals, a reliable source of employment growth in the recession and its aftermath, are starting to cut thousands of jobs amid falling insurance payments and inpatient visits. The payroll cuts are surprising Read more […]