Nationalized health care and government involvement in
medical care promised to improve the public's "quality
of life." Unfortunately, the cost of maintaining
government medical care was a contributing factor to
the growth of the national debt, which reached
astronomical proportions. Double and triple digit
inflation crippled the economy, resulting in the
public demanding that government cut expenses.
This precipitated the 1939 order to cut federal
expenses...
medical care promised to improve the public's "quality
of life." Unfortunately, the cost of maintaining
government medical care was a contributing factor to
the growth of the national debt, which reached
astronomical proportions. Double and triple digit
inflation crippled the economy, resulting in the
public demanding that government cut expenses.
This precipitated the 1939 order to cut federal
expenses...
Triple digit inflation? At the end of a depression? With wage and price controls?
Medical care was a major bugetary factor when the government was conducting a rearmament drive?
This is all news to me and has my horse hockey indicator going off. Perhaps some German speaker can enlighten me since I don't have access to many economic sources on Germany, in English.
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