Dismal U.S. Life Expectancy Trend Reflects Disconnect Between Dollars Spent On Healthcare And Value Produced

Long before the Covid-19 pandemic struck, there were signs of structural inefficiencies and comparatively mediocre outcomes in the U.S. healthcare system. Most worrisome was the fact that decades of ever-rising healthcare expenditures haven’t led to a concomitant improvement in value, measured in terms of mortality and morbidity outcomes.

In recent years U.S. deaths from Alzheimer’s, diabetes, suicides, stroke, and even heart and lung diseases have been rising at alarming rates. Furthermore, deaths from unintentional injuries, including drug and alcohol overdoses, have soared.

With the exception of a very small (0.08%) increase in 2019, life expectancy in the U.S. has been falling since 2014, as the figure below shows. And prior to 2014, for several decades, the slope of the life expectancy curve was relatively flat. This is a trend not seen in any other Organization of Economic Cooperation and Development (OECD) nation.

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The Serious Disconnect Between A Hot Residential Real Estate Market And The Coming Tsunami Of Foreclosures

Various reports show that the market for previously-owned homes climbed nearly 10% in September, the fourth straight monthly increase. It is not just sale volumes that are high, but the price of homes is showing double-digit gains. If you just look at volume and prices, the U.S. residential real estate market looks as rosy as every, spurred on by very low interest rates from the same Federal Reserve which once-upon-a-time was tasked with preventing bubbles above all else but during the last three decades has arguably been the chief cause of them. That’s the sunny side of the street.

The shady side of the street is much different. Mortgage delinquency rates are at a 20-year high ⸺ worse than the 2008 high if that tells you anything (and it should), and there are predictions that at least two million mortgages will

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