You didn't answer the question. What makes you think it is going up too much?
In a couple of years the amount of money spent on green technology will have doubled or tripled. Will it have gone up too much? Or will that just mean that people wanted to spend more money on green products and they completely got their money's worth? Will that just mean that the green industry is a better place for people to spend their money than coal?
Growth in health care spending is expected to be about 6.7% annually. Why do you think that is high? We have heard that it is higher than inflation but inflation is of course at a very low rate because we are in a recession. Often inflation is higher than that which would mean that the growth in health care is lower than the typical growth in inflation. Then we could compare it to other industries. How many industries do you think are growing faster than health care? And how many of them are offering new innovations and better service all the time.
Then of course who is to say that the growth in health care will remain unchecked? It certainly will be checked if we stifle innovation and reduce care neither of which we want to do. But it could be checked appropriately if we restore market forces.
So again I ask why do you think it is growing too fast?
Where did that 6.7% figure come from? The rise in the cost of health care has been a lot more than that for some time now. I can remember years in which our health insurance costs doubled, followed by a 20% increase. If costs had been held to 6.7% for the past couple of decades, we wouldn't be facing such a challenge today. Has something happened to magically lower the increases to single digits?
I used to be involved in labor negotiations. The main issue was not salary increases, but how to pay for health insurance increases. No one was asking for a double digit salary increase, but health insurance went up that much every year for a while, and there was no negotiating it. Either the employer or the employees, or generally both absorbed the increase.
That's why I say that the costs are going up too much.