Hacker News new | ask | show | jobs
by PeterisP 3598 days ago
When we consider that "life has gotten cheaper" then looking at 2005-2014 is rather counterproductive, since the big changes there were before 2000; at least I was talking more on the scale of 100 years than 10 years which has rather different trends.

Also, the healthcare price increase is mostly by changing the "basket" of what we mean by "healthcare" - if we compare current healthcare with e.g. 1916 or 1966, then it's much more expensive but mostly because healthcare now includes expensive procedures for ailments that simply would not be treated back then other than painkillers to ease the death.