3min chapter

Dwarkesh Podcast cover image

Garett Jones - Immigration, National IQ, & Less Democracy

Dwarkesh Podcast

CHAPTER

Are You Expecting the Welfare State to Shrink?

Are you expecting the welfare state to shrink either in quality or quantity over time? I mean, if America's still getting say 1%, 1 and 1 half percent rich each year, then that by itself means that. That adds a certain level of quality to health care over time. And so basically, if it if it ends up staying the equivalent of say 0%, that by itself, you get health care spending in real terms of the 0%.

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