The Number One reason why people go bankrupt in America is Medical Expenses. And it's been this way, for quite a few years.
Top 5 Reasons Why People Go Bankrupt
The outrageous skyrocketing cost of healthcare is not good for the welfare of this country.
From the Constitution: GENERAL WELFARE CLAUSE. Article I, section 8 of the U. S. Constitution grants Congress the power to "lay and collect Taxes, Duties, Imposts, and Excises, to pay the Debts and provide for the common defense and general Welfare of the United States.
It's been Congress's duty to control a threat to the welfare of the United States, such as the threat of healthcare costs to the financial health of the country. Unfortunately, Congress (and the presidency) are in the back pocket of the healthcare industry.