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So...Recession?
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<blockquote data-quote="SLE" data-source="post: 366803" data-attributes="member: 3889"><p>You do realize that 55% of the US population is over the age of 35, and 33% is over the age of 50. The boomers are at retirement age and the older gen x's aren't far away. Health care is going to be in high demand for the next 30+ years. So you have a high percentage of population leaving the work force creating a void of workers and a steadily increasing demand compared to 15-years ago; and this is simply based on age demographics. Healthcare IS nearly recession proof. It's kinda like being a mortician, people will get sick and people will perish, it's the cycle of life. </p><p></p><p>Although inflation has it's affect on what elective and required healthcare people may seek, it's not like the purchasing of typical goods, services, real estate or commodities that can be completely shut off due to a financial stress. Comparing to 2008 when high unemployment rates had the potential to create a situation of having less health insured people, in 2023 everyone is insured via their employer or the government (so long as the government doesn't collopse), thank you Obama. Although it can be terrible work, and I don't envy any health care worker, it's one profession that is very consistent and as about as recession proof as a profession can get. </p><p></p><p>Yes, if your a Botox tech, working for an aesthetics clinic, or associated with a practice that doesn't take insurance, your clinic may slow significantly.</p></blockquote><p></p>
[QUOTE="SLE, post: 366803, member: 3889"] You do realize that 55% of the US population is over the age of 35, and 33% is over the age of 50. The boomers are at retirement age and the older gen x's aren't far away. Health care is going to be in high demand for the next 30+ years. So you have a high percentage of population leaving the work force creating a void of workers and a steadily increasing demand compared to 15-years ago; and this is simply based on age demographics. Healthcare IS nearly recession proof. It's kinda like being a mortician, people will get sick and people will perish, it's the cycle of life. Although inflation has it's affect on what elective and required healthcare people may seek, it's not like the purchasing of typical goods, services, real estate or commodities that can be completely shut off due to a financial stress. Comparing to 2008 when high unemployment rates had the potential to create a situation of having less health insured people, in 2023 everyone is insured via their employer or the government (so long as the government doesn't collopse), thank you Obama. Although it can be terrible work, and I don't envy any health care worker, it's one profession that is very consistent and as about as recession proof as a profession can get. Yes, if your a Botox tech, working for an aesthetics clinic, or associated with a practice that doesn't take insurance, your clinic may slow significantly. [/QUOTE]
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