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See, this is what happens when healthcare becomes the #1 industry. Healthcare in America might be the most inefficient industry (along with defense contractors, i'd reckon). The only way for it to keep growing is to extract resources from other sectors. Mark my words, as health becomes a greater and greater fraction of the US economy, the economy is going to get more and more sclerotic.

88 sats \ 1 reply \ @Scoresby OP 6h

Healthcare also has a bit of a trump card feel to it: who wants to be the one to say it costs too much to save (extend) this person's life, or that much needed procedure isn't worth the cost for you. There's always a way to phrase a call for new healthcare spending so that you can't morally say no to it.

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Which is a great reason why we should take as much decision-making out of the hands of the government as possible. Morally coercive rhetoric only works when we're trying to allocate communal resources; when each person decides for themselves, it isn't as effective.

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