Rumors are, health care is about 16% of our total GDP. One of the few things that politicians and their constituents seem to agree on is that costs are too high.
So, let's say that the folks in DC reduce health care costs by half - making health care more affordable.
Little problem. Our GDP would suddenly drop by 8%, leaving about 12 million people suddenly unemployed.
People holler about debt and forget that for every dollar of debt there is a dollar of assets.
People holler about costs and forget that for every dollar of costs there is a dollar of revenue.
There will be no sweeping change in health care. It threatens too many jobs and businesses. What we can hope for is coverage for everyone and then incremental cost containment.
The most important thing we could do to contain health care costs, though, has nothing to do with health care. We need to grow new sectors, new industries, that make health care a relatively smaller and smaller portion of our economy. The way to make health care more affordable is to generate more revenue from outside of the health care industry, revenue that can be used to pay for health care.
We aren't just dealing with a health care system. The health care system is, itself, a part of a larger system. Lose track of that and "solving" the health care problem seems nearly impossible.