Brant Jones wrote >>
So help me understand where I'm wrong. Health care (doctors, hospitals, medicine) might be limited in supply, but the pool of money that makes up health insurance can grow without limit. Right? What is the flaw in my thinking here?
First, the supply of money is limited, too. It can grow in the sense that the government can print more of it, but that dilutes the value of all dollars in circulation. Even with respect to existing money, any of that money that gets diverted to insurance has to come from somewhere, whether it's through taxes or directly from insured persons.
Second, to the extent there are flaws in America's health care system, it is not for a lack of money. I'm quite comfortable with the fact that we spend more on health care than other countries because I do think we get our money's worth for it; I've had miserable experiences in foreign countries' health care systems, and it's no secret that many patients with the means to do so come from those countries to America when they need care that can only be provided here. Cost control, however, rather than the need to throw more money into the system, has been a primary focus of the public debate here.
Third, your comparison between money and doctors was flawed not because money and doctors are different things, but because you compared money in the long term vs. doctors and hospitals in the here-and-now. You said the supply of money "can grow without limit." Even were that true, it is not true that the supply is currently unlimited. By contrast, the supply of doctors and hospitals can likewise grow over time, too, and, indeed, increasing that supply might be one of the few ways to actually control health care costs.