Agreed, this is mostly unsupported conjecture, but I think people underestimate how far mitigating healthcare costs would go. Since healthcare costs can be unpredictable (a sudden severe injury, or even just the opacity of health insurance) and costly, they force people to maintain more savings, take less risk, and generally constrain freedom as economic actors.
Do away with, or at least reduce, this bogeyman and I wonder how much economic activity we’d unlock.
Do away with, or at least reduce, this bogeyman and I wonder how much economic activity we’d unlock.