I liked it up until the part about cost-cutting: > Which brings me to my problem with the president’s plan: despite being an admirer, I just don’t see how the

I liked it up until the part about cost-cutting: > Which brings me to my problem with the president’s plan: despite being an admirer, I just don’t see how the president can pull off the reform he has in mind without cost cutting. This suffers from two fallacies - the first is that this is not a zero sum game. We may spend just as much on health care but get more value for the dollar and thus live healthier lives and thereby be more productive. The second problem is the "broken window" fallacy. Doing unnecessary healthcare is a not a reasonable thing to keep people employed. If you take that money out of healthcare it won't just vanish, it will go elsewhere and be productively employed to generate real value for the economy. Far from being a problem with the plan it is the most powerful argument in it's favor.