Jared Bernstein

five miles from where I live, massive houses on the Potomac that are owned by, you know, lobbyists for big pharma.

So by dint of making this an inelastically demanded good, if you need health care, you need it.

It's not shoppable.

You can't get in the house.

You can't go in the ambulance and say, wait a second, I'm going to call a cheaper ambulance.

You know, it's not shoppable.

It's

It's inelastically demanded.

And the prices are completely non-transparent.

You never really know what you're paying for anything.

And expect people not to have their hands in the health care cookie jar, which, of course, they do.

So there is a ton of work to be done there.

I, myself, along with Neil Mahoney, just wrote a piece on how to make health ideas that would make health care a lot more affordable.

They're out there.

We've seen other countries do them.

We should do them, too.

You're so right.

I mean, I'll push back a little bit on some of the things you said, but broadly speaking, you're exactly right.

And I actually, I think like you, when Republicans were saying during the shutdown debate about

you know, giving, you know, tens of billions of dollars to, in these premium tax credits to people so that they could buy, so that their premiums in the Affordable Care Act exchanges don't double.