In overhauling the failed Affordable Care Act, Republicans should focus on supply. It is an aspect of health care the left, right and center never address. We hear not a whisper about it in Washington this week, even as Republicans gleefully dismantle Obamacare.

The world’s economies, micro and macro, revolve around scarcity and abundance. Diamonds and gold are relatively scarce and therefore expensive and difficult for those of modest means to afford. Conversely, gasoline is so abundant in the United States it costs less in real dollars than in the early 1980s.

When federal regulations limited the number of phone companies, calls to neighboring towns busted the average consumer’s budget. In today’s post-monopolized telecommunications market, calls halfway around the globe can cost the same as dialing a neighbor.

In every aspect of consumer life, more of any service, product or commodity means lower prices and easier access. Unbridled supply is the oxygen of American prosperity. It distinguishes us from underdeveloped countries in which consumers barely access goods and services they need to survive.

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