Medicaid and Medicare: Examples of Mismanagement

If you want an example of poorly operated government, look at Medicare and Medicaid.

Congress created both in 1965, Politicians kept expanding benefits, while talking about controlling costs. But costs keep skyrocketing.

This cannot happen in private business because of the specter of bankruptcy. But government intervention prolongs losses and makes matters much worse and expensive. As long as taxpayers continue to pay the bills. Eventually enormous amounts have to be paid.

This same government failure, as we see with fraud-infested Medicare and Medicaid, is on the menu for the U. S. with ObamaCare.