Wednesday, March 27, 2013

Government Health Care Costs

                     
It stands to reason that government has a disadvantage in cutting costs. Politics finds it easier to hire than to fire. Voters you fire will not vote for you again. Politics finds it easier to overpay. Especially when government jobs are unionized.
                       
Has any government ever run efficiently? The Post Office is an example. Also consider our experience with Medicaid and Medicare. How they have botched efficiency and costs of that forerunner to ObamaCare.
                       
If the cost of Medicaid and Medicare have gotten so far out of hand, beyond their original projections, how can we believe the health care savings fantasies of the future? (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

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