Sunday, December 21, 2014

Government Costs

  
                     
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 just one example. Also consider our experience with Medicaid and Medicare. How they have botched efficiency and costs of 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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