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President Obama Speaks on Health Care, the Post-Game

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Wendya9/09/2009 6:49:32 pm PDT

re: #345 arethusa

And did you notice, “profits” cut into “overhead”? I thought profits were what you had when overhead expenses had been paid.


Here’s the actual quote:

But by avoiding some of the overhead that gets eaten up at private companies by profits, excessive administrative costs and executive salaries, it could provide a good deal for consumers.

This is what happens when you elect someone who is economically illiterate.