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Overnight Open Thread

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HeelBearCub1/26/2010 10:38:14 am PST

re: #768 soap_man

Maybe not, but as you stated, not all government agencies are well-run.

Here’s the rub: If that government program isn’t well-run and is wasteful, that is very difficult to change. They just ask for more money, which they usually get.

If a private company isn’t well-run or efficient, they just fail and are replaced by a better company.

However, a private company doesn’t have to serve the public good, they only have to be profitable. So health insurance companies can do all sorts of cruddy things, and still stay profitable, and in business.