Wednesday, May 26, 2010

Waste, Fraud and the Truth

The government is inherently wasteful in its spending.It has no incentive for cost cutting.The less it spends,the lower its budget will be the following year and the lower the staffing.The more it spends,even wastefully,the higher its budget and spending.It is the opposite of the private sector where the incentives are for cost-effective spending.

Government overspending is very effective at paying people.

Health care spending should come down some. Negotiating with the drug companies will help.

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