Frogwatch wrote:
On Aug 10, 11:05 am, H the K wrote:
wrote:
On Mon, 10 Aug 2009 10:22:11 -0400, H the K
wrote:
Frogwatch wrote:
On Aug 10, 10:09 am, Frogwatch wrote:
After the recent shortages in Cuba and Venezuela, Obama has announced
an initiative to stockpile a vital commodity so as to be able to send
stocks to areas experiencing shortages so as to prevent civil unrest.
"The STPR will provide a cushion against any market bottom and in the
end we will all appreciate this reserve" a whitehouse spokesman said.
Our new Strategic Toilet Paper Reserve will be located in New Orleans.
The point of this post is that whenever the govt tries to run the
economy, it fails. Cuba, a country that produces vast amounts of
sugar actually has sugar shortages. They could process all their
sugar cane waste into pulp to make toilet paper but of course there is
no incentive so they now have shortages. Iran, nearly drowning in oil
actually has gasoline shortages because the govt runs the industry
there. The same is true of Venezuela, shortages of fuel. The Soviets
were great at building BFR (Big Fokkin Rockets) but were unable to
make any necesary consumer products. Government running of large
portions of an economy has been tried many many times and has always
been a miserable failure so we really do not need to do the experiment
again.
Yeah. Medicare is a big failure. Right. D'oh.
Medicare is a good demonstration of how expensive government medical
care is tho. They spend 3% of every wage earned in this country,
covering about 15-16 % of the population and they are going broke
doing it. The people covered still need supplemental private
insurance.
All you are doing here is pointing out areas where Medicare can be
improved.

Yes, Medicare is a failure with a 30% fraud rate.


snerk

Well, that's a bit higher than the rates I've seen.

And who is committing most of the fraud?

Providers in the private sector.

The fact there is some fraud does not make medicare a failure.