Exactly... and it's those costs that need to get busted out of the system.
But they can't be.
They could be removed from the system, but they can't be removed, they are just paid for by someone else.
From the blog post - "For starters, the private sector--whether they be charities or corporations--has to collect and track the money they spend. So does the government--but unlike the private sector, that figure doesn't get charged off against, say, Medicare; it gets charged to the auditor's office, the IRS, the Treasury, the justice department, and so forth. (Social security does track the money you send them, but the IRS, not their legal department, is the enforcer.)"
In other words Medicare is "efficient", because not all of its costs are counted against it. The fact that the costs are not factored against it doesn't mean they aren't real costs. |
