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Politics : Formerly About Advanced Micro Devices

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To: bentway who wrote (839414)2/26/2015 12:32:58 PM
From: i-node  Read Replies (1) of 1577095
 
>> You remind me of the IBM exec that predicted the US would need 10-13 computers, but no more than that.

How so? I support private enterprise because they consistently outperform government regulation. That Mr. Watson's [supposed] quote was wrong is no reflection on me.

Business will almost always make better decisions than government when it comes to allocation of resources. Consider that only a few years ago we were told a key problem in health care is use of emergency rooms by the uninsured. Government steps in to solve the problem. And today, we have MORE people using emergency rooms, even if insured, because doctors won't see them due to insufficient Medicaid reimbursement rates.

It is a perfect example of what happens when government tries to "solve" problems.
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