SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Actual left/right wing discussion -- Ignore unavailable to you. Want to Upgrade?


To: cirrus who wrote (97)9/6/2006 12:29:20 PM
From: TimF  Read Replies (1) | Respond to of 10087
 

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.