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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (6060)	2/12/2009 10:52:18 AM
From: TimF	Read Replies (1) \| Respond to of 42652

Intel hires contractors to build it's fabs; the engineers don't stop designing chips to hang drywall. Exactly. You help support my point, that using Intel and roads as an example of where the government is more efficient is a bad example, since they are both able to higher contractors, and its contractors who actually do the work. Well you have to add in 'dead weight loss" when any company raises funds, through the private of public markets. Might be more, might be less than taxation. That dead weight loss is close to zero. If Intel sells bonds, only people who want corporate bonds will buy them, there isn't any severe distortion as people aren't compelled to buy them or penalized if they don't. Also Intel doesn't give higher interest to people who jump through a bunch of hoops put in place for politically favored constituencies (the government doesn't do that with its bonds either, but it does it with the tax code). There is the interest cost, but government pays interest as well, and also interest isn't dead weight loss, as it goes to the bond holder, its a transfer not a loss.