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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (134170)5/29/2013 2:27:54 PM
From: ChinuSFO  Read Replies (1) | Respond to of 149317
 
A winning combination is when the private sector consisting of labor-management joint venture produces profits and the Govt. administers to ensure that the profits generated are for the general social well being (not welfare as we know it).

The private sector is seen doing well when they minimize expenses, increase profits.
The insurance companies have failed to minimize expenses since they spend 40 cents to the dollar for expenses, mostly goes to fatten the pockets of the CEOs. Those checks that we received in the mail from the insurance companies stands testimony to that.



To: Jim McMannis who wrote (134170)5/29/2013 8:36:16 PM
From: koan  Read Replies (1) | Respond to of 149317
 
That is such a myth. I was in government for 20 years and it was very lean! Underfunded.

<<
The private sector is seen doing well when they minimize expenses, increase profits. The Government sees itself doing well when they collect more money, spend more money and become more bloated.

That's the major difference. Now you see it. It can become very detrimental to the free market and economic well being of the country.


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