An Analysis of Government Waste and the Failure of Socialized Medicine
By Libertarian, published May 24, 2007
Published Content: 97 Total Views: 73,305 Favorited By: 2 CPs
The US government has a lot to learn from the private sector. Government bureaucracies are the most inefficient organizations in the entire world. Just consider that the US government cannot account for billions of dollars spent on the Iraq war. How on earth do a group of accountants overlook billions of dollars? Corrupt companies and rogue governments have many similarities. There is greed and laziness involved. Therefore, companies and governmental organizations should be held to the same standard.
Public employers are inefficient because they do not have competition breathing down their necks. Accountability is low in public sectors because there is less of a chance of a coddled public employee getting fired. It is no surprise that government bureaucracies are inefficient and wasteful in the use of money.
Centralized planning a public activities causes a loss of oversight of what is really going on in the trenches. On the other hand, nimble modern private companies know when an employee sneezes. The US government should follow this example.
Many would argue that public bureaucracies should be replaced by the private sector. Then once these private companies takeover activities they can be audited by a watchdog group. So the ultimate answer may not lie in making public bureaucracies more accountable but in taking the initiative to close them down and replace them with nimble businesses in the private sector.
Socialized medicine would be a disaster:
Socialized medicine is not all its cracked up to be. If you talk to some people from Canada they will tell you that they do have access to medical care but the quality medical care is lower than that of the US. Any form of socialism is doomed to lower quality whether it be "free" medicine, housing, or an inefficient public education system.
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