One word: Solyndra. What a way to run a company.
Which brings us to the $16 muffin, the tip of the iceberg.
The lesson of government waste, whether on $16 muffins or $535 million loan guarantees to solar power companies or $48 billion in “improper” Medicare payments, is one worth relearning every day.
Managers whose budgets do not depend on customer satisfaction and who do not face competitive pressure in the marketplace, will not, on balance, spend their money wisely. Vendors selling to those managers know that price matters much less than it does to, say, Wal-Mart. And anywhere there is political urgency and official involvement high up the command chain, conditions will begin resembling a gold rush.
(emphassis added – Ed) … and yes the article goes on to state that spending is a bi-partisan problem. No argument here. More links to government spending corruption and incompetence.
TELL ME ONE MORE TIME WHY YOU WANT THE GOVERNMENT RUNNING HEALTHCARE?
Heck, this new blogger editor is a pita. And a big h/t to Instapundit, wouldn’t want anyone to think I’m capable of an original thought or anything..
