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Originally Posted by guihong
Besides that, I cannot think of a single area in which government has gotten involved (housing, education, health care, Amtrak) and costs have not ballooned along with beauracracy. The government is simply not efficient or cost-effective compared with privatization, so while I do say we need some regulation, it's government regulations passed on the banks that caused the high fees and shenanigans in the first place.
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You’ve got to be kidding. Government regulations caused the economic disaster we are facing now.
Just consider the horror that privatizing prisons have caused. And in case prisoners are not worthy of concern how about private group home providers for children in foster care. South Dakota has become a powerhouse for private group home providers. NPR investigated them because of the inconsistencies in removing Native American children as well as complete disregard for the Indian Child Welfare Act. Native American children make up 15% of the child population, yet they make up more than half of the children in foster care.
Like any instance where Corporate America is involved the object is to maximize profits while providing minimum service. There is certainly no incentive to surpass the service provided by government. Corporate America will always do less while making obscene profits. I mean seriously look at the mess they made with the economy. They are cheerfully destroying financial stability around the world. And because they’ve done such a good job with the economy you want to put them in charge of education.
But then it was regulations the government passed that caused the problems.
I guess there really is no hope.
I give up.