Friday, November 13, 2009

Why Place Your Bet On The Horse That Always Loses?

SEIU membership will grow under government run health care. Cost savings is a joke. Why Place Your Bet On The Horse That Always Loses? This is the basic premise of the article summarized as follows: We can also be certain that, to the extent that the Federal government undertakes ventures normally handled by private business, the result will always be inflation. Government projects inherently and inevitably are more costly and wasteful than those of private business, simply because private business has limited resources that must be employed effectively if the private business is to survive. The Federal government has what until recently has seemed a bottomless well of fiat money from the Federal Reserve.

Read the full article here.

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