Originally Posted by petegz28
Ok, so let's look at the healthcare bill. It mandates that insurance companies spend what, 80%-85% of their revenue towards health care?
This comes from a government that wastes approximately 56% of the money they take in. Yes, the same people telling a private company they have to spend .80-.85 of every $ they make on a particular expenditure, wastes .56 of every $ they take in.
It was just a disucussion I had with a co-worker today about how the Fed Gov can't balance their own books but they think and a lot of people support them thinking they know better how to run everyone else's life.
Where do you get the 56% figure? Seems like "wastes" would be kind of hard to define.
The line about the Fed Gov not being able to balance its books is weak. It is not a household, and it is not a business. The continued analogy is ridiculous.