Should the Fed Gov have to follow orders they give others?

[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.

[BucEyedPea]

yes

[J Diddy]

I get your point and I can say I agree. I also think most agree that it needs to be cut. I think the sticking point is what needs to be cut and how drastically.

However, why do you think that rule is in place?

[petegz28]

Originally Posted by J Diddy

I get your point and I can say I agree. I also think most agree that it needs to be cut. I think the sticking point is what needs to be cut and how drastically.

However, why do you think that rule is in place?

Why is that rule in place? Because it sounds good. Nothing more, nothing less. When the government can start dictating how much money a company has to spend on something particular then you are starting down a very slippery slope.

[cosmo20002]

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.

[petegz28]

Originally Posted by cosmo20002

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.