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> Why do you believe against all evidence, that government owned and controlled companies can run at a lower cost that provate for profit companies? Um, becaus
by leshow 4y ago
> Why do you believe against all evidence, that government owned and controlled companies can run at a lower cost that provate for profit companies?
Um, because "all evidence" points to the exact opposite of what you're saying?
A private company is trying to maximize profit. To the extent they minimize their costs they have no incentive to pass that on to any customers.
Empirically, if what you said was true, then the US would have the cheapest health care out of all the other OECD nations because it's run by "for profit private companies". Instead the US pays on average double, as a % of it's GDP.