Quote:
Originally posted by Mmmm, Burger (C.J.)
By that point, we'd have to be sticking it to them like Robert Mugabe. That might fly in Africa, but not around here.
IF you're going to call it only an intergenerational tranfer then, yes, there's not much benefit, except some limited admin savings costs, that privatization will get you. But that's not the only debate--part of the debate is whether people should be forced to take some responsibility for their retirement savings in the form of investing themselves in a limited set of options.
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Didn't they recently find that for-profit (i.e., very market-driven) hospitals were less efficient than non-profit ones? I'm not convinced that changing to private admin would make things better. They'd start paying some jackass CEO an enormous amount of money and hire a bunch of over-paid useless consultants.
