Wednesday, August 26

Public stuff


Cute, but Amtrak is the only thing that fits with these that's run by the federal government. Let's see...

Defense - Enormous boondoggles
Public schools - Four times costlier to taxpayers per student than private schools, worse results
Medicare - Ginormous unfunded liabilities, don't even seem like real numbers anymore
Medicaid - Cutting services
Social Security - Insolvent
Fannie Mae - Near bankruptcy
Freddie Mac - Near bankruptcy
Post Office - Running a deficit
Amtrak - Running a deficit
Federal Reserve - Who the hell knows, their books are closed and they can just print money

But more public health-care? Oh, that'll be fine.

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