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Government’s actions not cost effective
The Gazette Opinion Staff
Dec. 5, 2009 11:47 pm
Is it cost effective for the federal government to spend hundreds of millions of dollars to buy a jail in Illinois, hire 3,000 people to run it, in order to house 150 terror suspects who are now at Guantanamo, guarded by the Marines at a much lower cost?
Is it cost effective to pass a cap-and-trade bill, which will drastically increase the cost of electricity from coal-fired plants, while China, the biggest polluter in the world, does nothing?
Is it cost effective to use taxpayer money to bail out big banks and insurance companies and then have these firms use the taxpayer money to pay a bonus to the executives who caused the problems?
Is it cost effective to have the government take over Fannie Mae and Freddie Mac because they were broke from giving home loans to people who couldn't make the mortgage payments and then let these firms continue with the same rules?
Is it cost effective for the government to take over the entire health care industry (one sixth of the nation's GNP), while it is reported that billions of dollars are lost every year in Medicare and Medicaid from fraud in these government-run programs?
Robert Cribbs
Mount Vernon
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