In medicine, the primary rule that is the Hippocratic Oath is “First Do No Harm”. The new healthcare public sector initiative that Congress is proposing violates openly this standard.
As the health care reform debate rages in Congress, the establishment of a new publicly funded medical insurance provider now seems to be on center stage. With their monopoly on power in Washington, the Democrats are fully intent on creating yet another new government agency to handle this function. This is hardly shocking; the Democrats have always represented growth in government.
But what is interesting and new is the argument being used that the creation of such entity will keep the private sector competitive and on its toes. This novel idea represents a first. Where, one is tempted to ask, has the public sector ever provided honest competition to the private sector?
The fact of the matter is that it is always the other way around. Governments around the world are trying to privatize state owned entities to make them more competitive and self sustaining. Proponents of privatization have always pointed out that state owned enterprises are usually slow, inefficient and consistently devoid of innovation. Not even the opponents of privatization have ever claimed that state owned enterprises are more efficient and competitive.
One is hard pressed to think of a single instance where a government enterprise has out performed the private sector. Certainly this was not the case with Fannie Mae and Freddie Mac, Amtrak, TVA, the Export-Import Bank, etc.
The public sector has rarely, if ever…





