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what about student loans a private student loan costs tax payers 4 times as much as a government issued student loan. the reason for the high cost is government subsidies to the private lender

2007-08-25 20:15:23 · 10 answers · asked by specal k 5 in Politics & Government Politics

schazjmd farms are subsidied are they a government program???

2007-08-25 20:27:28 · update #1

10 answers

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NOPE, but the program that subsidizes them and keeps our food costs down is a government program. Think the private sector would be able to perform that function better? I think not.
There are many government programs that work better than private companies, unfortunately work better and work more efficiently aren't the same.
While many of the government programs are wasteful, they provide services that far outdo what you would get from any private sector company, without paying out to back orifice for it.
I see what you are trying to imply, and i do agree, on a case by case basis. But when it comes to certain services, when you compare the government, that doesn't have to worry about making stockholders happy vs a company that has to cut corners to do so, there really is no comparison. But when it comes to others, there is no comparison between a company that wants to keep customers vs a government that just views you as an extra expense.

2007-08-25 21:04:07 · answer #1 · answered by avail_skillz 7 · 0 0

Social Security for one. Conservatives do not even want that program to exist but for the job they were given, they do pretty good. Only a small tiny percentage of the tax revenue they take in is use for overhead costs (administration costs).

Compare that to the huge amount of overhead from private health care insurance companies. It takes money to pay those CEOs (and upper management) tens if not hundreds of millions of dollars.

Corporations do not necessarily do the work efficiently. What they are very efficient at is maximizing profit while reducing the actual amount of work done (to reduce labor costs).

Take Katrina for example. Companies like Betchell took advantage of the fact that there was little government oversight. They charged the government full maintenance price for trailers that were not even being used. They also outsourced alot of their work to local contractors. They'd get half the money just for faxing the work to another company.

There are many things private companies will not do. For example, they will not guarantee each child the right to an education. That is no profit in that. If there no public schools or state subsidized universities only the affluent would get educated.

There is also no profit in keeping the environment clean. The corporations that cut corners (pollutes the environment, scams the consumer, and abuses the worker) saves money. Other corporations have to do the same to stay in competition.

If there were no government reguations, that's what they would do and in fact did during the start of the Industrial Revolution.

2007-08-26 03:59:51 · answer #2 · answered by Anonymous · 0 1

I think your question is too subjective. I don't want the government running businesses and I don't want businesses running the government. So, what do we do to provide the ever-growing services the government seems to need to provide these days?

I think the idea of private businesses contracting for government services is probably the best it gets. Checks and balances to keep the power in the people.

2007-08-26 07:00:14 · answer #3 · answered by ? 7 · 0 0

Any essential public service, such as water resource management is much better controlled by government oversight than a free-for-all that must produce a dividend for shareholders.

2007-08-27 06:58:41 · answer #4 · answered by Bart S 7 · 0 0

no and now that you bring up the student loans thing. if government didn't make it so easily to go to school it would be more affordable for all to go. hypothetically speaking, why should i pay for someone else's college if i didn't go myself. anything the government gets involved with like this, they just drive the prices up and quality of service down. big government sucks on all levels. look what big government did with katrina. this is something else big government brings youhttp://www.youtube.com/watch?v=e-BtWhs8qlg&eurl=http%3A%2F%2Fwww%2Echalcedon%2Eedu%2Fblog%2F2007%2F08%2Fclergy%2Dto%2Dbe%2Dused%2Dduring%2Dmartial%2Dlaw%2Ephp

2007-08-26 03:23:48 · answer #5 · answered by Anonymous · 0 0

Libraries.

(I question your example - if the loan is subsidized by the government, it isn't a private program; it's merely administered by a non-government company.)

2007-08-26 03:21:47 · answer #6 · answered by Anonymous · 2 0

Armies. Governments do a much better job at that one.

2007-08-26 03:21:30 · answer #7 · answered by Anonymous · 1 1

Not at this time, but America's a little off track right now.

2007-08-26 03:56:51 · answer #8 · answered by Anonymous · 1 0

Nothing run by the gov works better than private business run whatever. Gov should stay out of business

2007-08-26 03:29:13 · answer #9 · answered by F yahoo in Ash 3 · 0 2

no

2007-08-26 03:36:57 · answer #10 · answered by Cope 2 · 0 1

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