Hacker News new | ask | show | jobs
by ekjhgkejhgk 69 days ago
My (admitedly superficial) understanding is that in the USA because the welfare state is mostly private, it optimizes for profit. So just because you put a lot into it doesn't mean you get much out. I have no first hand experience of this, but the other day I stumbled upon an article explaining private equity buying up the "ambulance business" and costs balooning, so that tracks.