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Pres. Obama Finally Admits: Gov is Not as Efficient as the Private Sector

November 20th, 2013 Leave a comment Go to comments
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President Obama at the 2013 WSJ CEO Council

President Obama at the 2013 WSJ CEO Council

Pres. Obama Finally Admits: Gov is Not as Efficient as the Private Sector

original article written by Net Advisor

WASHINGTON DC. For years President Barack Obama has argued for and pushed policies with or without Congressional approval that amounted to bigger government with more spending and more deficits, and none of this has helped the economy.

The President finally admitted in a rare unscripted – no teleprompter – interview where he said that government is not as efficient as the private sector.

“There is a larger problem that I probably — I speak personally but also as the administration — could have identified earlier. And that is the way the federal government does procurement and does IT is just generally not very efficient. In fact, there’s probably no bigger gap between the private sector and the public sector than IT.”

— Pres. Barack Obama. Source: Transcript of Obama Remarks at WSJ CEO Council Meeting, 11-19-2013

Despite this admission, the Obama Administration including the President continues to push a disastrous government-ran (Socialized) healthcare on its citizens with a threat of a fine or (tax) if they don’t comply.

In October 2013, just about 27,000 people signed up for ObamaCare on the federal level, and about 79,391 enrolled on state-based health insurance exchanges. While government was trying to do the right thing, it forgot that it just can’t compete or act as efficient as the private sector. As a direct result of this Administration’s inefficiencies, so far about 5 million people have lost or are at risk of losing their insurance because of ObamaCare.

Back to the drawing board?


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