posted on Nov, 3 2015 @ 03:41 PM
originally posted by: WeRpeons
a reply to: PraetorianAZ
Our government can waste millions of dollars on things like this and not bat an eye. Yet a program like Social Security and Medicare in which
millions of elderly people rely on is being threatened.
It's not government, they don't build anything they just sign the check. It's the independent contractors that figure out what to charge. And that's
precisely the way most of the country wants it. To flip things around, do you want the government to step into the business of an independent
contractor and start dictating to the people doing the work exactly how to do the work, and take the responsibility of that work in order to make sure
it's done properly?
Most of these projects work on a concept called necessary profit. Essentially what they do is they bid and whoever puts in the lowest bid gets the
job. However they are then able to inflate costs in various ways, perhaps the area isn't completely safe so all of the goods need security convoys,
or they need to import food and water, sometimes that hammer costs $30,000 because you had to fly it over in a military convoy complete with fighter
escort, then put it in a fleet of tanks and drive them to the construction site. Once all is said and done, your costs are much higher. But if costs
are above the bid the company can't stay in business, so instead what the government does is they take the final cost of the project and add on x% as
your profit margin.
This creates a system where the contractors can stay in business, but it also creates a system where the path to the most profit is to waste the most
money. If your necessary profit is 10%, then if you find a way to waste $100 you're rewarded with $10. This also happens to be why it was so
expensive to rebuild Iraq.
originally posted by: MotherMayEye
It sounds to me like there is zero fear of any oversight. And why should they fear it? There is no oversight. Democrats and republicans will never
offer us a candidate that runs on a platform of government spending oversight reform.
Do you know why they don't do that? Oversight to make sure money is being spent properly is called government intrusion. It's big brother stepping
into your business and telling you how to run things. That's an extremely popular notion in the US. Unfortunately we can't have things both
edit on 3-11-2015 by Aazadan because: (no reason given)