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Yes, profit = revenues - expenses. Always has, always will.
One thing many don't understand the huge contingency reserves insurance companies must maintain, in a gov system it's just a promise to pay, mostly on the backs of the young. Like SS and Medicare, the premiums (taxes) will be deposited into the general fund.
Like I said , I dont know the answers. Dont think a govco bureaucracy is the answer, maybe that some simple reasonable regulations may work. Maybe not. Whats happening now aint working for sure.
I have no faith in human perfectability. I think that human exertion will have no appreciable effect upon humanity. Man is now only more active - not more happy - nor more wise, than he was 6000 years ago.
Edgar Allan Poe
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