What the Obamacare Website Failure Teaches Us About Crony Capitalism | Acton PowerBlog
As everyone from political pundits to late-night talk show hosts have pointed out, HealthCare.gov, the flagship technology portion of the Affordable Care Act (aka Obamacare), went live a couple of weeks ago and was a complete failure.
A very, very expensive failure.
Andrew Couts points out that taxpayers seem to have forked up more than $500 million of the federal purse to build the digital equivalent of a rock.
Why did the government spend a half-billion on the equivalent of a 404-page? Because of crony capitalism. Mike Masnick lists the political cronies who were hired to build the site despite having a long history of screwed up giant IT projects:
We are in deep shit and the ship is sinking....
As everyone from political pundits to late-night talk show hosts have pointed out, HealthCare.gov, the flagship technology portion of the Affordable Care Act (aka Obamacare), went live a couple of weeks ago and was a complete failure.
A very, very expensive failure.
Andrew Couts points out that taxpayers seem to have forked up more than $500 million of the federal purse to build the digital equivalent of a rock.
Why did the government spend a half-billion on the equivalent of a 404-page? Because of crony capitalism. Mike Masnick lists the political cronies who were hired to build the site despite having a long history of screwed up giant IT projects:
We are in deep shit and the ship is sinking....