NEW YORK ( TheStreet) -- One need only compare the sense of dispatch at FedEx (FDX) with time endured to send a package via the U.S. Postal Service to recognize the federal government doesn't do things quite as well as the private sector. It doesn't even function as well as state bureaucracies.Now, ObamaCare, which affects an industry larger than the economies of France or Great Britain, is proving the Department of Health and Human Services can be more incompetent than many Third World governments. These past few weeks, poor Mexico could sign up urban poor for health care with less mess than Washington did folks needing insurance in San Antonio.
Obamacare and America's Journey into the Third World: Opinion
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts