Working on Their Mission Statement

July 23, 2009 12:00 PM 2 comments

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Anybody know some good forecasters?  Imagine what a great job the government will do with healthcare:

The Food and Drug Administration—which has struggled to fulfill its mission of regulating food, drugs and other consumer goods that make up nearly a quarter of the U.S. economy—does not have the expertise to forecast its own budget needs, according to congressional investigators.

While many lawmakers and consumer advocates have long complained that the agency lacks the staff and equipment to accomplish its mission, the Government Accountability Office says the agency doesn’t even have “the data to develop a complete and reliable estimate of the resources it needs.”

FDA officials acknowledged the problems uncovered by the GAO, saying they are working to get a better picture of the agency’s spending and how much additional funding it needs.

FDA officials already are working to keep better track of how the agency uses its funding.

 

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2 Comments

  • Anyone who is anyone in the world of forecasting is either selling derivatives, credit default swaps, asset backed securites, or they are climatologists. You gotta go where the money is.
    .-= Burro´s last blog ..Want safety from the Democrats? Join Al Qaeda =-.

  • Once they begin to regulate and monitor cigarette consumption.. this will have the reverse indirect effect of lowering the workload of monitoring health care this in turn will.more bullshit on top of more bullshit..The FDA has determined that bullshit is hazardous to your health..The FDA has announced that all politicians must be duct taped..The FDA has determined that duct tape on all the politicians mouth is much to pleasurable for the American people.. and
    .-= MegaMan the Madman´s last blog ..Joe the Plumber Causes Riots…. =-.

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