Let me pile on as well... despite the claim in the OP, this isn't about profit.
WHenever you get a contract from the government - you have got your profit, because the government overpays for everything... EVERYTHING.
Money was budgeted. A federal contract was signed. Work got underway.
And then things suddenly veered off course. A multibillion-dollar maker of medical devices bought the small California company that had been hired to design the new machines. The project ultimately produced zero ventilators.
That failure delayed the development of an affordable ventilator by at least half a decade, depriving hospitals, states and the federal government of the ability to stock up. The federal government started over with another company in 2014, whose ventilator was approved only last year and whose products have not yet been delivered.
This is not an issue of profit. This is about people dragging their feet, and the government not lighting a fire in their butts.
“We definitely saw the problem,” said Dr. Thomas R. Frieden, who ran the Centers for Disease Control and Prevention from 2009 to 2017. “We innovated to try and get a solution. We made really good progress, but it doesn’t appear to have resulted in the volume that we needed.”
This is your government and my government... and this is why government should not be handling this. NO urgency to get this done. There's no concern about losing their jobs or losing a contract because it's government. Do you read any anguish or upset in his reply?
This is the type of performance you will get with universal health care. They have no incentive to give anyone good service.