One issue with private, for-profit organizations is their major focus is “creating shareholder value”, which is apparently the modern way of saying “making money”. That, along with competition (if applicable, see below), drives them towards minimizing costs, increasing efficiency, and innovating.
Government has the major focus of taking money, and largely spending it arbitrarily. It’s inarguable that the US Federal Government is bloated, corrupt, and vastly inefficient. Despite taking in $trillions in revenue every year, the US has $40 trillion in debt. That’s utterly inexcusable, and heads should roll.
Getting back to the discussion about private enterprise, would you characterize Amazon as bloated, corrupt, and inefficient, despite being an effective monopoly? I would not, though I’ll admit I have no data on the corruption aspect…
Government has the major focus of taking money, and largely spending it arbitrarily. It’s inarguable that the US Federal Government is bloated, corrupt, and vastly inefficient. Despite taking in $trillions in revenue every year, the US has $40 trillion in debt. That’s utterly inexcusable, and heads should roll.
Getting back to the discussion about private enterprise, would you characterize Amazon as bloated, corrupt, and inefficient, despite being an effective monopoly? I would not, though I’ll admit I have no data on the corruption aspect…