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Old 06-29-2014, 08:30 AM
 
45,230 posts, read 26,450,499 times
Reputation: 24988

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Businesses not propped up by the government, rely on profit and loss signals in order to best allocate resources. Government, funded by stolen tax dollars does not have these sgnals and blindly spends until budgets are dry, then comes sticking us up for more.
Private business must prove itself in the marketplace by providing goods and services to a willing consumer. The government runs monopolies and everyone pays regardless of need or level of services, so it need satisfy no one.
One really must be ignorant of basic economics to critique both on the same level..
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Old 06-29-2014, 08:33 AM
 
Location: Out in the Badlands
10,420 posts, read 10,830,847 times
Reputation: 7801
Quote:
Originally Posted by Frank DeForrest View Post
Obamas degree in Income Redistribution didnt include an economics course.
And he never had a real job is his life.
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Old 06-29-2014, 08:34 AM
 
12,973 posts, read 15,805,587 times
Reputation: 5478
Quote:
Originally Posted by Frank DeForrest View Post
Businesses not propped up by the government, rely on profit and loss signals in order to best allocate resources. Government, funded by stolen tax dollars does not have these sgnals and blindly spends until budgets are dry, then comes sticking us up for more.
Private business must prove itself in the marketplace by providing goods and services to a willing consumer. The government runs monopolies and everyone pays regardless of need or level of services, so it need satisfy no one.
One really must be ignorant of basic economics to critique both on the same level..
And you fail to notice the loss of the high tech industries to the Asians? You don't realize that was done by American Corporations optimizing short term profits and protecting income from taxes?

So the future of a huge section of the US economy goes down the tubes because US corps wanted short term profits at any cost?
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Old 06-29-2014, 08:38 AM
 
25,619 posts, read 36,707,101 times
Reputation: 23295
Quote:
Originally Posted by Driller1 View Post
When there is waste at a business......that is their loss.

Government waste is a loss national loss.
Correction: Taxpayer loss.
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Old 06-29-2014, 08:41 AM
 
Location: Palo Alto
12,149 posts, read 8,419,987 times
Reputation: 4190
Quote:
Originally Posted by Fancy-Schmancy View Post
You guys really don't know how much time and resources are wasted on a daily basis at *any* place of employment? Or that even Microsoft and Apple have issues with website and software roll-outs on time and without bugs?

It's not the President who 'doesn't get it' on this issue.
Last I heard it was still a voluntary decision to buy an Apple or a MS product. Maybe we should incorporate the democrats and the republicans and let them compete to run the country.
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Old 06-29-2014, 08:43 AM
 
Location: Central Texas
13,714 posts, read 31,180,231 times
Reputation: 9270
Quote:
Originally Posted by Fancy-Schmancy View Post
You guys really don't know how much time and resources are wasted on a daily basis at *any* place of employment? Or that even Microsoft and Apple have issues with website and software roll-outs on time and without bugs?

It's not the President who 'doesn't get it' on this issue.
Of course there is waste at businesses. But there is plenty of incentive to minimize it. Most businesses desire profit, which is best when waste is small. Most businesses cannot run at a deficit for very long. But the federal government can as long as it wants. Finally civil service protects employees far more from being fired than in any private sector job that is not unionized.
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Old 06-29-2014, 08:44 AM
 
45,230 posts, read 26,450,499 times
Reputation: 24988
Quote:
Originally Posted by lvoc View Post
And you fail to notice the loss of the high tech industries to the Asians? You don't realize that was done by American Corporations optimizing short term profits and protecting income from taxes?

So the future of a huge section of the US economy goes down the tubes because US corps wanted short term profits at any cost?
Do you have a point? You havent addressed anything I pointed out in my post.
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Old 06-29-2014, 08:46 AM
 
41,813 posts, read 51,059,937 times
Reputation: 17865
Quote:
Originally Posted by dv1033 View Post

Do you realize how much the private sector has their hand in the public money jar?
If you are referring to "subsidies" those are usually tax breaks.

If you are referring to contracts most of those are bid in which case they are competing against other bids from private companies.
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Old 06-29-2014, 08:50 AM
 
Location: North Idaho
2,395 posts, read 3,013,254 times
Reputation: 2934
Quote:
Originally Posted by Rambler123 View Post
Boeing's failures have flowed from the top, not "evil unions" - those "evil unions" aren't the ones making the questionable decisions that can only be made at executive levels. Also, much of Boeing's white collar staff is not unionized, so it is also unfair to blame them, too.
But unlike almost any other company in America, much of Boeing's white collar staff IS unionized.

Quote:
Originally Posted by Rambler123 View Post
The waste in government is no worse than that in the private sector. Some parts of the government are reasonably efficient, just as some companies are... other parts are terribly wasteful, just as some companies are.
Unless you've worked at one of the major Fed.Gov agencies you have no basis for making this statement. I have, and I can tell you it is VERY different.

Quote:
Originally Posted by Rambler123 View Post
The reality is that people are people everywhere - I'm damn tired of this crackpot notion that people who work for the government are all "stupid" or "lazy" - and that efficiency or lack of it is based upon the corporate culture of the company or department... which is determined by the people in power, not some magical mindset that beliefs "business good, government bad."
People are people, but they are not all the same. The need to make a profit or go out of business is unique to the private sector, and is what creates the drive to be efficient in the private sector. That motivation simply does not exist in government, so waste is tolerated, even in some cases rewarded (the bigger the budget, the bigger the staff, the bigger the job becomes for those at the top of that agency). This creates the phenomena where agencies always seek a bigger budget year over year regardless of need. This environment then tends to attract people who are at the lazy end of the spectrum.

Quote:
Originally Posted by Rambler123 View Post
Finally, if anyone still thinks the private sector is some sainted hall of efficiency and doing things the right way, remember the Housing Bubble, the Bailouts, and the Great Recession (which still has really yet to end.)
The housing bubble was brought to you by regulatory decisions made during the Clinton era, coupled with intransigence from Democrats in Congress who blocked attempts by Republicans to reform Fanny Mae and Freddie Mac. This in large part led to the recession.

The bailouts were not the result of inefficiency in the private sector. They were the result of poor risk analysis in the private sector, and those companies should have been allowed to fail IMO.

The private sector is not perfectly efficient - I never said is was. But you're going to have to explain how private sector inefficiency leads to recessions.
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Old 06-29-2014, 01:39 PM
 
59,088 posts, read 27,318,346 times
Reputation: 14285
Quote:
Originally Posted by lvoc View Post
I have seen quite well run federal operations. I have also seen some miserable major corporations. A corporation may well sit on a dying and money losing operation for years as long as it is concealed by other profitable ones. I have also watched start ups run for a decade without turning a profit.

Again the problem with the corporation is inevitably the time frame. They optimize for the next quarter and year. Governments can take a some what longer view. That is a very large advantage to government.

And sometimes corporations just screw the pooch. Ever really look at Boeing and the 787? The classical "all you go to do is" approach on a grand scale. They were correct in one way...they eliminated a lot of the old problems...and created a whole new set that turned the development into a virtual disaster.
"I have seen quite well run federal operations. I have also seen some miserable major corporations", then you go on to cite only ONE project.

What did the company do with the hundreds of OTHER projects?

The private sector has MORE well run projects the the fed does. Hell, some complete agencies are wrought with waste, fraud, and abuse.

It is a bit of a stretch (sarcasm) to compare a few "federal operations" to an entire "major corporations".
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