11–20 of 213 posts
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Government can do things well, or badly Private sector can do things well, or badly I don't see what people find so hard to understand about this
When government fails it spends more tax dollars and does the same thing over again, expecting a different result.
In other news, Obama paid millions for a broke health exchange website coded by people in a 3rd world country whose day job was tending to livestock.
“There are four ways in which you can spend money. You can spend your own money on yourself. When you do that, why then you really watch out what you’re doing, and you try to get the most for your money. Then you can spend your own money on somebody else. For example, I buy a birthday present for someone. Well, then I’m not so careful about the content of the present, but I’m very careful about the cost. Then, I can…
[1] https://en.wikipedia.org/wiki/Government_Accountability_Offi...
“There are four ways in which you can spend money. You can spend your own money on yourself. When you do that, why then you really watch out what you’re doing, and you try to get the most for your money. Then you can spend your own money on somebody else. For example, I buy a birthday present for someone. Well, then I’m not so careful about the content of the present, but I’m very careful about the cost. Then, I can…
If I buy a birthday present for someone, I care very much about the content of the present.
Accenture. Why am I not surprised?
If you want to spend millions and get no deliverables..Accenture is your answer.
If you want projects late and over budget...Accenture is your answer.
If you want to quickly build your resume with performing little work...Accenture is your answer.
However, those still doubting should probably use: https://text.npr.org/s.php?sId=675923576
“There are four ways in which you can spend money. You can spend your own money on yourself. When you do that, why then you really watch out what you’re doing, and you try to get the most for your money. Then you can spend your own money on somebody else. For example, I buy a birthday present for someone. Well, then I’m not so careful about the content of the present, but I’m very careful about the cost. Then, I can…
"And if I spend somebody else’s money on somebody else, I’m not concerned about how much it is, and I’m not concerned about what I get. And that’s government."
Is 100% incorrect. In fact, much of the bureaucracy we have in government is used for ensuring these types of things don't happen. It's why there are committees, reviews, approval chains out the wazoo, etc.
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What this shows me is how inefficient and corrupt a private company is. It also shows me how effective this one government agency is at rooting out corruption before 5% of a contracted amount has been spent. (Edited for spelling)
People tend to forget: private companies are only efficient at keeping the stock price up. If it's not going to have an impact on the bottom line the waste can be insane.
Example off the top of my head: when I was working in Perth I had to process laptops for a mining company. 3-year update on laptops. Employees came to us, offering to pay out of pocket, market price, for their old work laptops -- that was rejected as a security risk; people might take home data or something!
Instead, we tossed em in a dumpster, only the lappys of the executives or senior leaders were wiped or DBAN'd.
Earlier quoted context omitted.
Government can do things well, or badly Private sector can do things well, or badly I don't see what people find so hard to understand about this
When private sector fails, it goes out of business and other competent businesses take over. When government fails it spends more tax dollars and does the same thing over again, expecting a different result.
When the government does something it can optimise for other things.
Both are systems that in certain circumstances suck. One isn't better than the other in every circumstance.
“There are four ways in which you can spend money. You can spend your own money on yourself. When you do that, why then you really watch out what you’re doing, and you try to get the most for your money. Then you can spend your own money on somebody else. For example, I buy a birthday present for someone. Well, then I’m not so careful about the content of the present, but I’m very careful about the cost. Then, I can…