Quote:
Originally Posted by maskedmelon
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it depends on the overall original budget. a private entity would accomplish it at a fraction of the cost of the government. public works are cash farms for entities that can follow procedure because the consultants and designers hired by the government are generally incompetent and their designs are fraught with errors and omissions which balloon the cost of projects.
that asaide it is very sad to see Mattie departing and the reasons for his departure. I've never liked Trump's stance with respect to our allies and the hermitdom advocated by libertarians and progressives. we need to defend our friends.
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Thats true but the other side of the story is government investment is needed when the market finds such investment too risky. For example, spending a ton of money to bring electricity to the poor rural south in the 30s-40s.
Other inventions include -- IDK -- the internet, television, space travel etc...
We managed to do without paying some CEO millions are year.
Just remember that when the head of one of the 6 networks we have is going on about job creators and the wonders of the private sector.
When it comes to a wall I don't trust the private sector to build it cheaper even though it could theoretically. There is too little oversight on our government right now, everyone's hand is out, and the idea that we can hire a private company without getting the pants scammed off us and making a few more CEO millionaires is pretty laughable.
Even it was slightly cheaper, so what? It's got to be a lot cheaper to justify privatization at this point. If the government is wasting money, at least some of that waste goes to overpaid workers rather than just more overpaid capitalists.