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method_capital • yesterday at 11:33 PM • 2 replies • view on HN

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lesuorac • yesterday at 11:38 PM

The point they’re making is that the public sector is often more efficient at doing X at a lower price.

People talk about competition driving the private sector into total efficiency but when you actually start working in it you start to notice how inefficient they actually do things (and how hard they try to avoid competition).

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ToucanLoucan • yesterday at 11:39 PM

> In the private sector, we are responsible for our money and that of our investors who are contributing it voluntarily.

So how much is Zuckerberg personally responsible for after wasting what, 90 billion on the stupid metaverse?

> That ain't true of the government, and all that "care" and "budgeting" could just as easily be called administrative overhead and bloat.

So just to be clear; if the government tries to do accounting and budgeting, that’s administrative bloat, and if it doesn’t, that’s wasting money with no accountability?

Not that either scenario describes any part of the government I’ve ever seen I'm just illustrating clearly that you’re operating from the perspective of “the government spending money on anything is always waste” irrespective of what the money is being spent on.

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