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by bruceb
4829 days ago
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The gov't isn't a business. If it were it would not be serving everyone. The post office (sorta of a gov't/business half breed) would charge you more to send a letter from Miami to Fairbanks, Alaska than from your town to the next town 10 miles down the road. Gov't has more responsibility than a business. There are plenty of business with large amounts of debt. This being said I don't back the proposal. |
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Right. Businesses have more direct financial accountability. That's why the government stinks at doing business-like things and I'm objecting to a proposal that thinks government should do more business-like things.
Not sure what your point is with the post office. It's a great example of the government trying to do something that business came along and did ten times better - accomplishing things that the post office said were impossible like overnight delivery.
What's the merit in the subsidizing of people to live in out-of-the-way places? This isn't the 1800s.
There are plenty of business with large amounts of debt.
1X yearly revenue in current debt and 5X in long-term liabilities? Hardly.
People at Enron went to jail for the type of accounting shenanigans that the government considers to be common practice.