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by taki1
4016 days ago
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The difference is we all need to pay for public sector mistakes. We are all forced to pay for them. Poor, rich, doesn't matter. And the amount of money in public sector is much higher almost by definition. In private sector, let's face it. Someone owns that business. The owner looses money if they are ineffective. Not all of us. Not all taxpayers. That's part of the reason why private business are better at not loosing too much money. Because this is Owner's money. He/she will make sure not too loose too much. Not to waste it. If he/she doesnt, more cost effective competition will take their place. |
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