Tuesday, May 25, 2010

Unfair Government Competition

Whenever the government proposes a function that is now done by private industry, remember, you, the taxpayer, will be contributing the necessary capital and operating funds.

And you will be taking all the risks that is taken on by the stockholders of private industry.

In addition, you will also be responsible for the losses, which are bound to happen under government operation.

Be wary of any government attempt to”cut” costs by competing with private enterprise. Want proof? Think Post Office as a starter.

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