Whenever the government proposes a function that is now done by private industry, the taxpayer will be contributing the necessary capital and operating funds. And will be planting all the risks on the stockholders of private industry. As well as responsibility for the losses, which are bound to happen under government operations.
Be careful of any government attempt to “reduce” costs by competing with private enterprise. (See the Earl J Weinreb NewsHole® comments and
@BusinessNewshole tweets.)
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