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A comment on Coinbase lays off around 1,100 employees. Parent comment

Re:Coinbase lays off around 1,100 employees by dlp211 on Tuesday June 14, 2022 @03:20PM (#31744644)
> If you think so, then please tell me the name of one efficiently-run government organization?

Please let this trope die. The US government is generally, and especially when it comes to welfare programs, efficient.

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Re:Coinbase lays off around 1,100 employees by fallingknife on Tuesday June 14, 2022 @04:57PM (#31745983)
All of my experience dealing with the government says the exact opposite.
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Re:Coinbase lays off around 1,100 employees by toephu2 on Tuesday June 14, 2022 @03:58PM (#31745204)
Welfare is one of the least efficient government programs in the U.S. It's rife with corruption. What makes you think it's efficient?

"It currently stands at about 25 percent, as did in the 1970s. This means the ability of the poor to sustain a higher level of income independently of transfers has not changed over time."

[1] https://www.richmondfed.org/publications/research/economic_b...

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