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A comment on Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009). Parent comment

Re:Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009) by jasonwocky on Monday February 09, 2015 @08:28AM (#9021011)
> "The results are remarkably consistent across all sectors and all forms of privatisation and outsourcing: there is no empirical evidence that the private sector is intrinsically more efficient"

Exactly this. I've spent years in both sectors. People suck at running things, not governments.

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Re:Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009) by ahallock on Monday February 09, 2015 @09:39AM (#9021315)
At least those inefficient companies could be disrupted by startups, and at least they don't get to take my money by force (apart from subsidies and bailouts). No such mechanism exists for government. That people suck at running things is the very reason we need this rise-and-fall structure.
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