I cannot for the life of me square this circle. Three economics degrees and you'd think I could understand his simple math. Unless . . . .

So much this!

Great question! We don’t have performance data, sadly. The family business literature finds that families have a lower bar than other founders. Our data suggest that this may be even more true for craft founders because they are value- not economically-rational. $ is much less important to them!

I feel like you got everything on your list but the bacon. What happened to the bacon?

This is basically how we Jews “celebrate” Christmas - couldn’t ask for a better plan!

But they’ll say it was the Dems fault and their base will beleive it! 😢

🤣🤣

What have you left for me to buy?

I’d say they were Fleetwood Mac before the partner swapping and breakups. No anti-depressants needed . . . Yet. Same effect, at the end of the day.

In sum, this is an awful idea. I’m nervous about what might happen and how we can defend against it!
/end rant

And if you outsource those sorts of functions to private companies that can perform them more efficiently, you as the “customer” (rather than citizen) will be the last in line for rents, behind shareholders and managers. That means less service, not more, in the name of efficiency. 4/

What we want is effectiveness, which is harder to measure and requires slack resources. An efficient FEMA or VA hospital, for example, would be disasterous, because little-used resources would inevitably be cut and then unavailable when the emergencies they were intended for inevitably arise.
3/

Government is not a business and should not be run like one. There are no shareholders demanding returns, nor should there be, so cost efficiency is an irrelevant goal, prima facie. what we realky want is government effectiveness, which is much harder to measure and requires slack resources. 2/

Winner!