Tuesday, March 11, 2014

Government vs Private companies

There are no checks and balances if the government is wrong, if a private entrepreneur makes a mistake, he goes bankrupt, the losses are cut, if he bets wrong, he loses. 

If the government bets wrong, they just get bigger, they just appropriate more money, it's a bottomless pit, because they either get it from the tax payers or run it off a printing press.

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