Government Can't Run a Brothel
By Wayne Allyn Root
So we've just put government in control of General Motors? Well that should solve the problem. The same people that have run the American economy into the ground now think they can run an auto company. Has anyone thought this through? Government loses money at virtually everything it does and touches. Virtually every level of government operates at a loss (deficit). Government can't spell, let alone achieve, profitability at anything. Government is the most disastrous and inept failure at everything it does of any organization in the world. It only survives its colossal mismanagement of everything by raising taxes and therefore confiscating more money from the private sector- filled with people who are competent and do know how to run a business and achieve profitability. In other words, government only survives by confiscating money from smart people in the private sector to pay for its mismanagement, waste, corruption and nonstop failure and losses.
Government runs Social Security. It is fast approaching bankruptcy. Government runs Medicare. It is fast approaching bankruptcy. Government runs education. Education runs through tens of billions of dollars each year and yet somehow manages to produce worse results virtually every year (and always demands more as a reward for utter failure). When government took over education,
Government took over Amtrak in the same way it took over GM, promising a quick return to profitability. Amtrak bleeds losses every year for the
Government is promising (again) a quick return to profitability. Yet these are the same government bureaucrats who have produced a deficit of $1.75 trillion per YEAR. These same government bureaucrats have produced a national debt of somewhere between $60 trillion and $100 trillion (depending on how many years out you predict the responsibilities of Social Security and Medicare). Our national debt is now larger than world GDP (every dollar created in the world each year). You actually think these same people (with the track record above) can takeover GM and turn a company that loses billions per year into a profitable company in a short period of time? We've now put the world's most inept and corrupt bureaucrats in charge of GM, and we expect improvement?
But here's the clincher. In my adopted home state of
One more “small problem” with the government's plans for GM. They are keeping unions in charge. Virtually nothing has changed. The same unions that destroyed GM with bloated salaries, pensions and healthcare for life go on running the workforce (with a few small changes for “show”). Yet the government is also demanding that GM change strategy and focus on building small cars with green technology. Those same smaller cars are the least profitable that can be built. There is very little profit per car. The big gas guzzling cars and trucks actually had the highest profit margin. Yet even these big trucks and SUV's could not pay for the bloated union compensation plan that destroyed GM and Chrysler. Now we have the worst of all worlds- companies run by Obama and his minions- all people with ZERO business experience- demanding that we keep paying unaffordable union wages, while we build small cars with lower profit margins. Are you starting to understand why our country is $100 trillion in national debt? Our country is run by people who couldn't run a lemonade stand. The only thing that Obama and his hand-picked executives are capable of doing successfully is fining or arresting the lemonade stand owner for not getting the proper government licenses.
The moral of the story?