While you are at it, why don't you discuss how the city of Santa Monica, a public entity, took a moribund shopping street with a vacancy rate of over 30% and through creative planning turned it into a major revenue producer for the city with some of the highest rental rates in the country.
Sure, I wouldn't mind reading it. But this is the exception, not the rule, and it is inconsequential.
How would you know? To know of other gov't successes would require that you have an open mind on the subject.
Goverment programs are horrible failures in most instances.
And what standards are you using to come to that conclusion?
I have spent years dealing with the Internal Revenue Service, Medicare, Medicaid, and Social Security -- ALL OF WHICH are largely incompetent in the jobs they do.
And you have never met an incompetent when you call MSFT tech support or the phone company or AOL? Well, I have.....many times. Does that mean all software, phone and ISP employees are incompetent?
And then discuss how INTC spent billions for years on a chip in which they will never recoup their expenses.
The nature of breaking new ground. Everyone does it. I've just discarded a projected we have 30 months in because there are now better alternatives, and better projects for us to make money on.
Try 10 years.........the chip entered production in 2000 I think but is hardly successful.
Microsoft has thrown away innumerable projects which were partially completed. Not because they're incompetent, but because technology changes rapidly.
Yes, that's right but it doesn't mean the private sector is immune to mistakes...........they make them all the time. |