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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (30829)12/29/2008 2:21:43 PM
From: DuckTapeSunroof1 Recommendation  Respond to of 71588
 
"The fact that corporations that are government owned or mostly government owned, tend to be used for "public missions", is one of the biggest arguments against public ownership of corporations."

Agreed.

The long global record of sub-par results from government owned enterprises, outdistances the occasional examples of successes.

(I believe the key to minimizing the potential disadvantages is to have a clear plan and path toward selling off the gvt. stakes. Reprivatizing, at a profit is at all possible.)