Want Success? Get Government Out of It

Yeah, I know, file this under confirming your bias if you want.  I’d present it as affirming my conclusions:

The above chart shows how respondents categorized various elements of the American business environment and how they have shifted since the original 2011 survey. Among those elements described as a “strength and improving”: capital markets, corporate management, universities, property rights, supply chains, and entrepreneurship. Among those elements described as a “weakness and deteriorating” are the K-12 education system, the tax code, regulation, and the efficiency of the legal system. …

… In a 2011 McKinsey report on the US economy, the consultancy highlighted the low-productivity public sector as a key drag on growth. Public and regulated sectors such as health care and education represent more than 20% of the US economy. Cutting in half the estimated efficiency gap with similar private sector organizational functions would generate annual savings of $100 billion to $300 billion.

I don’t know how any sane person who isn’t a political operative could look at the way we elect the people who run our government and think that government should do more than the bare minimum for a healthy, advancing society.

Of course, one frequently gets the impression that those who support larger government would prefer to change the way we elect our leaders so that it relies more on their judgment.  History suggests that doesn’t work out too well, either.

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