Tuesday, September 2, 2008

The Private Sector and Government

Suppose we had a company that made disinfectants, floor cleaners, bleach, etc.
Suppose this company decided to water it down in order to save money, but passed it off as the pure product. Certainly the government would intervene. Certainly people would more or less call for their heads.
Well, why is the government exempt from this treatment? I'll admit, if government screws up enough, the other party may win next election (but that an be anywhere from tomorrow until 4 years from now). What if it's part of the system though? Like the federal reserve.
A company watering down it's cleaning products is like the fed printing money. They're watering down the value of the dollar. No one seems to mind though.

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