You're right the two sectors can't really be compared (but I will), and most in the private sector are more than happy to fund the great work done in the public sector. But it's wastefulness that is hard to stomach.nil_desperandum wrote:Fair enough, but the economics of it dictate that most things are funded to the minimum level, and so there will never be a surplus, and additionally savings are constantly being sought and in many cases demanded / enforced.
How can a library ever be profitable? But how can it's value be measured?
What price a good education for our children?
You really can't compare something like a library to a business.
Through my work I have seen eye-watering and sometimes blatant wastefulness in the NHS, Education and particularly the Councils. In the private sector such wastefulness would result in liquidation and multiple job losses.
Before anyone jumps down my throat - I see far fewer examples now and, in my opinion, government policy has pushed things to far the other way in some, but not all, areas. The NHS needs a dramatic overhaul.
In business we always say you should manage your finances exactly the same in the good times as the bad. Only the best do that, as the temptation to take hard earned dividends in the good times is often too high.