Conversation

It's like trying to pour water into a bucket with a hole in it, except the water is property you take from citizens and the hole is the extreme glaring government inefficiencies in spending

Quote Tweet

Elizabeth Warren

@SenWarren

Mar 1, 2021

Billionaire wealth is 40% higher now than when the COVID crisis began – but our tax system is still tilted toward the ultra-rich. Today @RepJayapal, @CongBoyle and I are introducing our #WealthTax bill to make the wealthiest Americans pay their fair share. nytimes.com/2021/03/01/bus

Show this thread

200

Replying to

And yet, when things are outsourced to private companies, they inexplicably become more expensive. (well, the explanation is simple: government spending is already pretty lean to begin with, but private companies MUST MAKE A PROFIT which the government doesn't )

Replying to

and

The claim that government spending is actually more efficient than private sector spending is quite an extraordinary one

Replying to

and

As would the claim be that private sector is more efficient than government spending. I literally have seen nothing, not a thing, that has become cheaper to me because it has been taken over by the private sector... nothing!

This Tweet is from a suspended account. Learn more

Replying to

As a European, I have witnessed many previous government services beeing privatized and it was never in the benefit of the customer. Each time, the prices went up.

Replying to

I'm never sure about this; isn't it it's a lot of business awarded via government contracts, which isn't free market at all, there's no real competition, and who gets the contracts is determined by less than savory methods such as rubbing elbows or lobbying; is my impression.

5:17 PM · Mar 2, 2021

Replying to

Well I can only tell you about the energy market. Its really free now and even smann businesses can access it. So yes, there is a real competition but it didn't drive the prices down as it was originally presented.