Facing Facts: Government is Still Less Efficient, More Incompetent Than the Private Sector

Facing Facts: Government is Still Less Efficient, More Incompetent Than the Private Sector: "President Ronald Reagan put accomplished industrialist and real estate developer Peter Grace in charge of a comprehensive analysis of government waste.



In 1984, the Grace Commission reported that the General Services Administration, which manages all government-owned real estate and land, employed 17 times more people and spent 14 times as much on overhead as a typical private sector company managing comparable properties. In the 26 years since, there’s been no improvement.



All these years later, we still have the massive, entrenched incompetence and corruption throughout the federal government which sanctions over-spending on everything including wages compared to what the private sector would pay for the same goods, services, personnel and pensions.



In private industry, where money is real, budgets must balance, bills must be paid and counterfeiting trillions of dollars is a crime. In contrast, government service long ago ceased representing sacrifice; it’s now guarantee of royal rewards, paid for by taxing the peasants and borrowing from China.