Thursday, December 27, 2007

America's Public-Private Partnership

by shamanic

In case the eggnog induced some amnesia, I'll explain how the "public-private" partnership of the American marketplace works:

Where corporations stand to make great profit, the public (i.e., the government) should never, ever impose any regulation that might cut into that profit. Doing so is, to put it mildly, abhorrent to the wisdom of the American consumer and the very many important shareholders of corporations.

Where corporations are uncertain about profit in the near term, taxpayers (i.e., the government) should extend incentives in the form of cash, land, expertise, security, buildings, tax breaks, etc., to help corporations expand their endeavors, create jobs, and of course, take care of the very many important shareholders of corporations.

Where corporations long ago signed up for a money-losing proposition, say, health care for retirees, the American public (i.e., the government) should just take it over -- and pay for it -- entirely.

(The smart companies never got themselves into such money-losing propositions in the first place, so taxpayers foot their bill and get to buy their crap!)

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