Do you trust government companies? Explaining the private sector benefits.

         Let's say that it is time for your kid to mail an application to a college.

You spent days writing an application and your kid's future depends on it.

Would you use the Post Office to mail it or would you use a private company like FedEx.

What it all boils down to is which one is the most effective and the most trustworthy.

 

Lets analyse both sectors.

Private sector.

Private sector companies are run by individuals like you and me or even board members of savvy businessmen etc and they always have one thing in mind,Profit.                                                                                                               In order for a private company to become and remain profitable they have to offer good prices,good products/services and stay ahead of the game.                                                                                                                        Very often more than one companies offer us the same products and in order to earn our precious $$$ they have to entice us,therefore offering lower prices.

Public sector.

Public sector by not having profit as their main goal can end up going two roads.                                                         1st Offer great prices

2nd Offer very bad product/service.

Even though the funding of those public  companies is by our tax dollars those businesses usually burn money as if money is irrelevant .

           Dont get me wrong, government spending tax dollars on FD or PD is a perfect way to spend them since they are offering a much needed service.It's the specific fund allocation that the problems start from and the lack of accountability when money is spent in useless ways.

One of the worst run public businesses is the Post Office which has tens of billions of debt therefore the tax payers money have to be used to save it.When perfectly good alternatives are out there WE DONT NEED P.O.

          

            Closing  Some businesses make sense to be in the public sector like the army or the police.But for less important services like mail or parking lots it makes more sense to by run by people who risk their own money and have in mind the customer satisfaction.