A Quote by Simon Mainwaring
A world in which government is burdened by historic debt, philanthropy has limited resources, and the private sector is only interested in its own personal gain is simply unsustainable.
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In World War II, the government went to the private sector. The government asked the private sector for help in doing things that the government could not do. The private sector complied. That is what I am suggesting.
I think philanthropy is also growing and catching on. Figuring out how the philanthropy sector, which is quite small compared to the private sector, which is the biggest by far, and then the governments, you know, even in these poor countries over time has to take on these key responsibilities. How does philanthropy accelerate that? Drive the kind of innovations, make sure they get used well. So it plays this kind of special role.
The United States is at a critical juncture in time. Our government is riddled with historic debt, and the limited resources of philanthropic and non-profit efforts cannot meet the scale of social challenges we face with necessary force.
Liberia has to take primary responsibility for its own reform agenda. But our resources are limited. We have to attract the private sector to get jobs to our people that will enable us to raise the government revenue, but to do that we have to build infrastructure. It's a very complex problem of development we are facing here.
Government has a habit of blaming the private sector for its own failings while taking credit for advances we in fact owe to the private sector.
The public sector can only feed off the private sector; it necessarily lives parasitically upon the private economy. But this means that the productive resources of society - far from satisfying the wants of consumers - are now directed, by compulsion, away from these wants and needs. The consumers are deliberately thwarted, and the resources of the economy diverted from them to those activities desire by the parasitic bureaucracy and politicians.
We have to remember, lefts are the people who created unsustainable national debt, unsustainable health insurance, health care, unsustainable college tuition and debt, unsustainable social welfare programs. Everything the left creates is unsustainable, it can't go on. Everything they create will eventually implode because it can't work as they designed it. Nothing they do is sustainable. That's the great irony. But they claim to know how to sustain life as we know it.
I believe that "government", as we know it today, should pull out of most things except for law enforcement and justice, national defense and foreign policy, and let the private sector, a "Grameenized private sector", a social-consciousness-driven private sector, take over their other functions.
If the official community is interested in asking the private sector to take another look at Greece, then it will have to be only as part of a broader process of addressing the full range of sovereign debt issues in Europe.
Living standards in both the public and private sector have to be brought down. The private sector has to sell more abroad and consume less at home. The government sector has to get closer to just spending what it can collect in taxes.
The biggest difference between the private sector and public sector is in the private sector, there's a sense of urgency because you have customers and you have competitors. Whereas in government, one of your major objectives is to not make any really big mistakes.
The whole Jeffersonian ideal was that people are temporarily in government. Government is not the basic reality. People are. The private sector. And government is just a limited power to make things go better.
My supporters and family have limited resources, very limited resources; but the FBI has the unlimited resources of the most powerful government in the world today. It's amazing that they haven't successfully had me assassinated since I have been in here. There have been plots uncovered in the past that I know of to have me killed.
Student debt is structured to be a burden for life. The indebted cannot declare bankruptcy, unlike Donald Trump. Current student debt is estimated to be over $1.45 trillion. There are ample resources for that simply from waste, including the bloated military and the enormous concentrated private wealth that has accumulated in the financial and general corporate sector under neoliberal policies. There is no economic reason why free education cannot flourish from schools through colleges and university. The barriers are not economic but rather political decisions.
In the past we entrusted money to the government sector and the government sector simply did not spend the money wisely. And that is why we need reforms, but the government sector is not being reformed.
We need the private sector to succeed, because if the private sector succeeds, America succeeds. Because it's not the government that produces jobs, it's the private sector.
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