Comment on New York is proposing the creation of a 'public Venmo'parentComments−moralsupply6yDo you mean "for-profit" with competition, or without it? Were people voluntarily paying for those services?If it's "for-profit", monopolistic, and run by the government, it means:1. your money is taken away from you through taxes2. a service you may or may not want is implemented3. a 'target' for 'profitability' is set, which makes no sense given there's no price system directly attached to the services4. 'targets' are delivered by cutting edges so that public workers demonstrate enough competency to justify pay raises−xtian6yFor profit with competition.
Comments
Do you mean "for-profit" with competition, or without it? Were people voluntarily paying for those services?
If it's "for-profit", monopolistic, and run by the government, it means:
1. your money is taken away from you through taxes
2. a service you may or may not want is implemented
3. a 'target' for 'profitability' is set, which makes no sense given there's no price system directly attached to the services
4. 'targets' are delivered by cutting edges so that public workers demonstrate enough competency to justify pay raises
For profit with competition.