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> So if you're concerned because Boeing's CEO is a Mar-A-Lago member with direct access to POTUS (who wants his club fees), and the Secretary of Transportation

> So if you're concerned because Boeing's CEO is a Mar-A-Lago member with direct access to POTUS (who wants his club fees), and the Secretary of Transportation is the Senate Majority Leader's wife who is also lobbied by Boeing, and the FAA hasn't had an official administrator for two months, and the FAA can't approve safety fixes by Boeing due to government shutdowns, and aircraft manufacturing consolidation means Boeing is "too big to fail" ... Sure corruption is something we need to avoid but another way to look at this is that sure the high functioning successful people you want running the government are naturally going to have connections to high functioning successful people in the private sector. It is not in and of itself a bad thing.

yingw787 8y ago
I think that's true to a point, but we are way past that point. We're at the point where when the government works with the private sector, a worse result is created than if the government had created it alone, or if the private sector had created it alone, where you could form a total ordering. There is no recognizable gestalt, and whole point of public/private cooperation is to generate those gestalts. Another way I look at this is, "what needs to be true for this situation to be the best possible situation for the parties involved? How does this make sense?". When I look at it this way, the FAA not grounding this plane doesn't make sense if you follow a path benefiting the general public, barring some extenuating private knowledge. It seems to be a long path of short-term optimizations.
- WalterBright 8y ago
  A fundamental problem with regulation of an industry is one needs to have experts in the industry create and enforce the regulations. But how does one become such an expert? By working in the industry. The alternative is having incompetents doing the regulation and enforcement.
- deleted 8y ago
  [deleted]

yingw787 8y ago

I think that's true to a point, but we are way past that point. We're at the point where when the government works with the private sector, a worse result is created than if the government had created it alone, or if the private sector had created it alone, where you could form a total ordering. There is no recognizable gestalt, and whole point of public/private cooperation is to generate those gestalts. Another way I look at this is, "what needs to be true for this situation to be the best possible situation for the parties involved? How does this make sense?". When I look at it this way, the FAA not grounding this plane doesn't make sense if you follow a path benefiting the general public, barring some extenuating private knowledge. It seems to be a long path of short-term optimizations.

WalterBright 8y ago
A fundamental problem with regulation of an industry is one needs to have experts in the industry create and enforce the regulations. But how does one become such an expert? By working in the industry. The alternative is having incompetents doing the regulation and enforcement.
deleted 8y ago
[deleted]