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I don't think the Federal Government has any mandate that allows it to start a for profit business, on some whimsical political wind. The USA is designed to all
by riazrizvi 6y ago
I don't think the Federal Government has any mandate that allows it to start a for profit business, on some whimsical political wind. The USA is designed to allow people to make a living, and it has limitations that prevent it from getting in on someone's lucrative business. Laws supporting free+fair markets on the other hand, are meant to make it possible for private citizens to compete...
- jonahbenton 6y agoNope. With respect, the US Government has myriad enterprises, under all kinds of legal authorities, accounted for in all kinds of ways. Two of hundreds of examples are Fannie Mae and Freddie Mac.
- riazrizvi 6y agoHmm, I think the few [1] that we do have, have arisen in specific circumstances where there was a lack of private enterprise to address critical social need, or in support of failing private enterprise, to avert social crisis. [1] https://en.wikipedia.org/wiki/State-owned_enterprises_of_the_United_States#List_of_federally_owned_enterprises https://en.wikipedia.org/wiki/State-owned_enterprises_of_the...
- oh_sigh 6y agoThis is just completely wrong, and I'm not sure why you think your beliefs about the federal government have any bearing on the reality of what the federal government can or can't do.
- riazrizvi 6y agohttps://en.wikipedia.org/wiki/Youngstown_Sheet_%26_Tube_Co._v._Sawyer https://en.wikipedia.org/wiki/Youngstown_Sheet_%26_Tube_Co._...