That's patently not true, but even if it were, govt has an entirely different remit than private enterprise. PE exists to make profit. Govt. exists to serve t

That's patently not true, but even if it were, govt has an entirely different remit than private enterprise. PE exists to make profit. Govt. exists to serve the citizens. All of them, equally, fairly, and reliably, however unprofitable those conditions might make the endeavor.