Outsourcing State and Local Government Services is About Looting

For decades, citizens have been sold on the mantra that the hungry private sector can do a better and cheaper job of providing services than “inefficient” government. Now it is true that there were some badly run government entities that have done better when privatized (the poster child is British Telecom).

US Manufacturing: What Are The Prospects?

by Elliott Morss, Morss Global Finance Introduction The way the US economic system is structured, employment is key: an unemployment rate higher than 6% is a problem. And there is great concern about job losses in manufacturing. How justified is this concern? To understand what is happening, a brief review of how overall employment in …