From Glenn Beck’s new book Arguing with Idiots: How to Stop Small Minds and Big Government comes this clip about privatization.A.D.D. Moment – New Zealand corporatized their postal service in 1987. As Cornell professor Richard Geddes notes, that change “led to improvements in efficiency, a 40% reduction in the system’s workforce, a doubling in labor productivity, a decrease in the cost of sending a letter and a decrease in the price of a basic stamp.” And they did it all without impacting service in either rural or urban communities.
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Beckbytes: Arguing With Idiots About Capitalism
From Glenn Beck’s new book Arguing with Idiots: How to Stop Small Minds and Big Government comes this gem on how capitalism performs when compared to socialistic government programs.
Profits=Progress: In January 2006, New Orleans mayor Ray Nagin announced 314 new public projects as part of his rebuilding effort after Katrina. Over two and a half years later, just six of them were complete. Conversely, Wal-Mart had 126 of their stores damaged in the hurricane; 110 of them were up and running within ten days.
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