Yes i do own a business and i do not have an unlimited checkbook, nor should the Federal Reserve. Right?
Now, the government can print money at its discretion and as we have seen, it does more often than we care to remember. Printing money means there is more cash on hand to go around, which sounds good, but it dilutes the value of U.S. currency and therefore causes inflation. That means it will require more of that diluted money to purchase goods and services.
The government should asses all of its employees according to their work flow, production, and output. And if any employees are not pulling their weight, they should be let go. But, we all know that will not happen. It is almost impossible to lose your job if you work for the government.
, the benefit plans offered by the U.S. government are not balanced. Its health plan with all of its options is phenomenal, while its 401(k) plan (the Thrift Savings Plan or TSP) with its five investment options is awful. Having meaningful but fair, competitive, and economical employee benefits helps both the employee and the employer. It also could save us some tax dollars.
Finally, sometimes businesses need to realize that they are not productive or financially stable in one area or another. When that is the case, they should cease operations in that area. For example, the U.S. Post Office has been struggling for years, but nothing has been done about it. This is definitely one area in which our government could become more efficient. They could sell off that unit by making it a private entity. It would likely be more competitive and more efficient and not put such a burden on the federal budget.