Zombie The Coronavirus Financial Thread (Personal, Local, National)

Uh, no.

 

Then your opinion is full of shit.

 

No. I’m of the belief that their reviews do not promote efficiency to the degree corporate reviews do.

 

You’re certainly entitled to your opinion.

 

So according to you if you haven’t worked for the government you cannot make a statement that private industry is more efficient than the government?

 

Private industry is predicated on competition. Government is not. I’m not saying people in government don’t work hard. I’m saying that efficiency is not a prerogative.

 

My SO has worked a government job for years. They told her not to go above and beyond because it's above her pay grade.

 

Absolutely. If my guy scraps 200 parts and can hide it he often times will.

Cut more material, the job gets done, the customer is happy. And we make more money on scrap.

Everybody is happy. The paperwork looks good. And lots of waste has occurred.

However, we can't sell plastic scrap. So in those cases we just throw it in the trash.

You can't even imagine how many 100k machines (sometimes $1 million machines) places buy just so they can show a loss on their taxes.

Then the machines usually sit. We have a couple machines that haven't been used since they were installed and tested several years ago.

Happens all the time.

 

Who reviews the owner of a company? Because that's where a huge portion of most corporate waste comes from...

 

LMAO. The amount Nike spends on fixturing is insane. Talk about waste. They pay 5-10x the going rate because they're such a pain in the ass to work with.

 

Do you think hospitals really need all of these new extravagant buildings?

 

I spent 35 years working in municipal wastewater treatment and worked for both public and private entities. I saw a lot of waste and mismanagement in both arenas. And to be quite honest, it was far worse on the private side. And much easier to hide. In the end, I don’t believe it matters one whit whether it boils down to public or private. The bottom line is competent management. The private sector hires just as many clueless idiots as the public sector, with the same results. The one serious complaint I had about the public sector management viewpoint is that we were expected to spend as close to 100% of our annual budget as we could. If we didn’t, we were chastised. The reasoning was that if we didn’t spend it all, we couldn’t justify asking for more in the next budget cycle. The private sector was all about the profit. Hoard your budget, cut back in certain areas and you’re a hero…….with the profit angle almost always impacting efficiency and effectiveness in negative ways. Six of one, half dozen of another. Pick your poison. Personally, I think the mirage of “private sector efficiencies” is nothing more than the private sector being far better at the public relation bullshit than the private sector…….

 

I think that’s a fair synopsis of the situation.

I have to say, though, you want to be careful using the phrase “bottom line” when discussing wastewater management.

 

Point taken. But that bottom line sure paid the bills. I thank everyone for their donations!

 

Agree with what you say especially pertaining to management.
Companies that are both product and service based have to be competitive not just in cost but levels of service. Anymore it cant be the food was great but the service was shitty. Consumers now days are much more informed and take advantage of the competitiveness. I dont think you have as much bureaucracy in the private sector as government.

 

I agree wholeheartedly. But sometimes those extra layers actually act as a “brake” or “runaway truck ramp” for stupid ideas….

 

Disagree, it won't fit the cramped space in a nuclear warhead carrying aircraft nor is as dependable as required where Millions of lives are at stake. It might, however be adequate for your typical home safe room bunker where you might ride out that nuclear war. Kohler has to maintain similar drawings but won't need to use mil. spec. parts that are guaranteed not to contain inferior metals nor corrosion resistant steel parts made of the best corrosion resistant steel. Also, Kohler's change board won't require the people and engineers of the type that the military requires. No, you don't want inferior parts or assemblies on a nuclear mission.