172andyou's latest activity

I didn't say they were destroyed BY those factors, but they were still destroyed. There are other examples not quite as bad, but still a...

You might want to dig in a little further on those two examples. Neither was destroyed by mismanagement of their budgets, economies nor...

Replacing an experienced employee with someone whose main qualification is political loyalty is not efficient. Ron Wanttaja

Yep, both of those things can be true. :-)

Trust me, I'm not arguing that government waste is a good thing. But it's also true that I'm old enough to have been hearing the "can't...

No serious economist wants that. Deficit spending is one of the most important tools a government has available to it to stabilize the...

I thought the flipside was that overruns were vastly less likely to injure the humans on the plane than getting too slow and spinning...

Yes, that's right. Given 50-ish years (the ones I can remember) of programs like this being washouts and given the two guys being put in...

What should be the criteria that establishes whether it's effective? What metrics will be used to score it's results? From what...

Nah. Sure, often the single largest. But that doesn't mean 'only', or even 'only meaningful' expense. Especially when talking about a...

And, it's unlikely that he's actually any good at 6D chess, since he's in the global top 20 in diablo. Takes time to get good at both...

I didn't say he was dumb. I didn't say he wasn't capable of accomplishing amazing things. He might be great at 6D chess. My point is...

As a business guy, you probably know this, but he didn't cut 80% of costs. He cut 80% of staff. Big, big difference.

Other than fees, etc, the downside to buying an LLC is that you acquire the LLC's debts, even unknown ones. There's a reason corporate...

https://finance.yahoo.com/news/twitters-revenue-collapses-84-tesla-171535190.html " Musk bought Twitter for $44 billion, but turning...