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🇺🇸ELON: GOVERNMENT IS 10 TIMES LESS EFFICIENT THAN PRIVATE SECTOR "You really have something like a 10 to 1 difference in productivity if something is done by the government or the private sector. I'm not for abolishing the government, but let's have it do the least amount. The less... show more

Mario Nawfal

3,452,190 subscribers

407,618 次观看 • 2 年前 •via X (Twitter)

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Ken 的头像

Ken2 年前

Governments has become an apparatus of corruption.

Oukham 的头像

Oukham2 年前

"I tend to approach things from a physics framework, and physics teaches you to reason from first principles rather than by analogy." - Elon analogy vs first principles

Tamara 的头像

Tamara2 年前

Example: I went to the US Botanic Garden in DC last month to photograph some flowers. It was a quiet weekday afternoon and they had a lady sitting in a chair out front on her phone who would glance up and say hello as an occasional person walked in. There is one example of inefficiency. There was another lady just inside the doors doing the same thing. How much does this cost per year, how many of these unnecessary roles exist all through government. But on the main highway I take to get into DC (66). I had to pay a toll to use the road. And I read that an additional fuel tax may be implemented to maintain the road in addition to the toll. So we are federally taxed, pay state tax, have a personal property tax, a fuel tax, pay tolls to drive on the roads and there is such waste. 🤯

Mitt🧤Romney is a Hologram 的头像

Mitt🧤Romney is a Hologram2 年前

Except in Democrat, run cities and states where the government pays private contractors to perform exactly like the government……. Inefficient

spiderfaced 的头像

spiderfaced2 年前

Hey! That's right, I was just thinking about government inefficiency. Specifically how individuals employed by the government are incentivized heavily by making a contract last as long as pathetically possible. I'd say far more than 10:1. Near 30:1. They probably brag about it.

TruVote 的头像

TruVote2 年前

Only, 10X < (Ideal) Private Sector productivity? I beg to differ. It may be giving the Government the benefit of the doubt.

Joe Wallin 的头像

Joe Wallin2 年前

It’s probably 1,000 less efficient

JeetM 🪯 的头像

JeetM 🪯2 年前

All a sham 🤫

Brad Feazell 的头像

Brad Feazell2 年前

Elon is being conservative with a 10 to 1 estimate. I think it's worse in many cases like Biden's wasted 42 billion for internet access.

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Elon Musk: I think I’m pretty moderate. I'm not an extreme libertarian. “I think there are roles for the government that make sense. I don't think we necessarily want a private army or private police force. I think there are certain things that are probably the right role for the government. But anything done by the government is going to be inefficient because the government is a monopoly. People that don't like corporations should not somehow think that the government is much better because the government is a corporation in the limit. It is the ultimate corporation with a monopoly on violence. So I think the right role for the government is to act in a regulatory capacity. But we should aspire to have the government be a limited actor in the economy. So you could say what percentage of economic output should be governed, maybe a third or something like that. Once you start getting above 50% government, I think that's problematic. You can look at countries like East and West Germany and North and South Korea, and there was just essentially an arbitrary line drawn out to divide the countries. And East Germany was 100% government. West Germany was probably at least 40% government – they're relatively socialist. And yet the GDP per capita of West Germany was, I think, five times higher than East Germany. So that just shows you just how big of a difference it is if you have something that's close to half government versus 100% government. The private sector is probably a factor of 10 more efficient than the government. If you have a monopolistic private corporation, then the forcing function for serving the customer is weak. But at least private corporations can go bankrupt, and the government cannot go bankrupt unless the people go bankrupt. Like, basically unless it exhausts extracting money from the population.” Interview with The Babylon Bee The Babylon Bee, December 2021

Elon Musk: I think I’m pretty moderate. I'm not an extreme libertarian. “I think there are roles for the government that make sense. I don't think we necessarily want a private army or private police force. I think there are certain things that are probably the right role for the government. But anything done by the government is going to be inefficient because the government is a monopoly. People that don't like corporations should not somehow think that the government is much better because the government is a corporation in the limit. It is the ultimate corporation with a monopoly on violence. So I think the right role for the government is to act in a regulatory capacity. But we should aspire to have the government be a limited actor in the economy. So you could say what percentage of economic output should be governed, maybe a third or something like that. Once you start getting above 50% government, I think that's problematic. You can look at countries like East and West Germany and North and South Korea, and there was just essentially an arbitrary line drawn out to divide the countries. And East Germany was 100% government. West Germany was probably at least 40% government – they're relatively socialist. And yet the GDP per capita of West Germany was, I think, five times higher than East Germany. So that just shows you just how big of a difference it is if you have something that's close to half government versus 100% government. The private sector is probably a factor of 10 more efficient than the government. If you have a monopolistic private corporation, then the forcing function for serving the customer is weak. But at least private corporations can go bankrupt, and the government cannot go bankrupt unless the people go bankrupt. Like, basically unless it exhausts extracting money from the population.” Interview with The Babylon Bee The Babylon Bee, December 2021

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Musk: My frank opinion of the government is that the government is just the DMV that got big, okay, so when you say, like, let's have the government do something, you should think, do you want the DMV to do it?

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Elon Musk: I'm a proponent of smaller government, not bigger government. “I'm a proponent of smaller government, not bigger government. So, if somebody's a proponent of more government programs and bigger government, and they see, hey, DOGE is cutting all these government programs, then they'll be fundamentally opposed to that because they just think the government should do more things. I guess that's just a fundamental ideological opinion. But my frank opinion of the government is that the government is just like the DMV that got big, okay. So when you say, like, let's have the government do something, you should think, do you want the DMV to do it?” Interview with CBS News, May 27, 2025

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Elon Musk: The government is inefficient because it lacks incentives to serve its customers. “Generally, I'm pretty moderate. I'm not an extreme libertarian. I think there are roles for the government that make sense. I don't think we necessarily want a private army or private police force. But anything done by the government is going to be inefficient because the government is a monopoly. And this is also true if you have a monopolistic private corporation. Then, the forcing function for serving the customer is weak. But at least, private corporations can go bankrupt, and the government cannot go bankrupt unless the people go bankrupt. Basically, unless it exhausts extracting money from the population.” The Babylon Bee, 2021

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Elon Musk: The government is inefficient because it lacks incentives to serve its customers. “Generally, I'm pretty moderate. I'm not an extreme libertarian. I think there are roles for the government that make sense. I don't think we necessarily want a private army or private police force. But anything done by the government is going to be inefficient because the government is a monopoly. And this is also true if you have a monopolistic private corporation. Then, the forcing function for serving the customer is weak. But at least, private corporations can go bankrupt, and the government cannot go bankrupt unless the people go bankrupt. Basically, unless it exhausts extracting money from the population.” The Babylon Bee, 2021

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