from +Steve Faktor
Interesting post. I generally agree with the premise that balanced budgets and deficits aren't generally a problem as long as there enterprise grows. These should not be the express goals of federal government. I also agree that the political puppet masters controlling politicians who do promote that (usually republicans) are not interested in investing in the idea of America, they (in the author's words) want to "skullfuck it to death". We shouldn't mistake pillagers for villagers.
Where I disagree with this post is that, unlike Amazon, the US is not investing in future revenue drivers. But the candidates favoring austerity aren't proposing a better reallocation of resources or improvement of institutions. They simply want to shut them down.
There is a fundamental risk that comes with size. The bigger bureaucracies get, the more money starts sloshing around, the more opportunities are created for mismanagement, cronyism, and unkillable fiefdoms. Our military is the biggest example of that.
The solution is a middle ground. More should be done locally, where accountability is highest. More should be transferred to the private sector, but with a heavier accountability to the public through regulatory oversight, standards-setting, maintaining minimum service quality standards, and negotiated cost containment.