I just dont get why people say that running a country isnt like running a buisness.
Common sense says that Being trillions of dollars in debt is a bad thing, considering several countries have already gone into so much debt that they had to be bailed out, and many cities have had to declare bankruptcy. Meanwhile, if having debt is a good thing, then wouldnt that mean bill clonton was one of the worst presidents in history since he had a surplus.
The way I see it, either bill clinton was a bad president, or barack obama was a bad president (economically speaking alone) considering from what Ive heard, they are essentially polar opposites.
Returning to my op, why isnt it like running a buisness? Ive hear this thrown around, but never explained.
a business explicit stated goal is to turn a profit. a governments goal is to help people. mitt romney incidentally, made most of his money by saddling the companies he bought with so much debt, they went bankrupt, but he was still able to pay himself money from their assets. bain capitals buyout of KB Toys is the best example i got off the top of my head. i guess it depends on what kind of business? i suppose you can make an argument that it should be run like a hotel... but not quite. the question is, do you really want it run like a business? how do businesses make more money? by raising prices (taxes?) or expanding the customer base (taking over other countries). governments exist to protect us and the country. if the government were a business, and it became unprofitable to do so (like it is now, since the country is taking in less money than it is spending) it would simply cut its loses and either go bankrupt (with hefty windfalls for those at the top) or move to another area that is easier to defend. "run the government like a business" is nice and concise, and fits on a bumper sticker, but despite surface similarities, they are completely different things and have completely different functions in society.
what CEO or other higher ups in a business want to be fire and replaced? if the government was being run like a business, the first thing all those in power would do would be remove term limits and make them serve until retirement, being allowed to appoint their replacement.
with businesses, you have choices of what to buy. the government has a monopoly the area, and the ability to pass laws to get rid of competition.
if an owner of a business gets tired of running it, they are allowed to sell it.
most businesses try to grow bigger and bigger, isnt the stated goal of republicans to shrink government?
if you dont buy something from a business, you simply dont get it. can the government let people not "buy" protection from the military? how would that work?
are taxpayers the customers, the shareholders, or the product?
tl;dr: Running the government like a business does not make it a business.