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November 29, 2013

OP-ED | Why CRRA Has Been A Disaster

by Terry D. Cowgill | November 29, 2013 5:29am

Most capitalists have an abiding belief that the private sector operates with greater efficiency than the government. And they’re largely correct. Government doesn’t have to worry as much about the bottom line and thus is less oriented toward fiscal prudence. Government, for example, often offers above-market compensation packages to its employees.

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