1. Uncle Sam Seeks Exit From Private Business.
- Subjects
- *
GOVERNMENT business enterprises , *BUSINESSMEN , *PRIVATE sector , *GOVERNMENT competition , *ECONOMIC competition , *SOCIETIES ,APPROPRIATIONS & expenditures of the United States Dept. of Defense - Abstract
The author comments on the efforts of the U.S. government to eliminate public enterprises in the country. These enterprises cost the U.S. Department of Defense more than $15 billion in capital investment. According to the National Associated Businessmen, there are a total of 232 government enterprises that are in competition with the private sector. The elimination of unnecessary government-operated businesses has led to the introduction of a bill that restricts government competition.
- Published
- 1955