One of the great shop-soiled political bromides of our time is that taxpayers would be better off if governments operated more like businesses.
More often than not, a campaigning politician who boasts that a government led by them would be some sort of sleek corporation is tacitly admitting that they probably don’t know much about either business or government.
Instead, a government that began with much promise after its unexpected election victory in 2015, and which had some early successes – the Canada child benefit, a needed reform of the Canada Pension Plan – quickly fell into bad habits. Mr. Morneau resigned as finance minister and left politics in August of 2020, wiser about the reality of politics, and how it differs from the world he came from. “Failure in business can be viewed as an accepted element in the risk-reward equation. Failure in politics is more likely to be fatal and unforgiven,” he writes.
Advice from ANOTHER silver spoon elitist!