http://archive2.mrc.org/taxonomy/term/18392/all en http://archive2.mrc.org/bailout/facing-facts-government-still-less-efficient-more-incompetent-private-sector <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/dan-kennedy">Dan Kennedy</a> </div> </div> </div> <p >President Ronald Reagan put accomplished industrialist and real estate developer Peter Grace in charge of a comprehensive analysis of government waste.</p> <br /> <p >In 1984, the Grace Commission reported that the General Services Administration, which manages all government-owned real estate and land, employed 17 times more people and spent 14 times as much on overhead as a typical private sector company managing comparable properties. In the 26 years since, there’s been no improvement.</p><p><a href="http://archive2.mrc.org/bailout/facing-facts-government-still-less-efficient-more-incompetent-private-sector" target="_blank">read more</a></p> Bailout Corruption DanKennedy FannieMae fraud FreddieMac gracecommission inefficiency pension profit stategovernment waste Wed, 07 Jul 2010 14:48:42 +0000 admin 29893 at http://archive2.mrc.org