Incentives drive all human behavior.

Bill Ackman

@BillAckman

Incentives drive all human behavior. The problem with government is that it is divorced from the incentives of the private markets. Government employees don’t think of themselves as fiduciaries for the owners or the shareholders, as there are none. The taxpayers are the de facto shareholders, but we are an extremely diffuse group, many levels of control away from the governmental entity. We can only exercise our power once every four years by electing a new CEO for the country. In government, there are no restricted stock plans, stock options, bonus compensation plans, or other economic incentive tools to motivate employee behavior. There is no bottom line and there are no key performance metrics that are carefully tracked that must be met or exceeded for the CEO and management to keep their jobs. There are no analysts writing buy, sell or hold research reports. There are no short sellers doing independent research with an economic incentive to uncover wrongdoing, fraud and bad accounting. That is why the problem has gone unfixed for decades. But now the people have elected

@realDonaldTrump

and Trump has appointed

@elonmusk

to lead

@DOGE

to fix this mess. And yes the people voted for Elon and DOGE as he and DOGE were announced well before the votes were counted. And you should not be surprised by the ‘resistance’ that is fighting to preserve the status quo. They will fight to the death because the bureaucracy has been their livelihood forever. The President and Elon need our support to save us from ourselves. Let’s not let this historic opportunity go. A crisis is a terrible thing to waste.