🚀 go-pugleaf

snip
>>: |> seem fair to say the 100% is returned to the public. The individual player
>>: |> might only see 50%, but hte public at large sees 100% (give or take a tiny
>>: |> bit).

>>Why is he being optimistic? What he said is true. Even if you think 
>>governments waste money, the money still goes somewhere--it is not as >>if
>>the money is being burned or sent to a bank account in the Cayman Islands.
>>Can you explain your reasoning?
...
There is a deep and enduring fallacy that if the government runs a business
money circulates among "us", while private business takes it and runs
somewhere "else". If this were true we should let government run grocery stores
and airlines...less wasted advertising and duplication...
Invariably, as has been proved wherever it is tried, government business becomes
a bureacratic, inefficient entity onto itself. Lotteries can be run efficiently with less
administration, and package products more suited to the customers (more smaller
prizes for example, if that is what people want). Only free competition can adapt to the
continuously changing marketplace. 
Governments are accountable to everyone in general and no-one in particular.

Fred Jorgensen@Mindlink.bc.ca