What if Government Was Like These Firms?
Two items in the Sept. 16 Business section caught my attention:
1. “Seven-Up Bottling Co. of Southern California Faces Bankruptcy†because it “is burdened with debt taken on in a 1990 management-led buyout from Westinghouse.â€
2. Comprehensive Care Corp. is facing bankruptcy because it invested in hospitals that diversified from its successful basic business of providing mental health care (“Health Firm Could Face Bankruptcyâ€).
Because many Republicans insist that government should be run like a business, maybe we may expect that the U.S. can start buying out other countries in order to diversify, resulting in more debt than we already have.
To make it even worse, The Times reported on the same date that while thousands of health care workers are losing jobs, the top creator of jobs is in entertainment.
What a funny nation we are.
SYLVIA S. LAMONT
Gardena
Inside the business of entertainment
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