What federal subsidies and takeovers have ever improved the prosperity or quality of life for most American citizens?

FAIL

"Government work" and "government worker " are oxymorons! m/r

Do Government-Run Companies Work?
by BURT Folsom on JANUARY 24, 2013

What examples from U.S. history support the transfer of funds and power from private to government control? In other words, do we have historical precedents for successful government subsidies to private companies? Also, do businesses owned by the federal government perform well?

Let’s review some historical examples. President George Washington experimented with government control when he supported passage of a law to set up a federally funded fur company for the Northwest Territory. President Washington thought this government-run company would help to prevent the British from encroaching on U.S. land, because agents of the British-owned Hudson Bay Company bought furs from the Indians in the Northwest.

Unfortunately, Indians and trappers alike despised the inefficient American company, but John Jacob Astor became a part of the solution. As a new resident of the United States, Astor founded his own private company and successfully bought furs from the Indians, making a fortune in the process. Under President Monroe, the U.S. finally disbanded the nearly bankrupt government company, sold its assets, and allowed the more competent private U.S. companies to do all the nation’s fur trading.

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