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I worry what that says about our lives as a whole. The government will make our lives the lowest common denominator that we are willing to endure.
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How are you still blaming this on “the government”? Is your thesis that the business world would be delivering high quality products and experiences if only those damned bureaucrats would get out of the way? What possible evidence do you have left for that hypothesis at this point?

EDIT: this was a misread on my part, retracted, carry on.

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He isn't blaming the software problem on the government. He is saying that if we apply this reasoning to everything in our lives, then we have a race to the bottom in other facets, of which one is government.
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Yep, I see it now. Thank you.
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He is saying "if we apply (or are applying) the same business mentality to government, we will get literally the worst government we are willing to tolerate based on money"

It's not blaming. It's an explanation for probably why things can go wrong.

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Gotcha, ok - I’m misreading it. Thank you.
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And people seek out the highest quality product they can pay the lease for
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Not always. There are diminishing returns at the top end of the quality spectrum. I tend to go with the cheaper item even if I can technically afford the more expensive one if their quality is close enough.
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