@Yanny:
A moderate economy will always be better than a Free Market or Command Market economy. The Government should own some businesses (Like for example the Energy business), so it can get additional revenue while providing more services to it’s citizens.
For example, how much money would we save if the Government made it’s own fighters instead of buying them from Boeing? That money can go toward lower taxes or more services.
careful.
The government is a notoriously inefficient producer of goods and services. They do not have to compete with anyone for contracts and they are too made up of VERY unionized employees. Also they still need to purchase the raw materials which they do NOT make. As someone who is continually soliciting contracts for goods and services, this is a tricky business as well, but especially for government because of their position as a non-corporate buyer.
I’m not saying you’re wrong, however the Canadian experience where much is publically owned and managed shows that both the privatization and government ownership of corporations (called “Crown Corporations” here) is a tricky business.