Summary:
When an organization operates as a monopoly, transparency is unnecessary. There are no consequences because everything is operated in secrecy. Much of the activity becomes a money laundering enterprise to benefit the government's friends and family (FOG). Efficiencies and best practices are unnecessary because those who question will be destroyed as though they are criminals.
Rolling forward, the operation of in-efficient government bureaucracies is called into question. The U.S. has 2.3 million federal employees, most of which are members of a monopolistic labor union, not counting non-government organizations (NGOs), institutions, and contractors.
The General Services Administration (GSA) manages a massive commercial real estate portfolio totaling 370 million square feet nationwide. So, what is the status of the buildings? Are they fully occupied, under-utilized, or Vacant?
The 7,500 federally owned and managed buildings are only 12% occupied. Two thousand two hundred buildings stand empty, cost money to maintain, and are aging into disrepair.
Article:
For the first time in my adult life, the question of operational efficiencies is coming to life. The administration under Donald Trump is now going to confront the mismanagement. Vacant, underutilized, and in disrepair buildings will now be disposed of on the open market. Even at $500 per square foot, the total value could be $185 billion.
Additionally, the GSA leases 70 million square feet from the private sector in D.C. Any private sector organization would consolidate into government-owned buildings and lease no outside locations. However, the government does not care about accountability.
The new administration is considering selling two-thirds of the mismanaged portfolio to the private sector. This could lead to significant cost savings and better utilization of these properties. Today's smart money would purchase much of this real estate because it can purchase it at 30% of its value. Aging office buildings are problematic because they deteriorate as they sit vacant. However, we can prevent further deterioration by selling these properties and putting them to productive use. This potential for positive change should inspire and motivate us to push for reform.
We are witnessing a top-to-bottom shakedown of government waste. In addition to removing vacant buildings, this will include getting rid of vacant and underutilized people. The government can ask private enterprises to bid on jobs to replace the people and the required services.
By shaking down all the frauds and inefficiencies in government, we have the potential to save an amount equal to the annual deficit of $3.5 trillion, thereby creating a balanced budget. This is a significant opportunity for positive change. Despite the expected pushback from the bureaucracy, we could, in 4 years, eliminate 50% of the bloated government and transfer the power and authorities back to the states where they belong. The shakedown is in process and is occurring at light speed. This potential for a balanced budget and positive change should inspire and motivate us to push for reform.
It's a beautiful day in D.C. neighborhoods, and it's a beautiful day for American taxpayers. We can even bring the same shake down to the state level.