When the engine of growth gets into a comfort zone, it is the engine driver who gets into trouble

October 20, 2014 

Private sector is the engine of growth and public sector is the engine driver
Private sectors in modern economies are branded as ‘Engines of Growth’. They have earned this brand name due to their innovative power, resilience, foresight and ability to assess and mitigate future risks. In the opposite, the government sectors lack these attributes. As a result, when they take part in economic activities, they very often end up in disasters requiring taxpayers to put their hard-earned money into them continuously to keep them afloat.
When the Engine of Growth Gets Into a Comfort Zone, It is the Engine Driver Who Gets Into Trouble by Thavam