See, Billy is stupid. And stupid people think that two things that sound or seem similar are actually identical.Give me an example of private industry failing. You said "countless"....give me one.Okay so your basic, simple minded point is that sometimes gov fails. Well I can give you countless examples of private industry failing. Does that mean we should abolish capitalism? No of course not.Here's a few reasons
The government spent over $1 Billion to develop the only website on the planet that can't tell you when someone bought your product
The government runs public housing, the Post Office and the DMV
So he could point to, e.g. Wang Computers as a "private industry that failed." Or Eastern Airlines. But private industry is not identical to private company (i.e. not government owned). But to brainless turds like Billy it's all pretty much the same thing.