Computers vs Congress

Apple and McDonalds are doing far better than Congress and insurance companies. Gallup poll last summer gathered public perceptions of various industries and agencies, and asked people to score them as either generally positive or negative. All the sectors that scored positive were in the private sector, with even airlines and banks scooting in under the wire. Every government sector and a few industries closely intertwined with federal protections and regulations scored underwater. This isn’t to say that everything government touches is lousy. That’s just the way people perceive it. In all exchanges – voluntary or otherwise – value is largely based on the desirability of the outcome versus the cost. If the cost is zero, nobody expects much and nobody cares about the brand. If it cost a bundle – be it an iPhone or the IRS – people either see great value and award a great brand score … Continue reading