Monday, May 1, 2017

America as a corporation

American corporations are required by law to file annually a Form 10-K, which exhaustively details the business's operations, including its expenses, its true profits or losses, its risks, etc, etc., etc.  A short article in this week's Economist has alerted me to the fact that Steve Ballmer, Microsoft's sometime CEO, has launched a website which is, in effect, a Form 10-K for the US government. It can be found at https://usafacts.org.  The Economist article can be found here.

It is worth perusing this site, because it gives an interesting view of our government's operation. I have just begun to explore it, but already I am impressed.  And the Economist article gives a nice summary of what the government's Form 10-K reveals.