It's far worse than that. Say an employee in the private sector could create $1,000 of value every day. Government employees have the power to negate a multiple of that. One government employee with rules, regulations and incessant bans can destroy $100,000 of value every day. That magnifier is really destructive to the nation. Imagine what replacing our entire energy and transportation infrastructure is going to cost. Hundreds of trillions of dollars that nobody has. And there will be ZERO net benefit to anybody of that waste.
You are absolutely correct.