First the startling news:
Qwikster Is Gonester: Netflix Kills Its DVD-Only Business Before LaunchHere's what you need to take away from this: It doesn't matter a great deal what direction Netflix goes with its business model. What's absolutely amazing is the fact that this multi-billion dollar corporation was able to radically alter its plan on a dime. Literally transforming itself - in a matter of three weeks - from something new to something ... not-so-new.
By Peter Kafka
Qwikster, we never knew ya: Netflix has killed its plans to turn its DVD service into a separate business.
Netflix CEO Reed Hastings delivered the news via a blog post this morning, reversing a decision he announced via a blog post three weeks ago. Though the Web site for Qwikster, the would-be DVD-only service, said Sunday night that it was “launching soon,” it will never launch at all. The URL now directs visitors to the main Netflix site.
While Netflix had to use some strained logic to explain its decision last month, this one is straightforward: It’s not going to force customers to use two different services to rent DVDs and streaming video, because customers hated that idea. [link]
Compare that to government decision-making.
By everyone's measure these days, ObamaCare is an Obamanation (health care costs are destined to increase, there's going to be a doctor shortage, and a scarcity of care, red tape will abound, and people are going to die). But it is now set in stone. It will be here for decades, if not forever.
Because government has never been able to make corrections in its course. That plank politicians have us walk is a one-way
To those who think we need more government control over the marketplace, I ask you to look to the Netflix saga. The market has the wondrous ability to fix problems the likes of which Obama and his army of "fixers" can only dream.