"One of the things the government can't do is run anything. The only things our government runs are the post office and the railroads, and both of them are bankrupt"
About this Quote
The subtext is managerial moralism. Coming from a CEO who became a folk hero for rescuing Chrysler, the quote performs a contrast between private-sector turnaround culture and public-sector inertia. "Run" is doing double duty: it means operating, but it also implies discipline, urgency, and consequences. In Iacocca's world, failure gets you fired; in his caricature of government, failure gets you a bigger budget.
The choice of targets matters. The post office and railroads aren't random - they're legacy institutions with unions, politics, and mandates beyond profit. Calling them "bankrupt" collapses a messy reality (public service obligations, pricing rules, geographic coverage) into a single business metric. That's the rhetorical trick: redefine success as balance-sheet health, then declare government incapable by definition.
Contextually, this slots neatly into late-20th-century American skepticism about federal competence, when deregulation and Reagan-era rhetoric made "government is the problem" feel like savvy realism. Iacocca isn't just criticizing programs; he's laundering an ideological claim through the credibility of a guy who "ran things" for a living.
Quote Details
| Topic | Business |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Iacocca, Lee. (2026, January 17). One of the things the government can't do is run anything. The only things our government runs are the post office and the railroads, and both of them are bankrupt. FixQuotes. https://fixquotes.com/quotes/one-of-the-things-the-government-cant-do-is-run-32490/
Chicago Style
Iacocca, Lee. "One of the things the government can't do is run anything. The only things our government runs are the post office and the railroads, and both of them are bankrupt." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/one-of-the-things-the-government-cant-do-is-run-32490/.
MLA Style (9th ed.)
"One of the things the government can't do is run anything. The only things our government runs are the post office and the railroads, and both of them are bankrupt." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/one-of-the-things-the-government-cant-do-is-run-32490/. Accessed 12 Feb. 2026.






