Mary Meeker Is Not Bullish on USA Inc.

Mary Meeker isn’t just a famed Internet analyst turned venture capitalist–she’s now doing public policy. Or at least it appears that way, based on a new, 266-page report she’s published for Kleiner Perkins on “USA Inc.” The conceit is that she’s analyzing the federal government as if it were a business, and the conclusion is not uplifting: “By the standards of any public corporation, USA Inc.’s financials are discouraging.”