The article discusses how GASB Statement No. 34 is part of broader changes in government policy and management, moving towards privatization and business-like operations. It questions the future of government accounting and the balance between commercial and public service-oriented approaches. The shift from traditional cash budgets to accrual accounting is explored, with historical context on government unions' opposition to commercial accounting models. The article highlights the ongoing tension between running government like a business and maintaining government involvement for societal progress.