What distinguishes government's approach to financial mismanagement from private businesses?

In the private sector, financial mismanagement results in immediate accountability - CFOs losing a trillion dollars would be fired, accountants unable to track expenditures would be terminated, and project failures would result in wholesale dismissals. As Jesse Watters highlights, this represents basic common sense in business operations. However, government operates by entirely different principles. Politicians and bureaucrats, lacking business experience, respond to financial shortfalls by simply taxing citizens or printing more money. When failures occur, rather than terminating those responsible, they paradoxically expand bureaucracy by hiring additional staff. This fundamental difference in accountability structures explains the persistent financial waste in government operations.