Saturday, October 20, 2012

Why is there so much government waste?

I just read an interesting article on "Why is there so much government waste?". Here are a couple of excerpts that caught my attention:

"In Congress’s case, we have 535 people with trillions of other people’s dollars to spend. That they’re content to fritter billions away on toys for special interests shouldn’t be shocking.

First, so long as the federal government can spend money on anything it wants, politicians are going to spend money on anything they want. Second, contrary to what we’re taught in school, policymakers generally allocate money on the basis of political and parochial concerns — not on the basis of sound economics or even the so-called “public interest.”

That means that so long as the government can fund transportation, there is going to be waste. So long as the federal government can give handouts to state and local politicians to spend on economic development, there is going to be waste. And as we have documented at Cato’s website, www.DownsizingGovernment.org, even when there isn’t de facto waste, federal programs are fraught with countless other shortcomings."


I recognize that some government is necessary for any society to exist but without the "profit incentive" that we have in private enterprise, government continues to grow like a cancer and along with it the potential for abuse. If you ever needed a reason to vote for limited government, just read some of the 250 posts at wastefulgov.blogspot.com.

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