We already knew that the coronavirus pandemic resulted in a bigger burden of government. None of us should be surprised that we also wound up with record levels of waste.
June 21, 2021 (International Liberty) – Politicians and bureaucrats are (self-interested) conduits for taking money from one group of people and giving it to another group of people.
Milton Friedman famously explained that this is why they largely don’t care about how much money is spent or how effectively it is spent.
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