Do you believe in Milton Friedman's Parable?
If you spend your own money on yourself, you are very concerned about how much is spent and how it is spent.
If you spend your own money on someone else, you are still very much concerned about how much is spent, but somewhat less concerned about how it is spent.
If you spend someone else's money on yourself, you are not too concerned about how much is spent, but you are very concerned about how it is spent.
However, if you spend someone else's money on someone else, you are not very concerned about how much is spent, or how it is spent.
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OK, lets say that some one gives you their credit card and asks you to go Christmas shopping for his friends on the 23rd of December. The mall is crowded, you barely found parking at the furthest edge of the parking lot and the weather/temperature is just unbearable. The lines are long, people everywhere pushing and shoving, kids screaming (get the picture)? Now, are you going to worry about the cost of the gift? After all, you're not paying for it. Are you going to worry about what you buy? After all, they're not your friends. Chances are that you're just going to grab the first thing you see for the specified gender on the list of friends and move on. Well, government agencies are like that too; hence the phrase, "Good enough for government work." 0
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Let me guess. You were probably brought up in, at the very least, a middle income family. Well, I wasn't. I made it. My aunt is on welfare. She is physically capable of working but why should she when Uncle Sam has free money for her. And two of my cousins are also on welfare (if it's good enough for mom....). So don't tell me I don't know what I'm talking about. Side: yes
Uncle Milty, unfortunately wasn't right about very much by later in his career. The idea that a group of people, acting through their govt., can't be efficient with monetary expenses on behalf on the public is just silly. Believe me, there are plenty of people in govt. right now that take very seriously how they spend the public's tax money. Side: No
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