Monday, October 18, 2010
Government Spending
Today's state and federal governments are for the most part, financially screwed. It seems that almost everywhere we go, government is spending money like crazy and is always in need of more. Most states have a deficit of some sort, and have no way out of it. I'm not here to claim why exactly this is, or what they should do about it, but I can say that I have come to the realization that our modern day government has no idea how to make and spend money. Our bureaucracy ridden government is incredibly inefficient and slow at getting anything accomplished. I believe the main advantage of capitalism over socialism is just that: Low bureaucracy, and more productivity equals higher quality of goods and services and oh yeah, more cash.
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