Wednesday, June 04, 2008

The spend we're in...

Due to the increase in the number and size of our grandchildren, it became apparent recently that we were going to need a larger vehicle, regardless of gas prices. My wife is the shopper in the family, so most of the decision making fell to her. It was an exhaustive process to decide on the best vehicle, best gas mileage, best trade-in deal, best price and best warranty before she was able to tell me which one I wanted, and where we would spend our money.

By contrast, I attended a town board meeting the other evening where the board members spent $120,000.00 of taxpayer money on some home improvement projects at some apparently secret locations in less than a minute.

The two scenarios reminded me of the old adage about how we spend our money:

-When someone spends their own money on themselves, they are careful about how much they spend and what they spend it on.

-When someone spends their own money on someone else, they are careful of what they spend, but not of what they spend it on.

-When someone spends other peoples' money on themselves, they are careful of what they spend it on, but not of how much they spend.

-When someone spends other peoples' money on other people, they don't really care how much they spend or what they spend it on.

Elected officials and bureaucrats spend other peoples' money on other people all of the time. The only solution I can see is to limit the amount they have to spend by reducing taxes and the programs they are allowed to spend other peoples money on.

The only way to do that is to start electing some people that favor smaller government. Libertarians, perhaps.

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