Friday, September 17, 2010

$111 Million in Federal Stimulus Wasted

http://www.latimes.com/news/local/la-me-stimulus-audit-20100917,0,3706864.story

What did the auditor find was part of the problem? Too much government red tape. That is, government is too big and gets in the way...even of itself.

Moral of the story is that government is too big and the stimulus is too ineffective. The former should be cut down and the latter would have been better off as tax cut to let individuals decide how to spend or invest their own money. After all, tax dollars are OUR DOLLARS FIRST.

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