Imagine you are standing on a street corner when an urban outdoorsman approaches and asks you for money to buy food. Being in a generous mood, you give him a five-spot, and then watch in dismay as he makes a bee-line for the convenience store, buys a pint of Mad Dog and downs it. When he again approaches you asking for food money, would you believe him?

Now imagine the bum has control of your wallet – in fact your entire income – and can take whatever he wants. Your only option is to walk to another street corner with a different bum – but only every 4 years. You can only hope the new bum will be more thrifty than the old one.

Now imagine the federal government. The problem is that Congress has spent far too much for far too long on things that provide little or no benefit. The solution absolutely cannot be to give them more money.

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