Hey! Randy

Never Full

Posted by heyrandy on September 5, 2009

I like spending money. When I spend my own money, my natural parsimony controls my wants. When the money is not mine, I am cautious about what I buy. This is because I must account for what I spend. Fear of exposure imposes a discipline.

The governments have no real check on their spending. Unless prohibited by law, government at all levels will spend wildly. They spend worse that  drunken sailors. Drunken sailors stop spending when they are broke. When governments run out of money they just raise taxes or borrow more. If you are the federal government you can also print more.

Governments spend for one reason: to survive. Governments are bureaucracies. The first rule of bureaucracy is to perpetuate itself. The second rule of bureaucracy is to expand itself. This requires money. Since governments do not produce a good or a service that can effectively compete with private companies (try to name one), they must get their money by force. Force is something governments are very good at using.

Governments fear exposure. Exposure causes momentary embarrassment but no real change. In reaction to the embarrassment, elected and appointed officials make all kinds of motions about this and that. Lots of blah blah blah. When the smoke clears, it is all just a temporary disturbance. Nothing will be different. If it is a egregious embarrassment some low level employee will be sacrificed to appease the press and the public. Then all is forgotten. Unlike a latrine, the memory hole is never full.

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One Response to “Never Full”

  1. […] Never Full « Hey! Randy […]

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