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Thursday, August 21, 2003

Smaller Government, Please
Also in the Wash Times Richard Rahn has a good opinion piece on endemic government mismanagment. Some selected bits:

Congress endlessly fails in its oversight responsibilities to protect the taxpayers. [...]
The system does not work because politicians have a vested interest in underestimating the costs of their favorite schemes, and because government managers are rarely fired or otherwise penalized for misspending the taxpayers' money. [...]
Of course, as students of "public choice" economics have long known, the only lasting solution is to keep the size of government to the minimum, which has the benefit of protecting both our pocketbooks and liberties.


Amen, Brother.

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