From Thomas Sowell:
What are the Beltway politicians buying with all the hundreds of billions of dollars they are spending?There's much more at the link. Go read.
They are buying what politicians are most interested in — power.
In the name of protecting the taxpayers' investment, they are buying the power to tell General Motors how to make cars, banks how to bank and, before it is all over with, all sorts of other people how to do the work they specialize in, and for which members of Congress have no competence, much less expertise.
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