Thursday, December 18, 2008

Why do I see this going badly?

Watching bureaucrats fight each other over borrowed money would be a lot more fun if we weren't picking up the tab.

This is exactly the kind of trouble we should expect from pandering politicians being given increasing amounts of money with which to buy votes. What's really outrageous is that the public sector shows no inclination to learn its lesson.

We must be crazy to give people who have already overspent their budgets more money. It's double-crazy to give them borrowed money.

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