Let Market Signals Guide Government Spending

Let Market Signals Guide Government Spending
AP Photo/Keith Srakocic

There is only one organization on this planet that can ignore the dictum to invest wisely and not face financial ruin. As I have said, government, having no funds or resources of its own, must commandeer them from others. Unfortunately, there is not presently, nor has there ever been a measure with which to confirm that money so industriously earned and carefully accumulated by the citizen and corporation, and so mechanically seized by authorities is ever directed to pursuits that bear calculated, salutary and profitable returns for a community and its resident citizens.

 

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