Comment by oldmanhorton
1 day ago
Sure, but this is based on a fundamental trust in governments ability to spend money effectively. The ineffective spending has been in the news way more than the effective spending, so some people take this to mean all of the spending is ineffective.
I don’t know how to square this skepticism of government against very vocal “patriotism” coming from the trump camp, but humans can contain multitudes, I guess?
It's a simple question of economics and observation.
In a free marketplace, when a product, service or company is no longer useful...it dies. This creates a natural incentive to constantly improve, operate more efficiently or expand into new areas where it can create value.
With government spending, this doesn't happen because there's no incentive for it to happen. Programs are created and then they grow, perpetually, forever.
My goodness, I still remember Bill Clinton proudly showing a balanced budget. I remember George Bush Jr running with one of his biggest campaign points around fixing Social Security.
How we got from that era of energy for fiscal responsibility to $39 trillion in debt is...maddening.