Monday, March 25, 2013

Why the Size of Government Matters | Cato Institute

Why the Size of Government Matters | Cato Institute: "The further government gets from its core functions, the more it gets involved in areas where it just isn’t qualified to do a very good job. We have 126 separate federal anti-poverty programs, at a cost of $668 billion per year, yet poverty has hardly been dented. We spend more on education every year, but test scores remain stagnant. The stimulus bill spent as much as $540,000 for every job it created. Social Security is a giant pyramid scheme. Medicare and Medicaid are models of inefficiency."

"Washington is a town with 12,390 registered lobbyists and a special-interest association on every corner, from the American Dehydrated Onion and Garlic Association to the National Balloon Council. But why are they there? Because the government is involved in everything from dehydrated onions to balloons.

You can decry the influence of lobbyists and money on politics all you want, but those who are taxed, regulated, paid, hired, or controlled by the government are naturally going to try to influence how they are taxed, regulated, paid, hired, and controlled. Nor should it be a surprise if these interests try to rig the game in their favor by, say, securing special tax treatment for themselves or encouraging greater regulation of their competitors."

No comments: