Wasteful Government Spending Without Fail

in #politics4 months ago

If there is one thing that government does well it is waste money on a broad scale, all of that overspending continually adds up and at the end of the day the people are the ones who lose. When they see one overbudgeted project or another there have been some who have even suggested that perhaps civil disobedience is the only way to get the attention of leaders who don't seem to be listening or demonstrating that they are going to change their ways, treating funding with more care and using more caution when spending and choosing which projects or endeavors they might embark on.

The foreign policy endeavors alone over the last 20 years have conjured up an incredible waste of funds and assets, as well as many innocent lives along the way. That isn't the only area where we can see wasteful spending though. Is it a guarantee that the state will continue down this path of running over budget and growing debt even further? What is that going to mean for purchasing power in years to come? What have they already done to purchasing power for the dollar over the last several decades? Maybe this trend is why we see gold ownership on the rise along with interest for things like digital currencies.

We know the top areas where people want to see spending, places like education, infrastructure, and healthcare, and a lot of the money that gets wasted would probably surprise folks on what is actually being paid for. Not everyone spends the time in keeping up with where the money is going. Sooner or later there are some difficult choices that are going to be made as there are payments to always be made on that debt. At what point is it going to reach unsustainable levels? Do political representatives even care?

https://www.forbes.com/sites/eriksherman/2024/05/30/the-us-sailed-past-1-t-quarterly-interest-on-the-public-debt/
https://www.heritage.org/budget-and-spending/commentary/wasteful-government-spending-adds-and-all-us-pay-the-price