Waste happens when the government spends money but receives no corresponding benefit. It can be well-intentioned. Congress authorizes some kind of program expecting a certain result, but it doesn’t ...
Politicians and think-tank wonks of all stripes love to condemn government “waste, fraud, and abuse.” But saying it isn’t hard. Who is the opposition? No one says we need more waste, fraud, and abuse.
John Mauldin is a best-selling author, analyst, financial writer, and co-founder of Mauldin Economics. His weekly newsletter, Thoughts from the Frontline, was one of the first free e-letters to ...