How the government wastes your money

3 years ago
48

Why and How does the Government waste your money? In this video we explore the mystery of the "Government money pit" and why the private sector always seems to do a better job. Some of the answers are obvious, others are...well...yeah.

3 of the biggest reasons for Government wasteful spending and the Eternal Government Money Pit. There is a strange phenomena of the Government constantly spending more money than the private sector on equivalent projects. Or sometimes spending money on projects that no one wants or needs. Or sometimes just flat out throwing money to the wind. Will there ever be an end to the government waste?

So dive in as we go over:
00:29 How government ignores evidence by ignoring risks
03:02 Corruption in Congress
06:36 Modern Monetary Theory and associated abuse

ALSO I have a twitter now:
https://twitter.com/MentisWave

Learn Liberty video on the Knowledge problem of Central planning:
https://youtu.be/zkPGfTEZ_r4

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Background Music used:
Human Among Us - Synthwave -
Royalty Free Music by TeknoAXE ( CC BY 4.0 )

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