Tuesday, April 13, 2004
Penny saved is a penny lost
Government works the opposite of business. The difference? The word is profit. Profit is achieved by saving money - that is the incentive. Profit is a dirty word to socialists and their government friends, so they have no incentive to save money. Their incentive is perverse and inverse: the more they save, the less they get in next year’s budget, as Greg Weston reports.
This annual phenomenon is rooted in the belief that no bureaucrat worth his lunch break leaves a dime unspent, that a penny saved in this year’s budget is a penny lost from next year’s allocation.
This is, among many other things, the problem with government - and the main reason to privatize all services.
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