Why is Government Inefficient and Wasteful?

When you are spending someone else’s money, you lose the incentive to spend wisely, and often misuse it altogether. Generally, no one spends other people’s money as carefully as they spend their own. This is fundamental human nature that will always plague government programs. This is one of the foundational reasons why government is inherently inefficient and wasteful in the economic realm.

Leave a Reply

Your email address will not be published.