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Define wasted. Was it burned? Unless you are talking about military expenditures, which have some of the lowest economic multipliers, it paid someone's salary,

Define wasted. Was it burned? Unless you are talking about military expenditures, which have some of the lowest economic multipliers, it paid someone's salary, who in turn went and participated in the economy. Was it ideally spent? No, but read some Edward Denning: you can spend more money ensuring that only the right people get money or you can just wrote checks and accept statistical levels of error.

at-fates-hands 13y ago
Uh, just Google: "Wasteful Government Spending" and you'll find a few gems like this: http://www.policymic.com/articles/48003/14-ridiculous-ways-the-government-is-wasting-your-tax-dollars-you-won-t-believe http://www.policymic.com/articles/48003/14-ridiculous-ways-t... "Gitmo detainees also have a soccer field funded by American taxpayers. Don't worry, it only cost $750,000 to build." "The federal government pays pensions of deceased employees, costing $120 million. According to the Huffington Post: "One man, whose father died in 1971, continued to receive payments until 2008 when he himself died, costing the government $515,000, according to the report." "According to Senator Coburn's 2012 "Wastebook," in 2009, the U.S. Agency for International Development (USAID) implemented a plan "to improve the economic competitiveness of Morocco" costing $27 million" "$516,000 of your money was spent to make a video game providing taxpayers with the opportunity to relive prom."
- splitrocket 13y ago
  Arguably, still not actually wasted. Went back into the money supply, bought goods and services, contributed to the economy. Seriously, unless you have truly minimal savings rate like the dirt poor, when you pay taxes you are doing one of two things: building infrastructure or boosting the economy. Surely your taxes COULD be better spent, some government expenditures have higher economic multipliers than others, but wasted? You don't understand economics.

at-fates-hands 13y ago

Uh, just Google: "Wasteful Government Spending" and you'll find a few gems like this: http://www.policymic.com/articles/48003/14-ridiculous-ways-the-government-is-wasting-your-tax-dollars-you-won-t-believe http://www.policymic.com/articles/48003/14-ridiculous-ways-t... "Gitmo detainees also have a soccer field funded by American taxpayers. Don't worry, it only cost $750,000 to build." "The federal government pays pensions of deceased employees, costing $120 million. According to the Huffington Post: "One man, whose father died in 1971, continued to receive payments until 2008 when he himself died, costing the government $515,000, according to the report." "According to Senator Coburn's 2012 "Wastebook," in 2009, the U.S. Agency for International Development (USAID) implemented a plan "to improve the economic competitiveness of Morocco" costing $27 million" "$516,000 of your money was spent to make a video game providing taxpayers with the opportunity to relive prom."

splitrocket 13y ago
Arguably, still not actually wasted. Went back into the money supply, bought goods and services, contributed to the economy. Seriously, unless you have truly minimal savings rate like the dirt poor, when you pay taxes you are doing one of two things: building infrastructure or boosting the economy. Surely your taxes COULD be better spent, some government expenditures have higher economic multipliers than others, but wasted? You don't understand economics.