The short answer to the first question is that politicians and bureaucrats have strong incentives to misuse public resources by pretending that they are businessmen, and state and federal constitutions permit them to do so. The incentives are there because government-owned enterprises offer the politicians and bureaucrats who control them opportunities to reward friends and punish enemies. Politicians and bureaucrats also can win public support by depicting great potential benefits while suppressing full information about costs. Lakewood, Colorado, offers an excellent example: Officials tout the purported benefits of a light rail line through the city. But they say little about the system’s sparse ridership, the economic drain from its cost, and how the system “crowds out” more thrifty private alternatives.
Here are some examples of how we can respond at the state constitutional level:
October 09, 2015
Meme Brilliantly Expresses The TOTAL FAILURE of Socialism
Posted by pooja