With so much money flowing into government coffers and Americans working so hard to fund government activities, you would hope government officials were spending the money prudently.
In many cases, they aren’t.
Rather than focusing on protecting Americans’ safety and property rights through essential functions like national defense and the court system, the federal government is squandering your money on the following projects.
According to “Wastebook 2011: A Guide to Some of the Most Wasteful and Low Priority Government Spending of 2011” by Senator Tom Coburn (R-OK), the federal government gave $113,277 to The International Center for the History of Electronic Games, an organization that collects and studies video games. The feds also gave almost $50,000 to the second annual Hawaii Chocolate Festival, where visitors had the opportunity to taste 10 different chocolates, chocolate vodka, chocolate beer and chocolate popsicles, all for the stated purpose of supporting Hawaii’s emerging cacao industry.
The federal government spent another $75,000 to help Michigan promote its already successful Christmas-tree industry (the third-largest in the United States), $130,987 for dragon robots which are supposed to teach language skills to preschoolers and $6,279 to purchase snow cone machines for emergency management services, also in Michigan.
In 2011, another $1 billion went toward tax credits for energy-efficient home improvements for individuals who don’t own homes, including children and inmates, according to Coburn’s report. It seems safe to assume other tax credits are being similarly abused. The cheaters are unlikely to be caught, given the lack of documentation required with a tax return to claim many credits.
Coburn’s report implores taxpayers to ask themselves, “Do these initiatives match your understanding of the role of the federal government as outlined by the enumerated powers of the U.S. Constitution?” and “Do these represent national priorities or do they reflect the wasteful spending habits threatening to bankrupt the future of the American dream?”
When you send $1 to the government, it doesn’t provide $1 worth of services. In fact, it doesn’t even come close. James Payne, a research fellow at the Independent Institute, an education organization that studies critical social and economic issues, has quantified the financial losses to our society from the tax system. In his article, “The Unnoticed Deficit That Makes Us $6 Trillion Poorer,” Payne writes that the overhead costs of the U.S. government amount to $5.7 trillion in lost economic productivity, or approximately $18,000 per person. These figures tell us how much money is wasted through the government’s process of taking money from one person and giving it to another.
The $5.7 trillion in lost economic productivity consists of six costs, including disincentive costs from taxes that discourage productive economic activity, compliance costs associated with the challenges of understanding and preparing tax returns, and government costs to run and support the IRS.
Furthermore, there are administrative costs to run the agencies that redistribute taxpayer dollars, over-and under-consumption costs from people consuming a good or service when the government foots the bill, and lobbying costs when special interest groups pay professionals to curry valuable favors from the government.
“When government spends $100, the country winds up being $116 poorer than it would have been had that taxing and spending not occurred,” Payne writes. He suggests that the government stick to providing essential services that only the government can provide and let the private sector provide goods and services like “education, scientific research, pensions, healthcare, charity, arts and roads.”
The government has no business spending your money on items like those described in Coburn’s report.
If it cut these and other instances of extravagant spending, the government wouldn’t find it necessary to spend $30,015 per household annually in funds that must first be taken from honest, productive, income-earning citizens. We could dramatically shrink the federal budget deficit and improve economic productivity, raise living standards, and relieve cash-strapped households in the absence of such waste.
Together We Can Survive Anything,
P.S. Due to a change in Social Security regulations that took place on April 30th, 2016, you can now add as much as a potential $570 to your monthly benefits… Just by contacting the SS administration and saying ONE simple word.
That’s an extra $6,840 a year!