Wednesday, April 15, 2009

Federal Government Expenditures: Waste

Of the three biggest chunks of spending, we know that both Defense (still fighting the cold War) and health care (higher delivery cost than any where on earth) are loaded with waste. I conclude that by being smart, probably an impossibility, we could take care of the pension and health needs of our "advanced" civilization without significantly higher taxation. It will take years of chipping away at the mix strategically. By the way, aren't education and research ridiculously low given our bleak future in energy and the environment?

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