House Approves Stopgap to Keep Government Afloat - NYTimes.com

The bill also increases the budgets for lawmakers’ offices by more than 8 percent.

Huh?! What was that? In the same bill that essentially acknowledges that the Federal Government needs to dip into the credit card to pay the bills, the Congress INCREASES its overhead by 8%. 8%!! Are you increasing the overhead in your household by 8% this year? In your business? In your church or synagogue or mosque?

This is the simplest example of why central planning does not work. It is divorced from financial reality and lives in some netherworld of privilege and hubris.  Life is easy when you don't have to balance your checkbook.

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Posted 10 months ago

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