After detailing the latest ways in which your hard earned money has been pissed away, Alisdair Palmer has this to say:
Officials seem not to care about losing millions, indeed billions, of pounds. And in a way, who can blame them? It\’s not their money. They are not held responsible for losing it, and they suffer no adverse consequences when they do.
No one in the Home Office will lose their job because of the millions wasted on that asylum centre, just as none of the civil servants in the Ministry of Defence has suffered for the Chinook fiasco, and no one in the NHS is held accountable for the disaster of the NHS computer system, and no one in the Treasury will even be reprimanded for the catastrophe that accompanied the computerisation of tax credits.
Accountability requires holding those who waste money to account. But no political party has shown any interest in holding those who waste our money responsible for it. Watch the waste continue and grow.
Cue Uncle Milt on the four ways to spend money.
There are four ways in which you can spend money. You can spend your own money on yourself. When you do that, why then you really watch out what you’re doing, and you try to get the most for your money. Then you can spend your own money on somebody else. For example, I buy a birthday present for someone. Well, then I’m not so careful about the content of the present, but I’m very careful about the cost. Then, I can spend somebody else’s money on myself. And if I spend somebody else’s money on myself, then I’m sure going to have a good lunch! Finally, I can spend somebody else’s money on somebody else. And if I spend somebody else’s money on somebody else, I’m not concerned about how much it is, and I’m not concerned about what I get. And that’s government. And that’s close to 40% of our national income.
The problem is that there are some things that need to be done and that only government can do so we\’ll always .have some portion of that fourth type of spending. The trick is to minimise it: to only get government doing only the things that are both necessary and which only government can do.
At the very least, that form of logically constructed minarchist state will piss less of our money away.