Home

THE LATEST

Biz as Usual: Musk’s Starlink Is a Very Expensive and Inefficient Proposition

The Latest from Seton Motley | Less Government | LessGovernment.org
So Much Government Money

There are many, MANY problems with the US government sloshing trillions of dollars per annum throughout the economy.

Ironically, trillions of those dollars over the decades have been sloshed around in the name of “sustainability.”  Except one thing that is absolutely un-sustainable?   The massive debt DC has accrued sloshing around those tens of trillions of dollars.

Perhaps the worst part of blindly shotgunning money into the Body Americana?  It props up a lot of really terrible ideas.  And makes a lot of other ideas look a whole lot better than they actually are.  And that fake “success” – means they keep getting government money.  Year after wasted year.

No one does fake “success” like DC.  To wit: Social Security and Medicare are heralded nigh everywhere as “successes.”  Yet the two programs are $175+ trillion short over the next thirty years.  I’m no accountant, but….

If something is a good idea – no government money is necessary.  Because there will be plenty of private money champing at the bit to invest.  No one needs to subsidize ice cream.

And as Artificial Intelligence (AI)’s about-to-burst, multi-trillion-dollar bubble demonstrates?  The private sector swings and misses a whole lot.

So if your idea is so bad it only attracts government money?  It is a REALLY bad idea.

Which brings us to Elon Musk.  One of America’s all-time great gobblers of government money.  Behold the Government-Preneur. (more…)

The Less Government Newsletter Now Published on Substack

Subscribe

Archives

THE (NOT QUITE) LATEST