I just had a *discussion* with my “independent” hub talking about govt waste and big govt. I said the govt shouldn’t be big sized or small sized, it should be right sized. I understand what he means by govt just throwing $ at problems, or forcing spend toward end of fiscal year so they don’t lose funding, but it seems we don’t do much effective analysis. Take flood insurance for multiple Florida coastline hurricane losses. Should there be limits to number of times paid?
#USPolitics
Well, often enough we DO effective analysis, but it doesn't matter since at its core a political institution like a government is political. It acts on subjective valuations of officials and subjective valuations of the humans being governed.
Florida is a great example. We know the negative results of continuing those subsidies. The analysis is done. However, we decide to continue those policies anyway because that represents the subjective valuations we make as a country.
Keep in mind that we voters are the ones awarding those congresspeople as we actively reelect them, affirmatively going to the polls and saying, "Yes, you did a good job, have another term in office."
We don't just sit back while things happen. They don't get power unless we voters decide to stand up and give it to them.
We must remember our power and not act like we have none.... or we effectively won't.