The U. S. Government operates like a five and dime store in an Ebay world.
He was referring to the United States efforts at public information, public relations, and public diplomacy.
We’ve spent trillions of dollars on these problems and we have damn near nothing to show for it.
Government buffer-stock schemes are rife with politics, and instead of generating profits from buying low and selling high, they tend to generate losses.
Generally speaking, government programs have the reverse result from the goal.
Trillion-dollar bailouts, bloated budgets, and boondoggle spending packages aren't working, at least for my friends and neighbors.
Every year the State will be the dog that chases its own tail... engaging in a futile attempt to close a perpetual budget gap.
We have a lame-duck Congress, we have a lame-duck administration, we have a lame-duck Secretary of Defense, all of whom support this legislation. If we do not pass this bill and allow these [military] base closures to be named this year, it will be another 10 years before such an opportunity comes again.
You can get a coalition of senators from particular states in America, for example, who want to construct highways or dams or ports which may well be very inefficient. The taxes would be paid by the people over the whole country, but the benefits would go to the few people in those particular locations. This type of spending is a rather gross waste of resources that worsened over the years as the government has been allowed to do more particularized things.