Today’s Commentary: Since when is insuring the Success of the Olympic Games a proper function of State Government?
Funds in the possession of the government at every level must be treated with the utmost care. After all, these are not moneys freely given into the custody of federal, state and local officials. On the contrary, government coffers are filled, by and large, by money coercively taken from people in the form of many different taxes. For fiscally responsible policy makers, this burden weighs heavily, as they ask themselves, before every vote taken to spend or commit these dollars, "Is this spending necessary?" or, "Is it right to spend money we have taken by force on this particular spending project?" A principled conservative policy-maker would look at every spending proposal, and ask, "Could this money be better spent by an individual?" After that, they might ask, "Is this spending something that should be taking place not at my level of government but perhaps a level of government that is closer to the people?" But perhaps the trickiest part for policy makers is to avoid the temptation to throw principled fiscal policy out the window as opportunities come along to supplant… Read More