Friday, August 21, 2015

Circular logic and government programs

Of the many reasons I like Rand Paul, one is his pragmatic approach to budgeting. In business, you budget from the bottom up: what do I absolutely have to do to stay open. Everything else is discretionary. Find the fraud, waste, and abuse. Like Rand says, "Not one more penny to countries who burn our flag."

If businesses budgeted and spent like the government, they wouldn't stay open, much less thrive. Too often people justify the existence of a program simply because they don't know what they'd do without it, but that's just because they've never been forced to justify it. Circular logic.