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"Education costs exploded in the last 50 years because the government got involved" You do realize that the reason costs have increased is that State funding f
by IX-103 3y ago
"Education costs exploded in the last 50 years because the government got involved"
You do realize that the reason costs have increased is that State funding for public Universities has been significantly cut over that period? This "government can't do anything right" attitude has been a major driver in this increased cost?
Yes, the availability of some grants and guaranteed loans to people barely old enough to sign contracts did't help, but the big driver of the cost increases is the reduction of public funding. State funding for secondary education has been continuously reduced in the name of lower taxes and "fiscal responsibility".
As for Federal spending, it depends on how you slice it. If you count Social Security and Medicare and other "entitlements"* then SS and Medicare are huge.
If you don't, then the Military is the biggest expenditure. That's a little misleading though, since a large amount of basic and applied research is funded through the military (such as through DARPA and other agencies). If we reduce here we'd need corresponding increases elsewhere to avoid starving basic research. There are some expenditures that are wasteful there (I'm not sure how well the F-22 will handle the shift to drone warfare), so we could back there if we wanted to.
Funding for many other agencies is actually too low to accomplish their stated mission. We either need to reduce the scope of what they are legally required to do or increase funding. For the IRS, one thing we could do is to simplify the tax code to make audits less expensive. Similar changes could be made for the INS.
As for wastefulness, if you compare the government to private companies to implement the same standards, government is always cheaper. The only way private companies get cheaper is to provide less or offset the cost in some other way (unexpected externalities). The real reason expenses are so high is that the government is big -- it provides services to every person in the US and many others around the world. It covers a large number of markets from healthcare, security, finance, etc. There is literally no company comparable to the Federal government in totality. But if you compare just the pieces you still find government usually comes out ahead.
*"Entitlements" really should be considered contractual obligations and treated separately from the budget -- after all, would we allow a private company to include disbursements from their pension fund as part of their budget? Fuck no, that's a separate pile of money that doesn't belong to you. The entire framing around "entitlements" is designed to trick people out of their money.