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"Inspecting the stimulus money for waste is so ridiculous — waste is perfectly fine, the important thing is to get the money into circulation so that the econom
by babyshake 17y ago
"Inspecting the stimulus money for waste is so ridiculous — waste is perfectly fine, the important thing is to get the money into circulation so that the economy can get back on track."
The implicit goal of inspecting for waste is to reduce moral hazard. Repeatedly, all over the world, we see that corruption and a lack of trust in government can have significant negative effects, including both high rates of tax delinquency and divestment from domestic assets.