Yesterday, I published my #Festivus waste report, which highlighted $54 billion in truly outlandish waste in government.

Remember this the next time they tell you there’s “nothing to cut.”
I’ll give you some examples of it here:
Researchers used federal funds from grants worth $1,327,781.72 to see if you’ll eat ground-up bugs. Read more here: https://t.co/BU1CjiZdgS
The National Institutes of Health is spending $3,452,234.00 to test if social media messages will get moms to stop their adolescent daughters from using indoor tanning salons. Read more here: https://t.co/BU1CjiZdgS
U.S. Agency for International Development is spending $37,500,000.00 to help deal with truant Filipino youth. Read more here: https://t.co/BU1CjiZdgS
Researchers spent funds from National Science Foundation grants worth $1,557,083.00 to walk lizards on a treadmill. Read more here: https://t.co/BU1CjiZdgS
Those are just a FEW of the worst. There are many many more. And of course Congress ADDED dozens more examples in just one hellish Bill this week.
Here’s my full waste report again, and I’ll be back with a few more later. https://t.co/BU1CjiZdgS
and while you’re here, check out my speech on the senate floor this week against this 5593 page wasteful monster of a bill, an early, live #Festivus airing of grievances: https://t.co/FYN3BblBb6

More from Economy

Long rant: This @WSJ article bemoaning the decline of price theory is really worth highlighting. The economic theories and so called "laws of economics" that the WSJ consistently and religiously defends, are the source of their authority, power and privilege.


So called economic "theories" like "you get paid exactly what you are worth" and "markets are perfectly efficient" and "when wages rise, jobs fall" and "raising taxes on the rich kills jobs and growth" and "increasing justice decreases economic efficiency" and...

"Government intervention in markets always creates more harm than good" and "any regulation that constrains corporations kills growth and productivity", etc etc are effectively a protection racket for the rich. It is a set of internally consistent and mathematized conjectures...

That are all demonstrably nonsense. But getting people to accept these "theories" as laws of nature and immutable, timeless truths is the most effective way our current economic elites have found to maintain and enhance the status of the powerful and persuade the weak and poor...

to shut the fuck up and accept their lot in life. Now, FINALLY, some economists- are actually beginning to look at the real world evidence to determine whether these propositions actually describe anything real here on planet earth. Let me save you some time. The answer is NO.

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