Milton Friedman: Spending National Income

Milton Friedman Money Quote saying government spending is not accountable because few care how much is spent once allocated. Milton Friedman said:

If I spend somebody else’s money on somebody else, I’m not concerned about how much it is, and I’m not concerned about what I get. And that’s government. And that’s close to 40% of our national income
— Milton Friedman

Categories: spending Tagged:governmentincomemilton friedmanspend