Posted on August 19, 2019
My parents tried to instill fiscal discipline in me while growing up. Those sensible rules didn’t fully kick in until I was on my own, managing my own money. In government, the officials are stewards of public money and have a responsibility to spend it according to budged line-items under carefully crafted procedures. Because of the natural tendency to treat other people’s money differently, throughout time, government has imposed restrictions, including ethical restrains and disclosure rules to…