Noted
7 hours ago
nobody knows anybody, not that well - Tom Reagan, Miller's Crossing
Government subsidies can be critically analyzed according to a simple principle: You are smarter than the government, so when the government pays you to do something you wouldn't do on your own, it is almost always paying you to do something stupid.
Government is not in the business of producing results. Government is in the business of producing government: passing laws, changing rules, setting up bureaucracies. This is why government is always more interested in problems than solutions.