First, a few details:
Unemployment fraud during the pandemic could easily reach $400 billion, according to some estimates, and the bulk of the money likely ended in the hands of foreign crime syndicates — making this not just theft, but a matter of national security.
They all knew fraud was inevitable, but decided getting the money out to people who desperately needed it was more important than laboriously making sure all of them were genuine.
That last bit was explicitly endorsed by then-Vice President Joe Biden in 2009 when he was put in charge of Barack Obama’s Porkulus I “stimulus” spending orgy.
“We know some of this money is going to be wasted,” Biden said then. “Some people are being scammed already.”
The shovel-ready jobs weren’t. The efficiencies gained from infrastructure improvements never materialized.
The waste-to-benefit ratio back then approached ?:1.
Same thing now, because once the Leviathan gets this big, it doesn’t matter much who’s in charge of it.
Washington will surround its own buildings with troops and barbed wire to protect it from imaginary threats but let hundreds of billions of our dollars go to Russian and Chinese crooks without a care in the world.
According to the report, the absolute low-ball, low-end figure is that international thieves got hold of $200,000,000,000 of our money.
The average taxpayer will fork over $525,000 in their lifetime.
Assuming all of that went to Washington — it doesn’t even come close, after state and local taxes — it would take 381,000 average lifetimes to make up for what Washington so frivolously wasted as just a cost of “getting things done.”
But it could be as many as 762,000 lifetimes if the crooks got away with the high-end figure.
This kind of thing is exactly why conservatives are conservatives.
We understand, in our brains and in our souls, that government just isn’t very good at very many things. So the best thing is to constitutionally limit the number of things that government is allowed to do, and to keep its power to tax, borrow, and spend limited, too.
We failed at that, and now Washington fails us at every trillion-dollar opportunity.
But it does prove one thing: We might have lost the battle for small government, at least for now, but we conservatives were the sane ones all along.