With an extremely busy and challenging few months ahead with my business, and a home life that includes raising two energetic little boys aged 1 and 3, I’m putting Flaggman’s Canada on hiatus until Summer 2009. I apologize to my loyal readers, and I look forward to returning later in the year. In the meantime, in this age of “Stimulus Spending”, read the timeless wisdom of the late, great Milton Friedman, and commit it to memory:
There are four ways in which you can spend money.
1) You can spend your own money on yourself. When you do that, why then you really watch out what you’re doing, and you try to get the most for your money.
2) You can spend your own money on somebody else. For example, I buy a birthday present for someone. Well, then I’m not so careful about the content of the present, but I’m very careful about the cost.
3) I can spend somebody else’s money on myself. And if I spend somebody else’s money on myself, then I’m sure going to have a good lunch!
4) Finally, I can spend somebody else’s money on somebody else. And 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.