Remember the 2009 stimulus package? It was sold as $800 billion of shovel ready jobs, guaranteed to keep unemployment below 8%, and fast-track the American economy. We all know how that worked out. Here’s a little more evidence that no one wastes money like Uncle Sam.
West Virginia state auditors found widespread waste and abuse of taxpayer money as government officials were implementing the Broadband Technology Opportunities Program (BTOP). This revelation isn’t new, but W. Virginia’s recent report sheds new light on how well-intentioned programs go very wrong.
In short, West Virginia officials were buying $20,000 routers to interconnect libraries, community centers, and other public offices using federal grant money. One library in particular was the size of a small shed, yet boasted a $20,000 Cisco router. There’s plenty of blame to go around, but the moral of the story is this: government should stop spending other’s people money.
Read the whole story here.