The fraud targeting D.C.’s COVID-19 “relief,” policy wonk James Bovard estimates, may add up to “almost $600 billion.” Washington’s “pandemic pratfalls,” the legendary libertarian wrote, constitute “the greatest federal boondoggle of this century.”
Sigh.
Long lines. Lousy “service.” Waste. Featherbedding. Inefficiency. Embezzlement. Sole-source procurement. Weak contractor oversight. Nepotism. Improper payments.
Why does the “public” sector suck?
The answer: CORMEC. It’s not the name of a man from the British Isles, or a giant computer from the ‘40s. It’s an acronym for the layers of accountability that keep profit-seeking entities nimble, responsive, productive, and transparent.
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