[Vision2020] Some People Never Get it

Andreas Schou ophite at gmail.com
Wed Sep 21 14:00:56 PDT 2011

In standard government accounting, administrative costs are spread over the
entire program cost. So if the government buys a nuclear reactor core and a
phillips-head screw and sends both to Baltimore at a cost of a million
dollars, the spreadsheet will reflect that the Feds paid $10,500,000 for a
reactor core and $500,000.25 for a screw.

Every reporter in America should have this fact on their desk. But somehow
the media keeps getting rolled every time.
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