Spending money… to spend more money

"You must spend money," observed Roman playwright Titus Maccius Plautus, "to make money." That constitutes sound advice for investors and business owners. In government, politicians effortlessly twist the proverb into: "You must spend taxpayer money to justify spending even more taxpayer money."

"You must spend money," observed Roman playwright Titus Maccius Plautus, "to make money." That constitutes sound advice for investors and business owners. In government, politicians effortlessly twist the proverb into: "You must spend taxpayer money to justify spending even more taxpayer money."…