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That doesn't mean it is more efficient. The administrative costs of Social Security, for example, are around 1/2%. That compares very favorably with most of the funds in my 401k.


Great. Now, do military spending. Or, you know, the money the Pentagon just loses every year.


> the money the Pentagon just loses every year.

It is very likely that unaccounted-for money wasn't lost so much as diverted to black budget projects.


A dream for any contractor. Limitless funds, no connection to who spent it and for what.




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