you
other people
Your money spent on yourself
Your money spent on other people
YOUR MONEY
OTHER PEOPLE’S MONEY
Other people’s money spent on you
Other people’s money spent on other people
Way No. 3 Spending other people’s money on yourself. I’m on the fence between a 730-horsepower V-12 Lamborghini Aventador that goes for $421,145 and an Aston Martin DB11 coupe, a steal at $201,495. Way No. 4 Spending other people’s money on other people. Who cares?! You’re not involved at all. It’s not your dime, and nothing’s in it for you. So it might as well be billions spent on crapola, or, as it was called during the Obama administration, “Cash for Clunkers.” The Lesson No. 4 is the way all government spending is done.
Let’s take cars as an example of something to spend on, and me as an example of someone doing the spending.
Way No. 1 Your money spent on yourself.
I purchased a Porsche 911 29 years ago that I still own. It was a great deal. I got it almost new from an orthodontist who scared himself and bought a Lexus coupe. When you spend your money on yourself you get – as nearly as you can – exactly what you want, and you bargain as hard as you can for it. Way No. 2 Your money spent on other people. You still bargain hard... But you’re not quite as concerned about getting exactly what’s wanted. Although I’m sure my wife is very fond of the Geo Tracker I got for her and the kids.
American Consequences
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