Let's clarify something first.
One of Government functions is NOT to MAKE money,
but rather to SPEND money wisely. Another of the
functions of Government is to do things "Business/
The Private Sector" can't, or won't.
Would the Transcontinental Rail Road, or the Tennessee
Valley Authority (TVA), or The Interstate Highway System,
or NASA, or The Panama Canal, or The Internet - and all the
the economic growth they fostered - have happened IF
Government hadn't financed them?
Let's just take NASA. Because the cost per pound to put
something in orbit was so high - NASA paid for the birth
of the semi-conductor industry. Without that stimulus,
think of just about anything in your home, office and
car - that isn't directly or indirectly the result of the
semi-conductor industry - and it's spinoffs. Without NASA,
think of all the value satellites have added to the world's
economy. And when you go to a hospital consider what
wouldn't be there if NASA didn't exist.
Now give me any private sector investment that had
a comperable Return On Investment, or impact of
the citizens of this country- as well as other countries.
Then give me examples of Government actions which
plunged the country into economic depression every
couple of generations, give or take a decade.
Wall Street has cost citizens far more money than
Government has "wasted". And if you use "Welfare
Fraud" as a prime example of Government Waste,
do a little research on Corporate Welfare.
And BTW - why is The Private Sector coming to
the Tax Payer, demanding money - because they're
"Too Big To Fail"?