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Wow...Murphy Oil to pay college tuition for all El Dorado HS grads
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01-23-2007, 07:51 AM
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oxinsnepe
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Oct 2005
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Originally posted by Kuciwalker
There is one huge difference. Inefficient government spending increases the national debt or at least redirects funds from less useful spending.
Inefficient charity redirects resources to useless tasks that could have been devoted towards useful ones. At the extreme end inefficient charity isn't much more useful than buying a multi-million dollar vanity plate. That might be true. However, it is his money to do with as he pleases. They are not public funds. If he wants to blow it all on crack whores and cocaine then that's his choice. He did decide to give it away in order to educate students however and that is great.
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