Politicians Need An “Other People’s Money Addicts Anonymous” Program

My name is David and I am an OPM addict.

Actually, that is not true; I am not addicted. I might be one of the very few people in this house who is not, because addiction to OPM is a national crisis and I am surrounded by addicts.

I am not talking about the drug opium but something far more terrible. I am talking about an addiction to other people’s money.

The great economist Milton Friedman taught us that there are four ways to spend money: spending your own money on yourself; spending your own money on somebody else; spending other people’s money on yourself; and spending other people’s money on somebody else.

[This speech was delivered by Australian Senator David Leyonhjelm on the floor of the Australian Senate Chamber in Canberra on Tuesday, September 23]

Read more at OpenAustralia.org.au