SPENDING LIKE A DRUNKEN SAILOR

Bullish Studio

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Transcript

00:00 So it's no secret that the government loves spending money.

00:02 So I went ahead and made up a game to help illustrate just how much money they're spending.

00:06 I'm going to show you items that the government bought this week and you guess how much they

00:09 paid for them.

00:10 Starting strong we have a pack of four 9-volt batteries.

00:13 Ready?

00:14 The price the government paid for them?

00:16 $181.

00:17 Yep, for four batteries.

00:18 You can pick them up at Target for $16 by the way.

00:21 Next we have a regular clock that goes on the wall.

00:23 I'll give you a second to think about it.

00:25 So the price the government paid for a wall clock from Office Depot is $506.

00:28 In a few seconds you can find about a dozen of them for sale for under $50.

00:33 And for this last one it might be a little bit more difficult, but check it out.

00:36 A compact SUV that can fit five passengers and tow 4,300 pounds for Ford.

00:41 They also didn't provide a specific model name.

00:43 If you guessed $154,000 you'd be right.

00:47 But after looking at so many of these it really makes you think, does the government not have

00:50 enough money or are they just inefficient at spending it?

00:52 These examples are small, but every now and then the government gives massive contracts

00:56 to companies that can impact the stock price.

00:58 check out my website for it all.

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