Agree - for every $1 that the Fed. allocates, $.90 is used for the Feds' clerical administration.
Have you seen the daily Federal Register? (www.federalregister.gov) it is absurd the amount of paperwork for controlling paperwork, related to paperwork ad nauseum.
kind thoughts.
Yes --- the Federal Register is amazing to see. Imagine we are the ones who pay for this! Just like the 60,000 page "free-trade" documents that spell out all the many regulations.