What is wrong with the following statements: a. Even if government spends its money on wasteful projects,

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What is wrong with the following statements:

a. “Even if government spends its money on wasteful projects, it still has worth because it creates jobs.”

b. “Even if the savings and loans did go bankrupt by financing useless office buildings and shopping centers, at least they created jobs.”

c. “Even if one life is prolonged by billions of dollars spent on triple bypass operations for people over age 80, then we should spend it.”

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