Today's award goes to Amtrak, for
According to the newly revised Heritage Foundation report, "Federal Spending by the Numbers", the rail service lost $84.5 million alone on its food and beverage services in 2011, and $833.8 million over the past 10 years. "It has never broken even on these services," said Heritage.
There's more at the link, including many other examples of Government-funded wasteful expenditure.
My question is this. If Amtrak didn't make a profit on its food and beverage services in the first year of that decade, why did it continue pouring good money after bad for the next nine years? Surely someone in authority should have said, "We'll put in vending machines with sandwiches and sodas, and let our passengers help themselves." Why did no-one say - or do - anything like that? Surely Amtrak's managers can't be that dense?
No . . . I guess they can . . .