In some parts of Washington, DC, $220,000 would get you a fairly nice house.
In other parts, it would barely be enough to cover the bathroom.
A recent news report from Channel 2 in the Washington area states that a freshly renovated john at the U.S. Interior Department cost about $222,000 for the work done to it.
Here are some of the highlights of the 100-square-foot washroom:
These upgrades happened in 2007 and internal auditors issued memos about the fix-ups in 2009. It wasn't until a request was made under the Freedom of Information Act and four more years passed that it became public knowledge.
It's just another way to show that the government doesn't handle money wisely. They don't spend it well or keep track of it, and they dang sure don't save it. All of those jobs are much better left to you and your household. Don't rely on the government to take care of you. Fund your own retirement.
We've written in the past about what it's like to live on Social Security, and there is no shortage of news stories about how that program is in trouble. But consider this jaw-dropping stat: If the average payout from Social Security is $1,100 a month, remember you can outdo that by investing $100 a month for 21 years and living off the interest!
Save for your own golden years and you'll have far more money to spend and give than anything the government can throw at you. Otherwise, your future–much like recent taxpayer money–will go down the toilet.