Uncle Sam is the Nation's largest landlord. Yet he will never win a round of Monopoly, the classic board game where players try to make money and avoid going bankrupt by buying, renting, and selling property. That is because Uncle Sam, who is already $37 trillion in debt, refuses to sell off unused and unneeded properties that are costing tens of millions of dollars a year to maintain. Many of Uncle Sam's properties are also fixer-uppers, requiring billions of dollars in much needed renovations and overdue upgrades, some of which are listed on this board. Holding on to unaffordable properties that are nearly vacant while being just a roll or two away from going bankrupt is not only a losing strategy in Monopoly but also a bad game plan in real life. But Uncle Sam gets away with it because Washington plays by its own set of rules. And no matter how you roll the dice, 'Washington-opoly' is a losing game for taxpayers.
Joni Ernst: “Uncle Sam is the Nation's largest landlord. Yet he will never win a round of Monopoly, the classic board game where…”
Editor's note · Context
Discussing the financial burden of government-owned properties during a speech.
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