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Give Prizes for Affordable Government, Not Expensive Light Bulbs

Recorded on March 18, 2012

From The Heritage Foundation, I'm Ernest Istook.

Our government awarded a $10-million prize for producing an affordable light bulb that costs $50.

That's 200 times more than I usually pay for the bulbs that government is phasing out.

Defenders claim the new bulb will last 30,000 hours--about 3 ½ years. But another article said 20,000 hours--just over 2 years. Some claim it might last 30 years, but maybe that's if you only use it for a few minutes a day.

What's clear is: each one costs $50 and my home requires dozens of bulbs. I save nothing on electricity if just one burns out early. And I can't keep records on each light bulb to get refunds. Dropping a single bulb becomes a major expense rather than a minor inconvenience.

I wish they'd give that $10-million prize to someone who invented affordable government, not a $50 light bulb.

From The Heritage Foundation, I'm Ernest Istook.