What do you think about this argument?

It shouldn’t bother you that some people are obscenely wealthy (billionaires) because they earned it, that’s their money, and they should spend or save it however they want to. But government waste? That should really piss you off because that’s your money!

Disclaimer: I disagree with the sentiment, but at the moment I can’t seem to think of a valid rebuttal.

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SunshineGirl · 36-40, F

Many billionaires owe their extreme wealth to the accumulation of capital just as much as the creation of wealth. If you hoard a finite resource such as land or real estate someone else who could have used that resource more productively will go without and their potential will be unrealised. One individual can only spend so much money in a lifetime, so the concentration of wealth is an inefficient drag on economic growth.

Governments step in to supply markets where the private sector has failed or is too risk averse. "Government inefficiency" is more often than not an expression used by wealthy individuals who do not like to be reminded of the hardship and suffering that social and economic inequality brings.