Does the Bladder Rule of Finance apply to Governments as well?

The bladder rule of finance, generally applied to public companies, goes something like this: the greater the cash, the greater the pressure to piss it away. Governments are taking it one step further to include access to cash in the form of borrowing and ability to tax "rich people" to having cash itself. How else to explain the audacity of spending practically everywhere?

The response to this recession which might otherwise be a way for the markets to cleanse and reset itself, may either provide the springboard or hand cuffs for future growth. Bizarrely, China is believed to be on target to be one of the first countries to emerge from the recession despite reintroducing politics to the lending process and massive levels of unsustainable lending (ChinaStakes). The Wall Street Journal has even gone as far as pointing out that the advantage that China's acquirors have is massive amounts of cheap capital. While China has been able to use leapfrog technologies in its attempt to catch up to the West, they just committed to spending 124b to build a public universal healthcare system (WSJ) just as the idea is proving unsustainable and on the way to collapse elsewhere (CMAJ).