squandermania

English

Etymology

squander +‎ -mania

Noun

squandermania (uncountable)

1. Excessive expenditure by a government on a supposedly prestigious project.
   • 1975 May 25, “Turmoil on mainland”, in Free China Weekly‎^[1], volume XVI, number 20, Taipei, page 3:

     A third statement which appeared April 15 in a Communist Chinese newspaper "Red Guard" disclosed serious corruption, theft and squandermania among Communist cadres.

Related terms

• squandermaniac