When I buy something, it doesn't cost my employer, it costs me.
the pedantry here isn't helpful, as its "not other peoples money" is a monetary system that the government lets us use.
I understand that frustration about frivolous spending. It would be better if the argument was on how we evolve and change the steel market here in the UK so its self funding.
BUT!
the whole discourse about "government shouldn't choose winners" is a bit flawed, because we have left it to business to invest in infra, and mostly they've just outsourced to someone else (who's government actually planned with an industrial strategy)