Politics and government “investment”

posted by
February 28, 2011
Independent Institute
by William Shughart  
Posted in Commentary

"I hope that you are as tired as I am of hearing politicians trot out the term 'investment' to justify spending the taxpayers’ money on such things as high-speed rail, 'green' energy alternatives to fossil fuels, innovative R&D projects and highways, more widespread Internet access and other so-called infrastructure. The public sector does not invest in any meaningful sense." (02/27/11)

http://www.independent.org/blog/index.php?p=9504  

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