alt.politics.usa.republican

On Sep 10, 8:00 pm, "Steve" wrote:
> "Lee Harrison" wrote in message
> > A Capital Budget for Public Investment
>
> > The federal budget needs to prioritize spending that will make
> > our economy more productive in the future. Yet, over the last
> > several decades, the portion of the federal budget going to
> > current consumption has increased, while that devoted to public
> > investment has declined. As a result, the federal government
> > does not adequately fund either the physical infrastructure or
> > knowledge capital upon which a more productive economy rests. We
> > are underinvesting not only in traditional infrastructure, but
> > also in high-speed broadband networks, in basic science research
> > and development, and in training skilled workers, scientists,
> > and engineers. Just as private businesses and most states use
> > capital budgeting, a federal capital budget would allow us to
> > separate our nation's public investment, which expands our
> > capacity to grow, from our government's current consumption
> > outlays. [More on This Idea]
>
> You want to give 6K away to every baby born, handout more money for college
> than ever before, insure everybody against bad luck, and you think there's
> going to be money for this?
Explain why more money simply can not be printed.


Michael