AmericanLiberal Wrote:
Feb 03, 2013 1:27 PM
And I agree that such theories can be manipulated to advance an ideological agenda, and that wasteful spending creates a burden of costs on the taxpayers. So? The fact remains that public spending, when borrowing rates are this low, is conceptually correct, and in a manner confirmed by the real world (the funding costs for the public sector, which is at historic lows now). Whatever malfeasance lurks within the human soul, governmental or otherwise, is quite besides the point.