February 15, 2008

Taxation and Public Policy

Many of the calls to C-Span regarding the war and the economy are focusing lately on how much money we will be able to spend on our national infrastructure as soon as we get out of these wars. I don't believe it because we are borrowing the money we are using for the wars in the first place. Odds are the Pay As You Go types won't be best thrilled by borrowing to pay for bridges or roads or train tracks or other issues like medicare here in the USofA. It is an illusion. We need to end the war and declare victory but not count on our domestic economy improving any time soon.